DUBLIN, Ohio, May 16, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) (the "Company" or "reAlpha"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced financial results for the quarter ended March 31, 2025. Financial Highlights: Revenue increased 4,432% to $925,635 in the first quarter of 2025, compared to $20,426 in the first quarter of 2024.Cash was approximately $1.2 million as of the first quarter of 2025, compared to $3.1 million in the first quarter of 2024.Net loss was approximately $2.85 million in the first quarter of 2025, compared to a
DUBLIN, Ohio, April 28, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, is pleased to announce the appointment of Cristol Rippe as Chief Marketing Officer, effective immediately. In this role, Ms. Rippe will oversee and expand all aspects of brand, marketing, and communications of the Company, reporting directly to the Company's President and Chief Operating Officer, Mike Logozzo. Ms. Rippe brings over 20 years of experience building and scaling high-growth organizations in the fintech and real estate sectors. Most recently, she served as C
DUBLIN, Ohio, April 09, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) (the "Company" or "reAlpha"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 4,218,751 shares of common stock of the Company originally issued in November 2023, having an exercise price of $1.44 per share, at a reduced exercise price of $0.75 per share. The shares of common stock issued upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-3 (No. 333-284234). The gross pr
DUBLIN, Ohio, April 07, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) (the "Company" or "reAlpha"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 4,218,751 shares of common stock of the Company originally issued in November 2023, having an exercise price of $1.44 per share, at a reduced exercise price of $0.75 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-3 (No. 333-2842
DUBLIN, Ohio, April 02, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) (the "Company" or "reAlpha"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today provides a business update and reports financial results for the fiscal year ended December 31, 2024. "We have made great strides in 2024 in advancing reAlpha's goal to become a leader in the real estate technology industry through strategic innovation and impactful acquisitions," commented Piyush Phadke, Chief Financial Officer of reAlpha. "Our continued investment in AI-driven technologies and strategic acquisitions has translated into meaningful revenue growth, a
DUBLIN, Ohio, March 10, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) (the "Company" or "reAlpha"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced a strategic investment of $5 million from Mercurius Media Capital LP ("Mercurius"), a media fund engaged in the business of providing advertising inventory in exchange for equity in companies. This investment marks a significant milestone in reAlpha's growth strategy as it continues to advance its media and marketing outreach to expand its brand nationally. Under the terms of the investment, reAlpha will issue shares of its preferred stock to Mercurius in
DUBLIN, Ohio, March 03, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. ("reAlpha" or the "Company") (NASDAQ:AIRE), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announces that its subsidiary, AiChat Pte. Ltd. ("AiChat"), is launching its AI-powered digital agents (the "AI Agents"), further enhancing its intelligent customer engagement capabilities. Next-Generation AI Capabilities: Elevating Customer Experiences AiChat's AI Agents include Voice AI and Agentic AI, both of which are designed to facilitate and further personalize the way businesses connect with their customers. For example, the AI Agents can personalize respon
DUBLIN, Ohio, Feb. 24, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. ("reAlpha") (NASDAQ:AIRE), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the acquisition of GTG Financial, Inc. ("GTG Financial"), a mortgage brokerage company founded by Glenn Groves, a U.S. Marine and industry leader. GTG Financial is licensed to operate in seven U.S. states, including California, which will expand reAlpha's geographic footprint to a total of 28 U.S. states and strengthen its operational capacity. The acquisition of GTG Financial marks another step in reAlpha's strategy to further enhance its mortgage operations and provide a
