SplitApr 28, 2026, 09:26 AM
AIRE Announces 1-for-25 Reverse Stock Split Effective April 30
AI Summary
reAlpha Tech Corp. announced a 1-for-25 reverse stock split of its common stock, effective April 30, 2026. This action is intended to increase the per share trading price to regain compliance with Nasdaq's $1.00 minimum bid price requirement. The split will reduce outstanding shares from approximately 134.12 million to 5.36 million, with fractional shares rounded up.
Key Highlights
- reAlpha Tech Corp. announced a 1-for-25 reverse stock split.
- The split becomes effective at 12:01 a.m. ET on April 30, 2026.
- Common stock will trade on a split-adjusted basis on Nasdaq under "AIRE" from April 30, 2026.
- The split aims to increase per share trading price to regain Nasdaq's $1.00 minimum bid price compliance.
- Outstanding shares will reduce from approximately 134.12 million to 5.36 million.
- Fractional shares will be rounded up to the nearest whole number.
- Stockholders approved the reverse stock split on October 8, 2025.