m_and_a
confidence high
sentiment positive
materiality 0.80
reAlpha Tech Corp. enters into definitive agreement to acquire InstaMortgage for $8.5 million
reAlpha Tech Corp.
- Total consideration of $8.5 million: $500,000 cash, $1.5 million in reAlpha stock at closing, and $6.5 million deferred over 3 years.
- InstaMortgage is an originations-focused mortgage lender founded in 2008, with over $4 billion in volume over the past five years.
- Transaction expected to close in the first half of 2026, subject to regulatory approvals and customary closing conditions.
- Merger Sub will merge into InstaMortgage, which will survive as a wholly-owned subsidiary of reAlpha.
- Stock issuance capped at 19.99% of reAlpha's outstanding shares and 4.99% per stockholder unless shareholder approval is obtained.
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