secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2025-04-07T23:59:59+00:00
Accession:  0001213900-25-029169
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha raises ~$3.1M via warrant exercise; issues new 8.4M-share warrants
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- Gross proceeds ~$3.1M from immediate cash exercise of 4,218,751 Existing Warrants at reduced $0.75/share.
- Issues new unregistered warrants to purchase up to 8,437,502 shares at $0.75, expiring Nov 24, 2028, subject to stockholder approval.
- Reduces exercise price to $0.75 for all outstanding November 2023 warrants covering 8,333,333 shares.
- Offering expected to close April 8, 2025; net proceeds for working capital and general corporate purposes.
- H.C. Wainwright acts as exclusive placement agent; receives 5% cash fee plus up to $50,000 expense reimbursement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025029169/0001213900-25-029169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025029169/ea0237313-8k_realpha.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-029169

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