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FOREWARN to Provide Identity Verification Services to Spokane REALTORS® to Promote Agent Safety

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FOREWARN (NASDAQ: RDVT) announced that Spokane REALTORS® will make FOREWARN services available to its 2,400+ members beginning Jan. 15, 2026 to promote agent safety. The service is available online and via mobile app and uses phone-number-based searches across billions of data points to verify identity, search criminal histories, and validate client-provided information. Spokane REALTORS members receive the FOREWARN subscription as an included benefit at no additional cost, with activation instructions sent to existing members.

The offering aims to help agents plan showings with greater confidence and reduce fraud and safety risks when interacting with unknown prospects.

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Positive

  • Contract to deliver services to 2,400+ Spokane REALTORS members
  • Included benefit for members at no additional cost
  • Service available online and via mobile app for field use
  • Phone-number-based identity checks using billions of data points

Negative

  • FOREWARN access is provided at no additional cost to 2,400+ members

Key Figures

Spokane REALTORS members: 2,400+ members Q3 2025 revenue: $23.1M Q3 2025 net income: $4.2M +5 more
8 metrics
Spokane REALTORS members 2,400+ members FOREWARN services contract for Spokane area agents
Q3 2025 revenue $23.1M Record quarterly revenue, up 21% YoY
Q3 2025 net income $4.2M Quarterly net income, up 145% YoY
Q3 2025 operating cash flow $10.2M Record operating cash flow for the quarter
FOREWARN users total 372,209 users Total FOREWARN users as of Q3 2025
New FOREWARN users 25,538 users New FOREWARN users added in Q3 2025
Shelf registration size $150,000,000 Maximum mixed securities under Form S-3 shelf
Shares outstanding 14,088,231 shares Common stock outstanding as of Nov 17, 2025

Market Reality Check

Price: $50.87 Vol: Volume 84,231 is below 20...
normal vol
$50.87 Last Close
Volume Volume 84,231 is below 20-day average 102,679 (relative volume 0.82). normal
Technical Price 50.87 is trading above 200-day MA at 48.6, indicating a pre-news uptrend.

Peers on Argus

RDVT was down 1.66% pre-news while several peers also traded lower: DOMO -8.12%,...

RDVT was down 1.66% pre-news while several peers also traded lower: DOMO -8.12%, RBBN -2.43%, VTEX -1.91%, RSKD -1.26%, and PRO was roughly flat at -0.04%, suggesting stock-specific plus broader softness rather than a tight sector rotation.

Historical Context

5 past events · Latest: Jan 05 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 05 Investor conference Positive +3.8% Announcement of Needham Growth Conference presentation and investor meetings.
Nov 11 Investor conference Positive +0.2% Participation in Raymond James TMT and Consumer Conference with investor meetings.
Nov 07 Recognition/award Positive -2.0% Inclusion in TIME’s America’s Growth Leaders of 2026 ranking at #107.
Nov 05 Earnings results Positive +4.5% Record Q3 2025 revenue, cash flow, and improved margins with strong EPS.
Nov 04 Investor conference Positive -3.4% Announcement of presentation at Southwest IDEAS Investor Conference.
Pattern Detected

Recent history shows mostly positive price responses to favorable corporate or earnings news, but there are instances where clearly positive recognition or conference participation coincided with short-term declines.

Recent Company History

Over the last six months, RDVT has highlighted multiple growth and visibility milestones. On Nov 5, 2025, Q3 results showed record revenue of $23.1M and strong profitability, followed by a 4.5% gain. The company expanded investor outreach through conferences on Nov 4, 2025, Nov 11, 2025, and Jan 5, 2026, with mixed share reactions. Recognition on TIME’s America’s Growth Leaders list on Nov 7, 2025 saw a brief pullback. Today’s FOREWARN agreement extends that growth narrative in agent safety solutions.

Regulatory & Risk Context

Active S-3 Shelf · $150,000,000
Shelf Active
Active S-3 Shelf Registration 2025-11-19
$150,000,000 registered capacity

An effective Form S-3 shelf filed on Nov 19, 2025 allows RDVT to offer up to $150,000,000 of mixed securities in one or more future offerings. A 424B5 prospectus supplement was filed on Nov 26, 2025, indicating at least some usage of this capacity. Specific terms and timing of any additional issuances would be defined in further supplements.

Market Pulse Summary

This announcement adds another REALTOR association to FOREWARN’s footprint by providing services to ...
Analysis

This announcement adds another REALTOR association to FOREWARN’s footprint by providing services to over 2,400 Spokane REALTORS members at no additional cost to individual agents, supporting RDVT’s identity and safety platform growth. In context of record Q3 revenue of $23.1M, expanding FOREWARN usage complements prior user and association gains. Investors may track future disclosures under the $150,000,000 shelf and any changes in insider activity when assessing the longer-term impact of such contracts.

