secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2025-07-03T23:59:59+00:00
Accession:  0001213900-25-061193
Event type: debt
Sentiment:  negative
Materiality: 0.45
Item codes: 2.04, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

reAlpha to issue ~1.27M shares at $0.2761 to satisfy $350K Streeterville redemption
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- Received $350,000 redemption notice from Streeterville Capital under August 2024 secured note.
- Plans to issue ~1,267,656 shares at $0.2761/share (below Nasdaq Minimum Price) to satisfy the payment.
- Exchange shares expected to be less than 20% of pre-exchange voting power; definitive agreement targeted for week of July 7, 2025.
- No assurance that the stock exchange will be completed; cash payment alternative remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025061193/0001213900-25-061193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025061193/ea0248127-8k_realpha.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-061193

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