secwatch.observer — SEC 8-K summary
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Issuer:     reAlpha Tech Corp. (AIRE)
CIK:        0001859199
Form:       8-K
Filed at:   2025-07-08T23:59:59+00:00
Accession:  0001213900-25-061852
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 1.01, 2.04, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

reAlpha exchanges $350K prom note for 1.27M shares; no longer a controlled company
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- Exchanged $350,000 Partitioned Note for 1,267,656 common shares at $0.2761 per share with Streeterville Capital.
- Remaining note balance reduced to $4,080,170.82 as of July 3, 2025.
- Giri Devanur no longer holds >50% voting power; company ceases to be a controlled company under Nasdaq rules.
- Shares issued under Section 3(a)(9) exemption; no additional consideration paid.
- Total shares outstanding post-issuance: 56,106,712 as of July 7, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025061852/0001213900-25-061852-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1859199/000121390025061852/ea0248301-8k_realpha.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-061852

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