debt
confidence high
sentiment positive
materiality 0.75
reAlpha Tech Corp. repays $4.47M Streeterville secured note in full
reAlpha Tech Corp.
- Repaid $4,466,202 on July 23, 2025, covering the full note balance plus a 9% prepayment penalty.
- Original $5.455M secured note (8% interest, due Feb 2026) is now fully cancelled after a series of partial repayments.
- No secured promissory notes or convertible debt remain; only trade payables and subsidiary debt are outstanding.
- Lender Streeterville executed a certificate releasing the Company and its subsidiaries from all further obligations.
- Company used cash on hand, including proceeds from recent equity offerings, to fund the repayment.
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