reAlpha Tech Corp. has been actively engaging in various corporate activities throughout 2023 and 2024, including SEC filings, property transactions, and a strategic shift towards AI technology. On May 17, 2024, the company filed an amendment with the SEC and also completed the sale of myAlphie LLC on May 17, 2023, while committing to provide ongoing technical support to the buyer. reAlpha introduced GENA, an AI technology for creating personalized listing descriptions, in November 2023, with a full release by March 2024. The company successfully raised $8.0 million through a follow-on offering on November 24, 2023. It terminated a Letter of Intent (LOI) to acquire United Software Group on April 12, 2024, and on April 24, 2024, announced the launch of Claire, an AI-powered buyer’s agent platform. reAlpha expanded its portfolio by...Show More

reAlpha Tech Corp. has been actively engaging in various corporate activities throughout 2023 and 2024, including SEC filings, property transactions, and a strategic shift towards AI technology. On May 17, 2024, the company filed an amendment with the SEC and also completed the sale of myAlphie LLC on May 17, 2023, while committing to provide ongoing technical support to the buyer. reAlpha introduced GENA, an AI technology for creating personalized listing descriptions, in November 2023, with a full release by March 2024. The company successfully raised $8.0 million through a follow-on offering on November 24, 2023. It terminated a Letter of Intent (LOI) to acquire United Software Group on April 12, 2024, and on April 24, 2024, announced the launch of Claire, an AI-powered buyer’s agent platform. reAlpha expanded its portfolio by acquiring Naamche, Inc. and Naamche, Inc. Pvt. Ltd. on May 6, 2024, making them wholly-owned subsidiaries. The company has shifted its fiscal year-end from April 30 to December 31, effective as of the end of 2023. Currently, reAlpha holds no properties, aligning with its strategic focus on AI technologies, and plans to resume rental operations when market conditions improve. The company's revenue strategy includes technology subscriptions, licensing fees, and Syndications on the reAlpha App. With the aim of becoming a global leader in the proptech sector, reAlpha has entered into a $200 million credit facility with Churchill Funding I, LLC for acquiring short-term rental properties. Additionally, reAlpha settled a legal dispute with a board advisor for $125,000 and sold a property on March 6, 2024, for $325,000, using the proceeds to pay off a mortgage loan of $247,000.