reAlpha Tech Corp.

reAlpha Tech Corp. announced that its mortgage division, reAlpha Mortgage, has enhanced its borrower engagement and lead management platform. The upgraded platform incorporates customized automation workflows and AI-assisted capabilities to centralize consumer inquiries, automate follow-up, and connect prospective homebuyers with licensed Loan Officers. Preliminary results show a 75% decrease in average time to contact and a 60% increase in appointments booked, indicating improved efficiency and engagement.

reAlpha Tech Corp.'s mortgage division, reAlpha Mortgage, has launched a new flat fee compensation model for its national loan originator (LO) recruiting efforts. This model offers LOs a straightforward compensation structure, allowing them to retain a greater share of their production, and includes eligibility for restricted stock units (RSUs) of reAlpha. Additionally, it provides uncapped recruiting income opportunities for LOs who bring other originators onto the platform. The company aims to build a modern mortgage platform combining competitive compensation with AI-powered support and an integrated homebuying ecosystem.

reAlpha Tech Corp. announced it will host a live X Spaces fireside chat on June 5, 2026, at 11:00 AM ET, as part of its "AIRE Time With Mike" series. CEO Mike Logozzo and CFO Thomas Kutzman will discuss market trends, technology, and developments in the real estate and mortgage industries, moderated by Daniel Kurnos, CFA, of The Benchmark Company. The conversation will focus on the housing market, mortgage trends, AI applications in real estate, and reAlpha's role in the evolving tech landscape.

reAlpha Tech Corp. announced it has regained compliance with The Nasdaq Stock Market LLC's minimum bid price requirement. The company received written notice from Nasdaq confirming that its common stock maintained a closing bid price of $1.00 or more for 10 consecutive business days, from April 30, 2026, through May 13, 2026. As a result, Nasdaq has closed the matter, and reAlpha's common stock will continue to trade on the Nasdaq Capital Market under the symbol "AIRE."

reAlpha Tech Corp. announced a strategic restructuring, approved by its board on May 5, 2026, to enhance efficiencies and achieve profitability. The plan involves reducing its global workforce by approximately 25%, including 21 full-time employees, and consolidating third-party vendor relationships. The company anticipates approximately $2 million in annualized savings from these actions. reAlpha expects to incur pre-tax charges ranging from $0.14 million to $0.20 million, primarily in Q2 2026, with the majority of actions completed by the end of the second quarter.

reAlpha Tech Corp. announced a strategic restructuring, including a 25% workforce reduction and vendor consolidation, expected to generate approximately $2 million in annualized savings. This initiative is driven by a return-driven spending framework and the adoption of agentic AI tooling to maximize output with leaner teams. The restructuring, which involves reshoring some operational functions, is anticipated to incur pre-tax charges of $0.14 million to $0.2 million and aims to improve operating efficiency and accelerate revenue growth in 2026.

reAlpha Tech Corp. (AIRE) announced that CEO Mike Logozzo and CFO Thomas Kutzman will present at The Market Movers Investor Summit on May 5, 2026, and the D. Boral Global Conference on May 7, 2026. Management will discuss the company's progress in building an AI-driven real estate platform, highlighting recent momentum in transaction growth volume, geographic expansion, and the integration of acquired businesses. The conferences provide an opportunity to share their strategy to transform the homebuying journey through technology and integrated services.

reAlpha Tech Corp.'s subsidiary, AiChat Pte. Ltd., has launched new AI-powered conversational commerce and AI ticketing capabilities for eCommerce brands. The platform is designed to manage the full purchase journey, from product discovery and customer interaction to transaction and post-purchase support, all within a single conversational interface. It integrates directly with Shopify to provide real-time data and includes an AI-assisted co-pilot for sales representatives. This launch aligns with a broader shift towards interaction-driven commerce, with industry research indicating significantly higher conversion rates for websites utilizing conversational AI.

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.

reAlpha Tech Corp. reported Q1 2026 financial results, with revenue decreasing 9% to $0.8 million and a net loss of $4.3 million. Despite the revenue decline, the company achieved a 119% increase in Total Transaction Volume to $131.3 million and improved gross margin to 66% from 56%. Cash and cash equivalents also increased by 288% to $4.7 million. The company also appointed Thomas Kutzman as Chief Financial Officer and launched a Homebuying Hub to streamline the transaction process.