Summary by Futu AI
On October 10, 2024, reAlpha Tech Corp. announced the immediate resignation of William B. Miller as Chief Financial Officer. Concurrently, Rakesh Prasad, previously the Vice President of Finance, was appointed as the Interim CFO. Prasad, with over a decade of experience in finance reporting and audit, has been with reAlpha Tech since May 2021 and has held various roles within the company. His prior experience includes a position at Ernst & Young and founding a chartered accountant firm. Prasad's employment agreement, effective January 16, 2023, has been amended to increase his annual base salary to $150,000 in light of his new role. The company also announced plans for its 2024 annual meeting of stockholders to be held on December 13, 2024, with a record date for stockholder voting set for October 23, 2024. Stockholder proposals for the meeting must be submitted by October 21, 2024.