Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
reAlpha Tech Corp. entered into Purchase Agreement with certain purchasers valued at approximately $8,000,000 (effective 2023-11-21).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain purchasers
- Value
- approximately $8,000,000
- Effective
- 2023-11-21
Exact text from the filing
On November 21, 2023, reAlpha Tech Corp., a Delaware corporation (the “Company”), entered into a placement agency agreement (the “Placement Agency Agreement”) with Maxim Group LLC (the “Placement Agent”) and a securities purchase agreement (the “Purchase Agreement”) with certain purchasers (the “Purchasers”), pursuant to which the Company agreed to sell, in a best efforts public offering (the “Offering”) an aggregate of 1,600,000 units (the “Units”) at a public offering price of $5.00 per Unit, resulting in aggregate gross proceeds of approximately $8,000,000.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
reAlpha Tech Corp. entered into Placement Agency Agreement with Maxim Group LLC valued at 7.0% of the gross proceeds (effective 2023-11-21).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Maxim Group LLC
- Value
- 7.0% of the gross proceeds
- Effective
- 2023-11-21
Exact text from the filing
On November 21, 2023, reAlpha Tech Corp., a Delaware corporation (the “Company”), entered into a placement agency agreement (the “Placement Agency Agreement”) with Maxim Group LLC (the “Placement Agent”) and a securities purchase agreement (the “Purchase Agreement”) with certain purchasers (the “Purchasers”), pursuant to which the Company agreed to sell, in a best efforts public offering (the “Offering”) an aggregate of 1,600,000 units (the “Units”) at a public offering price of $5.00 per Unit, resulting in aggregate gross proceeds of approximately $8,000,000.
View on SEC.gov