reAlpha Tech Corp. announced a registered direct offering of 14,285,718 shares of its common stock at $0.35 per share. The offering is expected to generate approximately $5 million in gross proceeds, with H.C. Wainwright & Co. acting as the exclusive placement agent. The company plans to use the net proceeds for working capital, debt repayment, acquisitions, capital expenditures, and cryptocurrency investments. The offering is being made under a “shelf” registration statement and the unregistered warrants are offered in a private placement. The closing is expected on July 22, 2025, subject to customary closing conditions.

The offering includes unregistered warrants to purchase additional shares of common stock at an exercise price of $0.35 per share, expiring five years from the effective date. The warrants are being offered under Section 4(a)(2) of the Securities Act and/or Regulation D. The company’s goal is to transform the real estate services market with its AI-powered technology platform, providing integrated brokerage, mortgage, and title services. The forward-looking statements in the press release outline factors that could impact the company’s performance and results. For more information, visit www.realpha.com.

Read more at GlobeNewswire: reAlpha Tech Corp. Announces $5 Million Registered Direct