Giri Devanur
Effective June 3, 2025, the Board appointed Mr. Devanur, who currently serves as Chairman of the Board, as Executive Chairman of the Board, a new role at the Company.
Highest-materiality recent filing
reAlpha regains Nasdaq minimum bid price compliance; matter closed
Nasdaq confirmed compliance after closing bid price at or above $1.00 for 10 consecutive business days.
reAlpha cuts workforce 25%, targets $2M annual savings in restructuring
Workforce reduction of ~25% (21 FTEs plus consultants/temps); roles in marketing, tech, product, real estate, mortgage affected.
reAlpha Q1 2026: Revenue down 9% to $0.8M, net loss $4.3M; Thomas Kutzman named CFO
Revenue decreased 9% to $0.8M; homebuying services $0.6M, tech services $0.3M.
reAlpha announces 1-for-25 reverse stock split effective April 30 to regain Nasdaq compliance
1-for-25 reverse split reduces outstanding shares from ~134.12M to ~5.36M.
CFO Piyush Phadke terminated effective Feb 25, 2026; separation agreement signed March 16, 2026.
reAlpha reports FY2025 revenue up 376% to $4.5M, net loss narrows to $4.8M in Q4
FY2025 revenue $4.5M (+376%); Q4 revenue $0.9M (+70%).
reAlpha appoints Thomas Kutzman as CFO, resolves Nasdaq audit committee deficiency
CEO Michael Logozzo and Prabhu Antony appointed to board Feb 24; Antony joins audit, compensation, nominating committees.
reAlpha Tech estimates Q4 revenue $0.8M-$1.0M, FY2025 $4.4M-$4.6M; cash $7.7M
Q4 2025 total revenue estimated at $0.8M–$1.0M; full-year 2025 estimated $4.4M–$4.6M.
Two directors resign; reAlpha Tech non-compliant with Nasdaq audit committee rule
Brian Cole and Monaz Karkaria resigned from board and committees on Feb 4-5, 2026; no disagreement cited.
reAlpha Tech recommences ATM equity offering, ups capacity to $20M
Filed prospectus supplement to recommence ATM offering under existing S-3 registration.
reAlpha Tech Corp. enters into definitive agreement to acquire InstaMortgage for $8.5 million
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.
reAlpha acquires Prevu for $4.5M, adding 11 new markets and digital brokerage
Total consideration $4.5M: $750K cash, $1.25M in stock (2.501M shares at ~$0.4998), $2.5M deferred over 18 months.
reAlpha gets 180-day Nasdaq extension to cure bid price deficiency until May 18, 2026
Nasdaq granted reAlpha a 180-day extension to May 18, 2026 to meet $1 minimum bid price.
reAlpha Q3 revenue surges 326% to $1.5M; net loss widens to $5.8M
Revenue $1.5M (+326% YoY); net loss $(5.8)M vs $(2.1)M in Q3 2024.
reAlpha Q3 revenue surges 326% to $1.45M; net loss widens to $5.8M
Revenue $1.445M vs $339k in Q3 2024, up 326% YoY; gross profit $750k (52% margin down from 67%).
reAlpha Tech Corp issues 35.8M shares from warrant exercises, raising $8.3M
35,845,285 shares of common stock issued to holders exercising warrants as of Oct 20, 2025.
reAlpha stockholders approve reverse stock split ratio 1:7–1:25 for Nasdaq compliance
Five director nominees elected: Giri Devanur, Dimitrios Angelis, Brian Cole, Monaz Karkaria, Balaji Swaminathan.
reAlpha amends CEO/CFO employment agreements; base salaries raised and non-compete narrowed
CEO Logozzo base salary raised to $300k/yr (from $250k); CFO Phadke to $275k/yr (from $250k).
reAlpha regains Nasdaq MVLS compliance, closing prior deficiency
Nasdaq confirmed compliance on Sept. 22, 2025; MVLS above $35M for 10 consecutive days.
reAlpha Tech receives $5.5M from full cash exercise of 7.3M warrants at $0.75/share
Holder exercised 7,291,668 warrants on Sep 11-12, 2025 for cash.
reAlpha Tech rescinds GTG Financial acquisition; seller returns shares and preferred stock
reAlpha returns 100% of GTG Financial common stock to seller Glenn Groves.
reAlpha Tech posts corporate presentation; no specific financial data provided
Presentation dated September 2025 posted on ir.realpha.com on September 3, 2025.
