MergerApr 28, 2026, 06:13 AM
REAX, RE/MAX Holdings to Merge; New Wildlife to be Parent
AI Summary
The Real Brokerage Inc. and RE/MAX Holdings, Inc. have entered into an Arrangement Agreement and Plan of Merger to strategically combine their businesses. This complex transaction will establish Rome Wildlife, Inc. ("New Wildlife") as the ultimate parent entity, owning both Real Brokerage and the surviving entity of RE/MAX Holdings. Prior to the main combination, RE/MAX Holdings will acquire RIHI, Inc. (Rhino). The deal involves a 10-for-1 share consolidation for Real Brokerage shareholders and an election for RE/MAX shareholders to receive either cash or New Wildlife common stock, subject to proration.
Key Highlights
- Real Brokerage Inc. and RE/MAX Holdings, Inc. to combine under new parent entity.
- Rome Wildlife, Inc. ("New Wildlife") will serve as the ultimate parent company.
- RE/MAX Holdings will acquire RIHI, Inc. ("Rhino") immediately prior to the main transaction.
- Real Brokerage Inc. common shares will undergo a 10-for-1 consolidation.
- RE/MAX Holdings shareholders can elect to receive cash or New Wildlife common stock, subject to proration.
- New Wildlife's board of directors will include 3 members from RE/MAX and 7 from Real Brokerage.
- The transaction has been approved by the respective boards of directors of all involved parties.
- The combination is intended to qualify as a "reorganization" for U.S. federal income tax purposes.