reAlpha Tech Corp.'s SEC filings document an AI-powered real estate technology company with Nasdaq-listed common stock and an emerging growth company reporting status. Recent 8-K filings cover financial results, business highlights, non-GAAP reconciliations, investor presentation materials and operating updates tied to the company’s homebuying platform, mortgage brokerage, realty services and AiChat technology operations.
The filings also record capital-structure and governance matters, including a 1-for-25 reverse stock split, charter amendments, Nasdaq listing-rule notifications, audit committee composition, executive separation arrangements and restructuring actions. These disclosures describe material events affecting reAlpha’s reporting obligations, board oversight, equity structure and operating cost profile.
reAlpha Tech Corp. is launching a strategic restructuring aimed at cutting costs and supporting its profitability goal. The company plans to reduce its global workforce by about 25%, including roughly 21 full-time employees plus consultants and contractors, and consolidate select vendor relationships.
These actions are expected to generate approximately $2 million in annualized savings from lower personnel expenses, vendor fees and lapsing restricted stock units. reAlpha estimates pre-tax charges of $0.14 million to $0.20 million, mostly in severance and benefits, with some non-cash stock-based costs. The restructuring is expected to be largely complete by the end of the second quarter of 2026, though local legal requirements may push some actions into the third quarter.
reAlpha Tech Corp. director Antony Prabhu received 1,510 shares of Common Stock as a grant for board service. The shares were issued on April 30, 2026 as quarterly compensation under the company’s 2022 Equity Incentive Plan, following his appointment on February 24, 2026.
The grant was valued using the 10-day volume weighted average closing price of $4.6911 per share, as adjusted for a 1-for-25 reverse stock split that also occurred on April 30, 2026. After this award, Prabhu directly holds 1,510 shares, reflecting a routine, compensation-related acquisition rather than an open-market purchase.
Swaminathan Balaji reported acquisition or exercise transactions in this Form 4 filing.
reAlpha Tech Corp. director Swaminathan Balaji received a grant of 3,997 shares of common stock on April 30, 2026 as quarterly compensation for his role as a non-executive director under the 2022 Equity Incentive Plan. After this award, he directly holds 6,570 shares.
The company effected a 1-for-25 reverse stock split on the same date, and all reported share amounts reflect this adjustment. The number of shares granted was based on a 10-day volume weighted average closing price of $4.6911 per share.
reAlpha Tech Corp. director Angelis Dimitrios acquired 3,997 shares of common stock as a stock grant for quarterly board compensation. The award was made on April 30, 2026 and reflects a 1-for-25 reverse stock split effective the same day.
The number of shares was based on a 10-day volume weighted average closing price of $4.6911 per share. Following this grant, Dimitrios directly holds 6,570 reAlpha Tech Corp. common shares.
reAlpha Tech Corp. CEO Michael J. Logozzo acquired 15,988 shares through a stock grant. The award, effective April 30, 2026, represents restricted stock units granted as compensation for services during the fiscal quarter ended March 31, 2026 under the company’s 2022 Equity Incentive Plan.
Each RSU corresponds to one share of common stock. Half of the RSUs will vest 12 months from the grant date, with the remaining half vesting in four equal quarterly installments over the following 12 months, contingent on continued service and plan conditions.
The company completed a 1-for-25 reverse stock split on April 30, 2026, and all reported share amounts, including this grant, reflect that adjustment. After this grant, Logozzo directly holds 144,441 shares of common stock.
reAlpha Tech Corp. granted Chief Financial Officer Thomas J. Kutzman Jr. 5,536 restricted stock units (RSUs) of common stock on April 30, 2026 as compensation for his executive service during the quarter ended March 31, 2026.
The award was prorated to reflect his service since his February 25, 2026 appointment and is based on a 10-day volume weighted average price of $4.6911. Following this grant, he directly holds 52,860 shares. The company effected a 1-for-25 reverse stock split on April 30, 2026, and all share figures reflect this adjustment.
Each RSU converts into one share upon vesting. Half of the RSUs vest 12 months after the grant date, with the remaining half vesting in four equal quarterly installments over the following year, subject to his continued service and plan conditions.