reAlpha Tech rescinds GTG Financial acquisition; seller exercised rescission right
Seller Glenn Groves rescinded Stock Purchase Agreement due to non-payment of $1,344,750 Cash Portion within 180 days.
reAlpha reports 1,909% revenue growth to $1.3M in Q2 2025; net loss widens to $4.1M
Revenue $1.3M (+1,909% YoY), net loss $4.1M vs $1.5M loss a year ago.
reAlpha Tech sets 2025 annual meeting for Oct 8; proposal deadline Aug 24
Annual meeting set for October 8, 2025; record date is August 11, 2025.
reAlpha Tech closes $5M registered direct offering + warrants at $0.35/share
Closed offering of 14,285,718 shares at $0.35 per share for gross proceeds of $5 million.
reAlpha Tech Corp. repays $4.47M Streeterville secured note in full
Repaid $4,466,202 on July 23, 2025, covering the full note balance plus a 9% prepayment penalty.
reAlpha Tech Corp. prices $5M registered direct offering at $0.35/share with warrants
14.3M shares sold at $0.35 each; gross proceeds ~$5M, net ~$4.5M after fees.
reAlpha Tech Corp. prices $2M public offering of 13.3M shares and warrants at $0.15/unit
Offering of 13,333,334 shares of common stock plus Series A-1 and A-2 warrants at $0.15/unit.
reAlpha Tech Corp. closes $2M public offering of common stock and warrants
Closed offering of 13,333,334 shares of common stock and Series A-1 and A-2 warrants for up to 13,333,334 shares each at $0.15 per unit.
Waiver allows reAlpha to comply with standstill provisions for its S-1 registered follow-on equity offering.
reAlpha exchanges $350K prom note for 1.27M shares; no longer a controlled company
Exchanged $350,000 Partitioned Note for 1,267,656 common shares at $0.2761 per share with Streeterville Capital.
reAlpha to issue ~1.27M shares at $0.2761 to satisfy $350K Streeterville redemption
Received $350,000 redemption notice from Streeterville Capital under August 2024 secured note.
Received Nasdaq notice on July 1, 2025 for MVLS below $35M for 30 consecutive business days.
reAlpha updates risk factors: GYBL lawsuit, permanent Massachusetts securities bar
Pending appeal of dismissed lawsuit vs GYBL; GYBL countersues for breach and declaratory relief seeking damages.
reAlpha issues 747K shares to Streeterville to settle $300K note redemption at $0.4013/share
Exchanged a $300K partitioned note for 747,607 common shares at $0.4013 per share, reducing note balance to $4.41M.
reAlpha reports Q1 2025 revenue of $926K, up 4,432% YoY; expands to 30 states
Q1 2025 revenue $926K, gross profit $519K (56% margin, +45ppt YoY).
reAlpha Tech Corp. appoints Mike Logozzo as CEO; founder Giri Devanur becomes Executive Chairman
Effective June 3, 2025, Mike Logozzo (formerly President/COO) appointed CEO and interim COO.
reAlpha Tech receives Nasdaq bid price deficiency notice; 180-day cure period
Closing bid price below $1 for 30 consecutive business days ending May 19, 2025.
reAlpha posts Q1 2025 revenue $926K (+4,432% YoY); Adj. EBITDA loss $(1.96M)
Q1 2025 revenue $926K (+4,432% YoY), gross profit $519K (+23,725% YoY), adjusted EBITDA loss $(1,961K) (47% YoY).
reAlpha Q1 2025 revenue surges 4,432% to $925,635; net loss widens to $2.85M
Revenue jumped 4,432% YoY to $925,635 from $20,426; net loss $2.85M vs $1.41M.
Effective June 3, 2025, the Board appointed Mr. Devanur, who currently serves as Chairman of the Board, as Executive Chairman of the Board, a new role at the Company.
On June 3, 2025, Giri Devanur, the Chief Executive Officer (and principal executive officer) of reAlpha Tech Corp. (the “Company”), informed the board of directors of the Company (the “Board”) of his departure from the role of Chief Executive Officer of the Company , effective immediately.
On the same date, the Board appointed Michael J. Logozzo, the Company’s Chief Operating Officer and President, to serve as its Chief Executive Officer (and principal executive officer), effective immediately. While Mr. Logozzo will no longer serve as President of the Company, he will serve as the Company’s Interim Chief Operating Officer while the Company conducts its search for a permanent successor.
Max materiality 0.90 · Median 0.65 · Most common event other_material