Key Terms

shelf registration statement, form s-3, prospectus supplement, rsus
4 terms
shelf registration statement regulatory
"has filed a shelf registration statement on Form S-3 to offer from time to time up to"
A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.
form s-3 regulatory
"has filed a shelf registration statement on Form S-3 to offer from time to time up to"
Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.
prospectus supplement regulatory
"specific terms, prices and net proceeds detailed in future prospectus supplements."
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
rsus financial
"This figure includes 20,000 RSUs granted on 11/30/2023 that vest in two equal"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

AI-generated analysis. Not financial advice.

The 2nd largest local REALTOR® Association in the state of Washington contracts to make FOREWARN services available for its 2,400+ real estate professional members to promote proactive agent safety

BOCA RATON, Fla., Jan. 15, 2026 (GLOBE NEWSWIRE) -- FOREWARN, LLC, a red violet company (NASDAQ: RDVT) and the leading provider of real-time information solutions for real estate agents, today announced that Spokane REALTORS® (SR) will offer FOREWARN® services to its 2,400+ members throughout the Spokane area to promote proactive real estate agent safety.

Available both online and through a mobile application, FOREWARN analyzes billions of data points and provides users with the ability to mitigate risks by verifying identity, searching for criminal histories, and validating information provided by potential clients using just a phone number. FOREWARN allows agents to properly and safely plan for showings with a higher level of confidence.

The FOREWARN services offered by SR are available to its members at no additional cost to individual agents.

“The safety and confidence of our members guide every decision we make,” stated Tiffany Claxton, CEO of Spokane REALTORS®. “In an industry where agents routinely interact with unknown prospects, providing FOREWARN was a proactive and meaningful step. Instant access to reliable identity insights allows our members to better assess risk, protect themselves from fraud, and approach every interaction with greater awareness and peace of mind.”

Existing SR members will receive specific instructions on how to activate their FOREWARN subscription as an included benefit.

All other real estate agencies, agents, and appraisers can learn more about FOREWARN at www.forewarn.com.

About FOREWARN®
At FOREWARN, we bring instant knowledge through innovative solutions to ensure safer engagements and smarter interactions. Leveraging powerful analytics and a massive data repository, our solutions enable organizations to gain real-time knowledge, for purposes such as verifying identity, searching for criminal histories, and validating information. Risk assessment and due diligence at your fingertips™.

RELATED LINKS: www.forewarn.com

About red violet®
At red violet, we build proprietary technologies and apply analytical capabilities to deliver identity intelligence. Our technology powers critical solutions, which empower organizations to operate with confidence. Our solutions enable the real-time identification and location of people, businesses, assets and their interrelationships. These solutions are used for purposes including identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition. Our intelligent platform, CORE™, is purpose-built for the enterprise, yet flexible enough for organizations of all sizes, bringing clarity to massive datasets by transforming data into intelligence. Our solutions are used today to enable frictionless commerce, to ensure safety, and to reduce fraud and the concomitant expense borne by society. For more information, please visit www.redviolet.com.

FORWARD-LOOKING STATEMENTS

This press release contains “forward-looking statements,” as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as “expects,” “plans,” “projects,” “will,” “may,” “anticipate,” “believes,” “should,” “intends,” “estimates,” and other words of similar meaning. Such forward looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations, including whether FOREWARN will address critical safety and security areas for Spokane REALTORS® members and whether FOREWARN will give Spokane REALTORS® members instant access to reliable identity insights that help them better assess risk, protect themselves from fraud, and approach every interaction with greater awareness and peace of mind. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on our expectations as of the date of this press release and speak only as of the date of this press release and are advised to consider the factors listed above together with the additional factors under the heading “Forward-Looking Statements” and “Risk Factors” in red violet’s SEC Filings. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

Investor Relations Contact:

Camilo Ramirez
Red Violet, Inc.
561-757-4500
ir@redviolet.com


FAQ

What did FOREWARN (RDVT) announce on January 15, 2026 regarding Spokane REALTORS?

FOREWARN announced Spokane REALTORS will offer FOREWARN services to its 2,400+ members as a member benefit.

How can Spokane REALTORS members access FOREWARN services (RDVT)?

Members can access FOREWARN online or via the mobile app with activation instructions provided to existing members.

What identity checks does FOREWARN (RDVT) provide for Spokane REALTORS members?

FOREWARN uses phone-number-based searches across billions of data points to verify identity, search criminal histories, and validate client information.

Is there a cost for Spokane REALTORS members to use FOREWARN (RDVT)?

No — the FOREWARN subscription is offered to Spokane REALTORS members at no additional cost to individual agents.

What is the purpose of FOREWARN services for Spokane REALTORS (RDVT)?

The service is intended to help agents mitigate safety and fraud risks and better plan showings when interacting with unknown prospects.

Where can non-member real estate professionals learn more about FOREWARN (RDVT)?

All other agencies, agents, and appraisers can learn more at www.forewarn.com.
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BOCA RATON