reAlpha Tech Corp.'s SEC filings document an AI-powered real estate technology company with Nasdaq-listed common stock and an emerging growth company reporting status. Recent 8-K filings cover financial results, business highlights, non-GAAP reconciliations, investor presentation materials and operating updates tied to the company’s homebuying platform, mortgage brokerage, realty services and AiChat technology operations.
The filings also record capital-structure and governance matters, including a 1-for-25 reverse stock split, charter amendments, Nasdaq listing-rule notifications, audit committee composition, executive separation arrangements and restructuring actions. These disclosures describe material events affecting reAlpha’s reporting obligations, board oversight, equity structure and operating cost profile.
reAlpha Tech Corp., an AI-powered real estate technology company, reported second-quarter 2026 results showing higher efficiency but continuing losses. For the quarter ended June 30, 2026, revenue was $1.11 million compared with $1.25 million a year earlier, while gross margin expanded to 66%. Total transaction volume over the trailing twelve months rose 70% to $150.4 million, reflecting expansion of reAlpha Mortgage and the broader footprint following the Prevu acquisition.
Operating expenses declined approximately 23% year-over-year, contributing to a narrower quarterly net loss of $3.05 million versus $4.82 million in 2025. For the first half of 2026, net loss was $7.39 million and Adjusted EBITDA was $(6.06) million. Cash fell to $2.23 million at June 30, 2026 from $7.78 million at year-end 2025, and total stockholders’ equity declined to $5.58 million from $11.50 million. Management emphasized restructuring actions, cost controls, and an upcoming InstaMortgage acquisition as part of a strategy to build a leaner, more focused, vertically integrated real estate services platform.
reAlpha Tech Corp. reported a net loss of $7.39 million for the six months ended June 30, 2026, compared with a loss of $7.67 million a year earlier. Revenue declined to $1.95 million from $2.18 million as both technology and homebuying services remained relatively small in scale.
Cash fell to $2.23 million from $7.78 million at year-end 2025, and total assets decreased to $15.1 million from $21.7 million, driven mainly by cash use and amortization of intangibles. Stockholders’ equity dropped to $5.6 million, while a Level 3 derivative liability tied to Series A preferred stock increased to $4.76 million.
The company implemented a restructuring, cutting about 25% of its global workforce and incurring $68,244 in severance and related costs. Management disclosed that recurring losses, negative operating cash flows, limited liquidity, and reliance on external financing raise substantial doubt about its ability to continue as a going concern. A 1‑for‑25 reverse stock split restored compliance with Nasdaq’s minimum bid price rule.
reAlpha Tech Corp. CEO and director Michael J. Logozzo reported a sale of 1,639 shares of common stock on August 11, 2026, in an open-market or private transaction at a weighted average price of $1.5028 per share. According to the disclosure, the sale was executed solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units granted under the company’s 2022 Equity Incentive Plan. After this tax-related sale, Logozzo directly holds 194,160 shares of reAlpha Tech common stock.
reAlpha Tech Corp. Executive Chairman and 10% owner Giri Devanur reported selling 1,999 shares of common stock on August 11, 2026. The sale was executed solely to cover tax withholding obligations arising from the vesting and settlement of restricted stock units granted under the company’s 2022 Equity Incentive Plan.
The shares were sold at a weighted average price of $1.5377 per share, in multiple transactions between $1.5085 and $1.54. Following this sale, Devanur directly holds 1,091,645 shares of common stock and indirectly holds 108,000 shares through Giri Devanur Holdings LLC, over which he has sole voting and investment power.
reAlpha Tech Corp. issued 426,848 shares of Common Stock at a value of $1.4466 per share to certain former Prevu, Inc. stockholders to satisfy the August 1, 2026 Additional Payment under their November 2025 Merger Agreement.
The issuance, together with 5,184 Remaining Shares expected once one recipient completes required documentation, represents stock consideration valued at $624,977.49, with a $22.51 cash balance for fractional shares. The unregistered issuance relied on Section 4(a)(2) and/or Rule 506 of Regulation D, with all recipients accredited investors and subject to transfer restrictions. After issuing these shares, excluding the Remaining Shares, reAlpha had 5,861,724 Common shares outstanding.
Antony Prabhu reported acquisition or exercise transactions in this Form 4 filing.
reAlpha Tech Corp. director Antony Prabhu received a grant of 13,074 shares of common stock as quarterly compensation for board service for the quarter ended June 30, 2026, under the company’s 2022 Equity Incentive Plan. Following this award, he directly holds 14,584 shares.
The number of shares granted was determined using a 10-day volume weighted average closing price of $1.4341 for reAlpha Tech common stock on Nasdaq for the period ending July 30, 2026. No cash was paid for these shares.
reAlpha Tech Corp. reported that Chief Financial Officer Thomas J. Kutzman Jr. acquired additional equity interests. He received 47,938 restricted stock units on July 30, 2026 as executive compensation, vesting over two years, and 15,121 common shares on August 1, 2026 as the second installment of deferred merger consideration from the Prevu, Inc. acquisition, valued at approximately $21,874.04 based on Nasdaq volume-weighted average prices.
Angelis Dimitrios reported acquisition or exercise transactions in this Form 4 filing.
reAlpha Tech Corp. reported that non-executive director Dimitrios Angelis received 13,074 shares of common stock on July 30, 2026, as quarterly compensation for the quarter ended June 30, 2026, under its 2022 Equity Incentive Plan. The number of shares was based on a 10-day volume weighted average closing price of $1.4341 per share, bringing his direct holdings to 19,644 shares.
Swaminathan Balaji reported acquisition or exercise transactions in this Form 4 filing.
reAlpha Tech Corp. director Swaminathan Balaji received a grant of 13,074 shares of common stock on July 30, 2026 as quarterly compensation for his services as a non-executive director. The grant was made under the company’s 2022 Equity Incentive Plan and was valued using a $1.4341 10-day volume weighted average closing price. Following this award, Balaji directly holds 19,644 shares of reAlpha Tech common stock.
Devanur Giri reported acquisition or exercise transactions in this Form 4 filing.
reAlpha Tech Corp. reported that Executive Chairman and more-than-10% holder Giri Devanur received 43,580 restricted stock units on July 30, 2026 as compensation for services during the fiscal quarter ended June 30, 2026 under the 2022 Equity Incentive Plan. The RSUs vest 50% after 12 months then in four quarterly installments over the following year. Following the grant he holds 1,093,644 shares directly and 108,000 shares indirectly through Giri Devanur Holdings LLC.