On July 12, 2024, reAlpha Tech Corp., a company listed on the Nasdaq Stock Market under the trading symbol AIRE, announced significant changes in its executive team. Michael Frenz was terminated from his position as the Chief Financial Officer, effective immediately. The company is expected to negotiate a separation agreement with Mr. Frenz that includes a severance payment, along with customary confidentiality and non-disparagement clauses. Concurrently, Michael J. Logozzo, who currently serves as the Chief Operating Officer and President, has been appointed as the interim Chief Financial Officer while the company searches for a permanent replacement. Mr. Logozzo's compensation will not be affected by this interim appointment. The company confirmed that there are no familial relationships between Mr. Logozzo and any of the company's directors or executive officers, nor are there any transactions involving Mr. Logozzo that would require disclosure under SEC regulations.

On July 12, 2024, reAlpha Tech Corp., a company listed on the Nasdaq Stock Market under the trading symbol AIRE, announced significant changes in its executive team. Michael Frenz was terminated from his position as the Chief Financial Officer, effective immediately. The company is expected to negotiate a separation agreement with Mr. Frenz that includes a severance payment, along with customary confidentiality and non-disparagement clauses. Concurrently, Michael J. Logozzo, who currently serves as the Chief Operating Officer and President, has been appointed as the interim Chief Financial Officer while the company searches for a permanent replacement. Mr. Logozzo's compensation will not be affected by this interim appointment. The company confirmed that there are no familial relationships between Mr. Logozzo and any of the company's directors or executive officers, nor are there any transactions involving Mr. Logozzo that would require disclosure under SEC regulations.