M&A
confidence high
sentiment neutral
materiality 0.55
reAlpha closes $8.5M InstaMortgage acquisition; target posted $7.26M FY2025 revenue
reAlpha Tech Corp.
- Deal total ~$8.5M: $0.5M cash, $1.5M reAlpha stock, $6.5M over 6 semiannual installments (3 yrs), at least $1.5M in cash.
- InstaMortgage FY2025 (Dec 31): revenue $7.26M, net income $91K; period Aug 2024-Dec 2025: revenue $9.70M, net income $95K.
- Target equity at closing $1.27M; warehouse line $9.79M; loans held for sale $9.94M at fair value.
- CA, NY, GA made up ~70% of 2025 originations; InstaMortgage shifted fiscal year-end from July 31 to Dec 31.
- Audited financials + unaudited pro forma combined statements filed for FY2025 and six months ended June 30, 2026.