Devanur Giri reported acquisition or exercise transactions in this Form 4 filing.
reAlpha Tech Corp. Executive Chairman Devanur Giri reported an equity award and updated holdings. He received 13,323 restricted stock units on April 30, 2026 as compensation for services during the quarter ended March 31, 2026, with each RSU representing one share of common stock.
The RSUs vest over two years: 50% after 12 months from grant and the remaining 50% in four equal quarterly installments over the following 12 months, subject to continued service and plan conditions. After this grant, he directly holds 1,051,115 common shares and indirectly holds 108,000 shares through Giri Devanur Holdings LLC, over which he has sole voting and investment power. All share amounts reflect a 1-for-25 reverse stock split effective April 30, 2026.
reAlpha Tech Corp. CEO and director Michael J. Logozzo filed an amended Form 4 to correct how his common stock holdings are reported, rather than to report a new trade. The amendment changes his shares from indirect to direct ownership and updates the beneficially owned amount to 110,936 shares.
The filing also notes that the issuer completed a 1-for-25 reverse stock split of its common stock on April 30, 2026, and all share figures in this Form 4/A, including the 110,936 shares owned, are adjusted to reflect that reverse split. All other information from the original Form 4 remains unchanged.
reAlpha Tech Corp. is implementing a 1-for-25 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on April 30, 2026. This will reduce outstanding common shares from approximately 134.12 million to about 5.36 million, with no change to authorized shares or par value.
The company states the split is intended to help its stock regain compliance with Nasdaq’s $1.00 minimum bid price requirement and the shares will continue trading under the symbol AIRE with a new CUSIP. Warrants, preferred stock, and equity awards will be proportionately adjusted, and fractional shares will be rounded up to the nearest whole share. An amendment also corrects the Series A Preferred Stock conversion formula so its Conversion Price and conversion share count adjust proportionately in connection with the split.
reAlpha Tech Corp. is implementing a 1-for-25 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on April 30, 2026. This will reduce outstanding common shares from approximately 134.12 million to about 5.36 million, with no change to authorized shares or par value.
The company states the split is intended to help its stock regain compliance with Nasdaq’s $1.00 minimum bid price requirement and the shares will continue trading under the symbol AIRE with a new CUSIP. Warrants, preferred stock, and equity awards will be proportionately adjusted, and fractional shares will be rounded up to the nearest whole share. An amendment also corrects the Series A Preferred Stock conversion formula so its Conversion Price and conversion share count adjust proportionately in connection with the split.
reAlpha Tech Corp. reported first-quarter 2026 results showing modestly lower revenue but significantly higher operating losses as it scales its platform. Revenue was $841,062 versus $925,635 in Q1 2025, while gross profit increased slightly to $552,265 from $518,667, reflecting improved margins.
Operating expenses nearly doubled to $4,832,923, driven mainly by higher wages, benefits, and marketing, leading to an operating loss of $4,280,658 compared with $2,422,258 a year earlier. Net loss attributable to common stockholders widened to $4,375,623, or $0.03 per share, versus $2,849,942, or $0.06 per share. Adjusted EBITDA was a loss of $3,795,500, compared with a loss of $1,960,997 in Q1 2025.
Cash declined to $4,667,612 at March 31, 2026 from $7,783,529 at December 31, 2025, reflecting operating cash outflows. The company also amended its 2025 Short-Term Incentive Plan, updating performance targets and tying award value to the 10-day volume weighted average price of its common stock.
reAlpha Tech Corp. reported first-quarter 2026 results showing modestly lower revenue but significantly higher operating losses as it scales its platform. Revenue was $841,062 versus $925,635 in Q1 2025, while gross profit increased slightly to $552,265 from $518,667, reflecting improved margins.
Operating expenses nearly doubled to $4,832,923, driven mainly by higher wages, benefits, and marketing, leading to an operating loss of $4,280,658 compared with $2,422,258 a year earlier. Net loss attributable to common stockholders widened to $4,375,623, or $0.03 per share, versus $2,849,942, or $0.06 per share. Adjusted EBITDA was a loss of $3,795,500, compared with a loss of $1,960,997 in Q1 2025.
Cash declined to $4,667,612 at March 31, 2026 from $7,783,529 at December 31, 2025, reflecting operating cash outflows. The company also amended its 2025 Short-Term Incentive Plan, updating performance targets and tying award value to the 10-day volume weighted average price of its common stock.