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reAlpha Tech | 424B3: Prospectus

SEC ·  Aug 21 18:35
Summary by Futu AI
reAlpha Tech Corp. (reAlpha), a technology company specializing in real estate and artificial intelligence, has announced the appointment of William B. Miller as its new Chief Financial Officer, effective August 19, 2024. Miller succeeds Michael J. Logozzo, who served as the interim CFO and will continue as the company's Chief Operating Officer and President. Miller brings over two decades of financial leadership experience, having previously served as Chief Accounting Officer at Sunlight Financial Holdings Inc. and CFO and Treasurer at KKR Real Estate Finance Trust Inc. The announcement comes alongside the filing of a Current Report on Form 8-K with the SEC, detailing Miller's appointment and compensation. reAlpha's common stock is listed on the Nasdaq under the ticker symbol...Show More
reAlpha Tech Corp. (reAlpha), a technology company specializing in real estate and artificial intelligence, has announced the appointment of William B. Miller as its new Chief Financial Officer, effective August 19, 2024. Miller succeeds Michael J. Logozzo, who served as the interim CFO and will continue as the company's Chief Operating Officer and President. Miller brings over two decades of financial leadership experience, having previously served as Chief Accounting Officer at Sunlight Financial Holdings Inc. and CFO and Treasurer at KKR Real Estate Finance Trust Inc. The announcement comes alongside the filing of a Current Report on Form 8-K with the SEC, detailing Miller's appointment and compensation. reAlpha's common stock is listed on the Nasdaq under the ticker symbol 'AIRE', and as of August 20, 2024, it closed at $1.23. The company is recognized as a 'controlled company' under Nasdaq's listing rules due to CEO and Chairman Giri Devanur's ownership of approximately 62.35% of outstanding common stock. reAlpha has chosen not to take advantage of certain corporate governance exceptions available to controlled companies. The company has also recently launched 'Claire', an AI-powered, commission-free homebuying platform, reflecting its commitment to making homebuying more accessible and transparent.

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