Here are the S-1 registration statements from reAlpha Tech Corp. (AIRE) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An S-1 covers the registration statement a company files to sell shares publicly, so if you follow AIRE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AIRE filings page.
reAlpha Tech Corp. (AIRE) is offering on a best-efforts basis up to $3,000,000 of common stock, or up to 2,727,272 shares, at an assumed price of $1.10 per share. Purchasers whose share purchase would exceed a 4.99% beneficial ownership limit may instead receive pre-funded warrants; purchasers may elect a 9.99% limit. Each warrant is exercisable for one share at $0.0001, and common shares offered decrease one-for-one for each warrant sold. The offering also includes shares issuable upon exercise.
The offering has no minimum sale requirement or escrow arrangement and may be terminated by the company at any time; otherwise, it ends November 15, 2026. A full sale of common shares at the assumed price, with no pre-funded warrants sold, is estimated to yield $2.52 million in net proceeds for working capital and general corporate purposes. Without offering proceeds, the company expects current cash to support less than one month of projected operating requirements; under the full-sale assumption, proceeds are expected to provide approximately four months of additional liquidity. The company and its independent auditor disclosed substantial doubt about its ability to continue as a going concern, and the company says it will need substantial additional funding even if all securities are sold.