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 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 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 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 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 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 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.
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.
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 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 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.
reAlpha raises ~$3.1M via warrant exercise; issues new 8.4M-share warrants
Gross proceeds ~$3.1M from immediate cash exercise of 4,218,751 Existing Warrants at reduced $0.75/share.
reAlpha Tech reports FY2024 revenue up 270% to $948k but net loss widens to $26M on Rhove impairment
Revenue $948,420 (+270% YoY); net loss $26.02M vs $2.46M, driven by $17.3M Rhove goodwill impairment and discontinued ops.
Paid $80K cash to Unreal Estate to settle disputes; retains full ownership of USRealty membership interests.
Court dismisses reAlpha's complaint against GEM Yield Bahamas over warrant rescission
On March 14, 2025, U.S. District Court granted GEM's motion to dismiss reAlpha's complaint.
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.
On February 27, 2025, the Company terminated the employment of Jorge Aldecoa as the Company’s Chief Product Officer, effective immediately.
On February 27, 2025, the Company terminated the employment of Jorge Aldecoa as the Company’s Chief Product Officer, effective immediately.
succeeding Rakesh Prasad, who served as the interim Chief Financial Officer during the search for a permanent Chief Financial Officer and Mr. Prasad will continue to serve as the Vice President of Finance of the Company.
On January 30, 2025, reAlpha Tech Corp. (the “Company”) announced that it has appointed Piyush Phadke as the Company’s Chief Financial Officer (and principal financial and accounting officer), effective as of January 30, 2025.
On the same date, the Company appointed Rakesh Prasad, the Company’s Vice President of Finance, to serve as its Interim Chief Financial Officer (and principal financial and accounting officer), effective immediately, while the Company conducts its search for a new Chief Financial Officer.
On October 10, 2024, William B. Miller resigned from his position as Chief Financial Officer (and principal financial and accounting officer) of reAlpha Tech Corp. (the “Company”) and its subsidiaries, effective immediately.
succeeding Michael J. Logozzo, who served as the interim Chief Financial Officer during the search for a permanent Chief Financial Officer and Mr. Logozzo will continue to serve as the Company’s Chief Operating Officer and President.
On the same date, the Company appointed Michael J. Logozzo, the Company’s Chief Operating Officer and President, to serve as its interim Chief Financial Officer (and principal financial and accounting officer), effective immediately.
On July 12, 2024, reAlpha Tech Corp. (the “Company”) terminated the employment of Michael Frenz as the Company’s Chief Financial Officer (and principal financial and accounting officer), effective immediately.
Max materiality 0.90 · Median 0.62 · Most common event other_material