secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001213900-25-016325
Event type: m_and_a
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 3.02, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha Tech acquires GTG Financial mortgage brokerage for up to $4.2M mix of stock, cash, earn-outs
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- Acquired GTG Financial for up to $4.2M in preferred stock, restricted shares, cash, and earn-outs.
- Consideration includes 14,063 Series A Preferred shares ($281,250), 700,055 restricted shares ($1,287,000), $1,344,750 cash, up to $1,287,000 earn-out.
- GTG is licensed in 7 states; expands reAlpha's mortgage operations to 28 states.
- Streeterville Capital consented to the acquisition, waiving restrictive issuance covenant.
- Series A Preferred filed: $20 stated value, 3% dividend, convertible, 3-year term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025016325/0001213900-25-016325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025016325/ea0231606-8k_realpha.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-016325

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