secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001213900-23-088987
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha prices $8M public offering of 1.6M units at $5.00 each
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- 1,600,000 units sold at $5.00/unit; each unit = 1 share + 1.5 warrants to buy 1.5 shares at $5.00.
- Gross proceeds ~$8.0M; net proceeds ~$7.15M after 7% placement fee and expenses.
- Warrants immediately exercisable, expire 5 years; GEM warrants exercise price adjusted from $406.67 to $371.90.
- Offering expected to close November 24, 2023; officers/directors subject to 90-day lock-up.
- Proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390023088987/0001213900-23-088987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390023088987/ea188798-8k_realphatech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-088987

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