secwatch.observer — SEC 8-K summary
======================================

Issuer:     Real REMAX Group Inc. (—)
CIK:        0002136387
Form:       8-K12B
Filed at:   2026-08-24T20:49:27+00:00
Accession:  0001104659-26-100334
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Real REMAX Group completes merger of RE/MAX and Real Brokerage; $550M term loan
-------------------------------------------------------------------------------

- Merger closed Aug 24, 2026; Real REMAX Group is now ultimate parent of RE/MAX, Real and their subsidiaries.
- Entered $550M term loan and $40M revolving facility with Morgan Stanley; term loan matures Aug 24, 2031.
- Cash elect REMAX holders got ~$4.33/share + 0.3535 Real REMAX shares; stock elect got 0.5150 shares; ~$80M cash paid.
- Real shares consolidated 10-for-1; ~14.5M shares issued to REMAX holders, ~22.1M to Real shareholders.
- Registration rights granted to David Liniger and certain REMAX stockholders; indemnification agreements for directors and officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2136387/000110465926100334/0001104659-26-100334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2136387/000110465926100334/tm2623736d2_8k12b.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-100334

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer