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-0.000461538461538411 -0.000461538461538411 -0.000461538461538411 -0.000769230769230855 0.0523076923076922 0.0536923076923076 0.000153846153846137 0.00423076923076911
Stock impact report

reAlpha Tech Corp. Announces Exercise of Warrants for $3.1 Million Gross Proceeds [Yahoo! Finance]

reAlpha Tech Corp. (AIRE) 
Company Research Source: Yahoo! Finance
developing and commercializing artificial intelligence (“AI”) technologies, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 4,218,751 shares of common stock of the Company originally issued in November 2023, having an exercise price of $1.44 per share, at a reduced exercise price of $0.75 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-3 (No. 333-284234). The gross proceeds to the Company from the exercise of the warrants are expected to be approximately $3.1 million, prior to deducting placement agent fees and estimated offering expenses. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. In consideration for the immediate exercise of the warrants for cash, the Company will issue new unregistered warrants to purchase up to 8,437,502 shares of common st Show less Read more
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