secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2023-12-04T23:59:59+00:00
Accession:  0001213900-23-092326
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 3.02, 8.01, 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha Tech to acquire AI studio Naamche for 225k shares plus up to $500k cash
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- Consideration: 225,000 restricted shares (3-yr vesting) + up to $450k contingent cash for U.S. Naamche; $50k cash for Nepal Naamche.
- Naamche brings a team of 25 engineers specializing in AI/ML, data engineering, and digital marketplace creation for real estate.
- Founder/CEO Ramesh Pathak will continue as President of Naamche and report to reAlpha CEO Giri Devanur.
- Closing subject to Nepalese regulatory approval and customary conditions; reAlpha already owns 25% of U.S. Naamche.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390023092326/0001213900-23-092326-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390023092326/ea189441-8k_realphatech.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-092326

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