Summary by Futu AI
On December 27, 2024, reAlpha Tech Corp. filed a prospectus supplement to increase the maximum number of shares issuable under its At the Market Sales Agreement with A.G.P./Alliance Global Partners. The new aggregate offering amount is set at $14,275,000, up from the previous limit established on December 19, 2024.The issuance and sale of these placement shares will be made under the company's Form S-3 registration statement, which was filed on November 15, 2024, and became effective on November 26, 2024. This offering is supplemented by the prospectus supplement dated December 19, 2024, and the current prospectus supplement.A legal opinion from Mitchell Silberberg & Knupp LLP regarding the placement shares has been filed as an exhibit to the Form 8-K. reAlpha Tech Corp., an emerging growth company, trades on the Nasdaq Stock Market under the symbol AIRE.