DUBLIN, Ohio, Feb. 06, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the appointment of Vijay Rathna as the Company's Chief Crypto Officer ("CCO"), effective as of February 20, 2025. In this role, Mr. Rathna will oversee all of reAlpha's blockchain and cryptocurrency initiatives, including token strategy, blockchain integrations, and digital asset innovation, reporting directly to Giri Devanur, Chief Executive Officer of reAlpha. Mr. Rathna has significant leadership experience in information technology, AI, blockchain arc
DUBLIN, Ohio, Jan. 30, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, is pleased to announce the appointment of Piyush Phadke as Chief Financial Officer, effective January 30, 2025. Mr. Phadke will succeed Rakesh Prasad, the Company's Interim Chief Financial Officer, and he will oversee the Company's financial and accounting operations, reporting directly to the Company's President and Chief Operating Officer, Mike Logozzo. With over 20 years of experience in finance, capital raising and strategic leadership, Mr. Phadke brings a wealth of ex
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DUBLIN, Ohio, April 28, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, is pleased to announce the appointment of Cristol Rippe as Chief Marketing Officer, effective immediately. In this role, Ms. Rippe will oversee and expand all aspects of brand, marketing, and communications of the Company, reporting directly to the Company's President and Chief Operating Officer, Mike Logozzo. Ms. Rippe brings over 20 years of experience building and scaling high-growth organizations in the fintech and real estate sectors. Most recently, she served as C
DUBLIN, Ohio, Feb. 06, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the appointment of Vijay Rathna as the Company's Chief Crypto Officer ("CCO"), effective as of February 20, 2025. In this role, Mr. Rathna will oversee all of reAlpha's blockchain and cryptocurrency initiatives, including token strategy, blockchain integrations, and digital asset innovation, reporting directly to Giri Devanur, Chief Executive Officer of reAlpha. Mr. Rathna has significant leadership experience in information technology, AI, blockchain arc
DUBLIN, Ohio, Jan. 30, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, is pleased to announce the appointment of Piyush Phadke as Chief Financial Officer, effective January 30, 2025. Mr. Phadke will succeed Rakesh Prasad, the Company's Interim Chief Financial Officer, and he will oversee the Company's financial and accounting operations, reporting directly to the Company's President and Chief Operating Officer, Mike Logozzo. With over 20 years of experience in finance, capital raising and strategic leadership, Mr. Phadke brings a wealth of ex
DUBLIN, Ohio, Aug. 21, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the appointment of William Brent Miller as the Company's Chief Financial Officer ("CFO"), effective as of August 19, 2024, replacing Michael J. Logozzo from his role as Interim Chief Financial Officer. Mr. Miller will assume responsibility for all financial and accounting functions of the Company and will report directly to its President and Chief Operating Officer, Mr. Logozzo. Mr. Miller brings over 20 years of finance reporting and leadership skills. Bef
reAlpha Tech Corp. ("reAlpha" or the "Company") (NASDAQ:AIRE), a real estate technology artificial intelligence ("AI") company, today announces the completion of its previously announced acquisitions of Naamche, Inc. and Naamche, Inc. Pvt. Ltd. (collectively, "Naamche") (the "Acquisitions"), a technology firm focused on developing AI-powered solutions for large industries, including real estate. As a result of the Acquisitions, reAlpha added a talented team of 43 AI engineers, developers, UX designers and creatives to its roster, who will conceptualize, design and implement real estate-focused digital products to meet the demand of a rapidly digitizing real estate industry. Furthermore, N
DUBLIN, Ohio, May 16, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) (the "Company" or "reAlpha"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced financial results for the quarter ended March 31, 2025. Financial Highlights: Revenue increased 4,432% to $925,635 in the first quarter of 2025, compared to $20,426 in the first quarter of 2024.Cash was approximately $1.2 million as of the first quarter of 2025, compared to $3.1 million in the first quarter of 2024.Net loss was approximately $2.85 million in the first quarter of 2025, compared to a
DUBLIN, Ohio, April 02, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. (NASDAQ:AIRE) (the "Company" or "reAlpha"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today provides a business update and reports financial results for the fiscal year ended December 31, 2024. "We have made great strides in 2024 in advancing reAlpha's goal to become a leader in the real estate technology industry through strategic innovation and impactful acquisitions," commented Piyush Phadke, Chief Financial Officer of reAlpha. "Our continued investment in AI-driven technologies and strategic acquisitions has translated into meaningful revenue growth, a
