other_material
confidence high
sentiment neutral
materiality 0.65
reAlpha Tech closes $5M registered direct offering + warrants at $0.35/share
reAlpha Tech Corp.
- Closed offering of 14,285,718 shares at $0.35 per share for gross proceeds of $5 million.
- Issued warrants to purchase up to 14,285,718 shares at $0.35, exercisable for 5 years from resale registration.
- Net proceeds of ~$4.5 million; intended for working capital, debt repayment, acquisitions, capex, and crypto purchases.
- H.C. Wainwright acted as exclusive placement agent.
item 8.01item 9.01