reAlpha Tech Corp. Files 8-K Report

TL;DR

reAlpha Tech Corp. filed an 8-K, likely containing updates for investors.

AI Summary

On August 20, 2024, reAlpha Tech Corp. filed an 8-K report. The filing primarily concerns Regulation FD disclosures and other events, along with financial statements and exhibits. No specific financial figures or significant business events were detailed in the provided excerpt.

Why It Matters

This filing indicates that reAlpha Tech Corp. is providing updates to the SEC, which could contain material information for investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report without immediate indication of significant financial distress or major corporate changes.

Key Players & Entities

• reAlpha Tech Corp. (company) — Registrant
• August 20, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 001-41839 (identifier) — Commission File Number
• 86-3425507 (identifier) — I.R.S. Employer Identification Number
• 6515 Longshore Loop, Suite 100, Dublin, OH 43017 (address) — Principal Executive Offices
• (707) 732-5742 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share AIRE The Nasdaq Stock Mar

Filing Documents

• ea0211848-8k_realpha.htm (8-K) — 33KB
• ea021184801ex99-1_realph.htm (EX-99.1) — 22KB
• 0001213900-24-070890.txt ( ) — 236KB
• aire-20240820.xsd (EX-101.SCH) — 3KB
• aire-20240820_lab.xml (EX-101.LAB) — 33KB
• aire-20240820_pre.xml (EX-101.PRE) — 22KB
• ea0211848-8k_realpha_htm.xml (XML) — 4KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On August 20, 2024, reAlpha Tech Corp. (the "Company") issued a press release announcing the launch of reAlpha (previously, "Claire") (the "Super App") for mobile devices. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this "Form 8-K") and is incorporated herein by reference. The information being furnished pursuant to Item 7.01 of this Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing. Furthermore, the furnishing of information under Item 7.01 of this Form 8-K, including Exhibit 99.1, is not intended to constitute a determination by the Company that the dissemination of the information contained herein is required by Regulation FD.

01 Other Events

Item 8.01 Other Events. As reported under Item 7.01 of this Form 8-K, on August 20, 2024, the Company announced the launch of the Super App for mobile devices. In connection with the launch of the Super App for mobile devices, the Company also changed the name of the Super App from "Claire," to "reAlpha." Claire will remain as the generative artificial intelligence ("AI") buyer's agent that will be integrated within the Super App, while providing the same services it did for users utilizing the platform under its previous name. The Super App combines Claire and its AI-powered capabilities, licensed real estate agent support and integrated services for buyers purchasing a home, which currently include title and escrow agent services, to provide an end-to-end, commission-free, homebuying platform. The Super App is currently under limited availability for homebuyers located in 20 counties in Florida while the Company is seeking new brokerage licenses to expand its capabilities to more U.S. states.

Forward-Looking Statements

Forward-Looking Statements The information in this Form 8-K includes "forward-looking statements". Forward-looking statements include, among other things, statements about the Super App and statements regarding the Company's ability to obtain new brokerage licenses to expand the Super App's capabilities to more U.S. states. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "could", "might", "plan", "possible", "project", "strive", "budget", "forecast", "expect", "intend", "will", "estimate", "anticipate", "believe", "predict", "potential" or "continue", or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the Company's limited operating history and that the Company has not yet fully developed its AI-based technologies; the Company's ability to commercialize its developing AI-based technologies; whether the Company's technology and products will be accepted and adopted by its customers and intended users; the Company's ability to capitalize on the recent National Association of Realtors' rules change development to create more demand for its products and services, including the Super App; the Company's ability to generate revenues through the Super App and services provided therein, both online and via mobile device; the Company's ability to acquire, collaborate with and/or partner with mortgage brokerage firms and home insurance providers, as well as other service providers to further enhance the Super App's capabilities and services provided therein; the Company's ability to generate revenue through its title services and any other services it may offer to the Super App's users in the future; the inability to maintain and strengthen the Company's brand and reputation; the inability to accurately forecast demand for short-term rentals and AI-based real estate focused products

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1** Press Release, dated August 20, 2024. 104* Cover Page Interactive Data File (embedded within the Inline XBRL document). * Filed herewith. ** Furnished herewith. 1 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: August 20, 2024 REALPHA TECH CORP. By: /s/ Giri Devanur Giri Devanur Chief Executive Officer 2

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View this 8-K filing on SEC EDGAR