Summary by Futu AI
reAlpha Tech Corp. has formally requested the U.S. Securities and Exchange Commission (SEC) to accelerate the effective date of its Registration Statement on Form S-11, initially filed on December 29, 2023. The company has proposed for the Registration Statement to become effective on June 25, 2024, at 4:30 p.m. Eastern Time. This request was made in accordance with Rule 461 under the Securities Act of 1933. reAlpha Tech's CEO, Giri Devanur, signed the acceleration request, which also indicates that the company's outside counsel, Mitchell Silberberg & Knupp LLP, may communicate further with the SEC staff by phone to confirm the effectiveness of the Registration Statement or to request a different effective time if necessary.