reAlpha Tech Corp. (AIRE) Form 424B4 — Nov 4, 2026
reAlpha Tech Corp. priced a best-efforts offering of 1,361,028 shares at $0.40 plus pre-funded warrants for 3,013,972 shares, for maximum gross proceeds of about $1.75 million and estimated net proceeds of roughly $1.35 million. The $0.40 price is a 40% discount to the November 2, 2026 close of $0.6681, and no minimum amount is required to close. The filing discloses substantial doubt about the company's ability to continue as a going concern: cash of $2.23 million as of June 30, 2026 covers less than one month of projected operations absent this raise, and even a fully subscribed offering funds only about three months.
Key figures
- Total Debt
- 300759
- Cash Position
- 2230607
- Offering Price
- 0.4
- Shares Offered
- 1361028
- Shares Outstanding
- 7,434,024 after offering (6,072,996 before), assuming no exercise of pre-funded warrants
- Last Market Price
- 0.6681
- Pre Funded Warrants
- 3,013,972 warrants at $0.3999, exercise price $0.0001
- Reverse Split Ratio
- 1-for-25 (April 30, 2026)
- Net Proceeds Estimate
- $1.35 million
- Cash Runway Pre Offering
- less than one month
- Cash Runway Post Offering
- approximately three months
- Dilution Per New Investor
- 1.34
- Insta Mortgage Acquisition
- $8,500,000 total consideration
- Placement Agent Expense Reimbursement
- $150,000 (max $90,000 legal fees)
AI analysis
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