Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

reAlpha Tech Corp. Regulatory Filings 2025

Jul 3, 2025

34420_rns_2025-07-03_986f53cb-f92d-47ae-bc18-501fb77fdd7f.zip

Regulatory Filings

Open in viewer

Opens in your device viewer

Field: Rule-Page

Field: /Rule-Page

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (date of earliest event reported) : July 2, 2025

reAlpha Tech Corp.

(Exact name of registrant as specified in its charter)

Delaware 001-41839 86-3425507
(State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number)

6515 Longshore Loop , Suite 100 , Dublin , OH 43017

(Address of principal executive offices and zip code)

( 707 ) 732-5742

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol(s) Name of each exchange on which registered
Common Stock, par value $0.001 per share AIRE The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Field: Rule-Page

Field: /Rule-Page

Field: Page; Sequence: 1

Field: /Page

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement.

As previously reported, reAlpha Tech Corp. (the “Company”) entered into a note purchase agreement with Streeterville Capital, LLC (the “Lender”) on August 14, 2024, pursuant to which the Company issued and sold a secured promissory note in favor of the Lender (the “Original Note”) with an original principal balance of $5,455,000 maturing on February 14, 2026. Under the terms of the Original Note, beginning seven months from the issuance and continuing until the Original Note is repaid in full, the Lender may redeem up to $545,000 per month by delivering a written redemption notice to the Company (each, a “Redemption Notice”). Upon receipt of such Redemption Notice, the Company is required to pay the specified redemption amount (each, a “Redemption Payment”) in cash within three trading days. After the Company has made five Redemption Payments in cash, any subsequent Redemption Payments made in cash will be subject to a 9% redemption premium.

On July 2, 2025, the Company received a Redemption Notice from the Lender for a Redemption Payment in the amount of $350,000 (the “Redemption Amount”). The Company and the Lender agreed that the Company may fully satisfy the Redemption Amount in shares of Common Stock, in lieu of cash. While the Company and the Lender have not yet entered into an agreement, the Company currently anticipates issuing approximately 1,267,656 shares (the “Exchange Shares”) of Common Stock, at an effective price per Exchange Share equal to $0.2761, which would be below the “Minimum Price” as defined in Nasdaq Listing Rule 5635(d) (the “Exchange”). The number of Exchange Shares to be issued in connection with the Exchange is expected to be less than 20% of the Company’s voting power outstanding prior to the Exchange. The Company intends to enter into a definitive agreement regarding the Exchange during the week of July 7, 2025.

This disclosure is being made to ensure complete market information. The proposed Exchange remains subject to the execution of a definitive agreement. No assurance can be given that such agreement will be reached or that the Redemption Amount will ultimately be satisfied through the Exchange in lieu of cash.

The foregoing description of the Original Note does not purport to be a complete description of the rights and obligations of the parties thereunder and is qualified in its entirety by reference to the full text of the Original Note. A copy of the Original Note was previously filed as Exhibit 4.4 to the Company’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 14, 2024, and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number Description
4.1** Secured Promissory Note, dated as of August 14, 2024 (previously filed as Exhibit 4.4 of Form 10-Q filed with the SEC on August 14, 2024).
104* Cover Page Interactive Data File (embedded within the Inline XBRL document).
* Filed herewith.
** Previously filed.

Field: Page; Sequence: 2; Options: NewSection; Value: 1

Field: Sequence; Type: Arabic; Name: PageNo 1 Field: /Sequence

Field: /Page

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 3, 2025
By: /s/ Michael J. Logozzo
Michael J. Logozzo
Chief Executive Officer

Field: Page; Sequence: 3; Options: Last

Field: Sequence; Type: Arabic; Name: PageNo 2 Field: /Sequence

Field: /Page

Field: Set; Name: xdx; ID: xdx_08B_extensions eJxFjd0KwjAMhZ9g7xB6PbSbqLBLxxRxiowh3pYtk+LWjLT+PZJvad0QQyAk53w5QoRiQ2vdIsN5VeRQYte3yiEU2CCjqdA70u0uAT8LvGjrWBk3rD8wJc+gZxYTWfn74Lxri3UCcjmV8TSeQySTaAbHvQi+ekqm0TUap1ULytRwZOpZo1P8Gj+U6kmGuteQdEK2mkwC0USO8htiGcVwoLt6EF8t5HkqgnCoQGyYbr13ZU+H5ktC1mLn4+xI/zv4AMfcSlY=