reAlpha Tech Corp. announced the closing of its public offering, raising approximately $2 million through the sale of common stock and warrants. The offering included Series A-1 and Series A-2 warrants with an exercise price of $0.15 per share. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The company plans to use the net proceeds for working capital, debt repayment, acquisitions, capital expenditures, and cryptocurrency investments. The securities were offered through a registration statement declared effective by the SEC. reAlpha aims to transform the real estate market with its AI-powered platform.

Read more at GlobeNewswire: reAlpha Tech Corp. Announces Closing of $2 Million Public