DUBLIN, Ohio, Feb. 24, 2025 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. ("reAlpha") (NASDAQ:AIRE), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the acquisition of GTG Financial, Inc. ("GTG Financial"), a mortgage brokerage company founded by Glenn Groves, a U.S. Marine and industry leader. GTG Financial is licensed to operate in seven U.S. states, including California, which will expand reAlpha's geographic footprint to a total of 28 U.S. states and strengthen its operational capacity. The acquisition of GTG Financial marks another step in reAlpha's strategy to further enhance its mortgage operations and provide a
DUBLIN, Ohio, Nov. 21, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. ("reAlpha" or the "Company") (NASDAQ:AIRE), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announces the acquisition of USRealty Brokerage Solutions, LLC ("US Realty") and an investment into Unreal Estate Inc. ("Unreal"). In connection with the acquisition and investment, US Realty entered into a services agreement with a broker from Unreal Estate LLC to provide broker services and facilitate access to brokerage licenses in up to 33 U.S. states. This agreement is expected to enable reAlpha's expansion into such states, subject to the completion of all appl
Strategic acquisition strengthens reAlpha's vertically integrated real estate technology platform. DUBLIN, Ohio, Sept. 09, 2024 (GLOBE NEWSWIRE) -- reAlpha Tech Corp. ("reAlpha") (NASDAQ:AIRE), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the acquisition of Be My Neighbor, a mortgage brokerage company founded by veterans licensed to operate in 26 U.S. states. This strategic acquisition adds mortgage lending and refinancing services under the reAlpha umbrella of real estate services and enhances the capabilities of its generative AI-powered, commission-free homebuying platform. Specifically, Be My Neighbor wil
Dublin, Ohio--(Newsfile Corp. - August 14, 2024) - reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha," the "Company," "us," "we" or "our"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced financial results for the quarter ended June 30, 2024.Business HighlightsLaunched Claire, our generative AI-powered, commission-free home buying platform. Claire's introduction aligns with a major shift in the real estate sector, as the National Association of Realtors ("NAR") agreed to settle their lawsuit for $418 million after they were found to have violated antitrust laws, resulting in inflated fees paid to buy-side agents. This deve
Strategic purchase serves to vertically integrate the homebuying processDublin, Ohio--(Newsfile Corp. - July 29, 2024) - reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced the acquisition of 85% of the outstanding membership interests of Hyperfast Title, LLC ("Hyperfast" or "Hyperfast Title"), a title company licensed to operate in Florida, Virginia and Tennessee, from the owners of Madison Settlement Services, LLC, a national title agency ("Madison Settlement Services"). This strategic acquisition adds title and settlement services under the reAlpha umbrel
reAlpha Tech Corp. ("reAlpha" or the "Company") (NASDAQ:AIRE), a real estate technology company developing and commercializing artificial intelligence ("AI") technologies, today announced that it has acquired 85% of the outstanding equity in AiChat Pte. Ltd. ("AiChat"). AiChat is an award winning Singapore-based company that develops AI-powered conversational customer experience solutions that provide enterprise customers with intelligent chatbots and automation tools that improve customer interactions and operational efficiency. The Company will acquire the remaining 15% on June 30, 2025. The total purchase price is $1.14 million, which is payable in shares of the Company's common stoc
reAlpha Tech Corp. ("reAlpha," the "Company," "us," "we" or "our") (NASDAQ:AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence ("AI") technologies, today reports financial results for the first quarter ended March 31, 2024. "reAlpha made significant strides in the first quarter of 2024 with the commercial launch of our AI-powered platform, GENA," said Giri Devanur, Chief Executive Officer of reAlpha. "This launch demonstrates our commitment to leveraging innovative AI technology to drive change in the real estate industry. We remain focused on executing our strategic initiatives, commercializing our techn
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