AIRE

Warrant Exercise Announcement: reAlpha Tech Corp. has successfully closed the exercise of warrants to purchase 4,218,751 shares of common stock at a reduced price of $0.75 per share, generating approximately $3.1 million in gross proceeds for general working capital purposes.

New Warrants Issued: In exchange for the immediate cash exercise of the warrants, reAlpha issued new unregistered warrants for an additional 8,437,502 shares, also priced at $0.75 per share, which will be exercisable following stockholder approval and will expire on November 24, 2028.

Market Performance: U.S. stocks experienced a significant decline, with the Dow Jones dropping over 800 points, while European and Asian markets also closed lower amid economic concerns and tariff tensions between the U.S. and China.

Notable Stock Movements: Janover Inc. saw a remarkable 332% increase in shares after raising funds, while TAL Education Group and China Pharma Holdings faced substantial declines due to tariffs and stock splits, respectively.

U.S. Stock Market Performance: U.S. stocks rose significantly, with the Nasdaq Composite gaining over 400 points and sectors like information technology seeing a 4.7% increase, while European and Asian markets experienced declines.

Equities Movement: Notable stock movements included Janover Inc. surging 331% after raising funds, while Antelope Enterprise Holdings saw a 44% drop due to a reverse stock split; commodities like oil and silver also showed gains.

Business Developments: reAlpha Tech Corp. has made significant advancements in 2024, including launching a commission-free homebuying platform and acquiring stakes in companies to enhance its AI capabilities and expand services across multiple U.S. states.

Financial Performance: Despite a 270% increase in revenue to $948,420, the company reported a net loss of approximately $26 million due to goodwill impairment and discontinued operations, leading to a decision to halt short-term rental business activities.

Launch of AI Agents: reAlpha Tech Corp's subsidiary, AiChat, is introducing AI-powered digital agents, including Voice AI and Agentic AI, to enhance customer engagement by personalizing interactions and improving service efficiency.

Market Growth and Rebranding: The global market for autonomous AI is rapidly expanding, with AiChat positioning itself as a leader in innovative customer engagement solutions, while also unveiling a refreshed brand identity to reflect its mission.

Acquisition Announcement: reAlpha Tech Corp. has acquired GTG Financial, a mortgage brokerage, expanding its operations to 28 U.S. states and enhancing its AI-powered home financing platform.

Operational Enhancements: The acquisition aims to improve loan processing efficiency and streamline the homebuying experience, with GTG Financial retaining its brand under founder Glenn Groves while leveraging reAlpha's resources.

Acquisition Announcement: reAlpha Tech has acquired GTG Financial, expanding its operations to 28 U.S. states and enhancing its operational capacity.

Stock Performance: Following the announcement, reAlpha Tech's stock (AIRE) fell by 9.26%, trading at $1.6696.

Performance of Small-Cap Stocks: Small-cap stocks, represented by the Russell 2000 Index, gained 0.3% in Q4 2024 but lagged behind large-cap stocks, which rose by 2.7%. Despite a strong annual increase of 11.5%, small-caps have underperformed large-caps for eight consecutive years.

reAlpha Tech Corp. Overview: reAlpha Tech Corp. (NASDAQ:AIRE) is highlighted as a promising penny stock, utilizing AI to simplify home buying and achieving a remarkable 475% revenue growth year-over-year. The company ranks 10th among hot penny stocks to buy now, with expectations of continued revenue growth in the upcoming quarter.

Appointment of Chief Crypto Officer: reAlpha Tech Corp. has appointed Vijay Rathna as its Chief Crypto Officer, effective February 20, 2025, to oversee blockchain and cryptocurrency initiatives, reflecting the company's commitment to integrating these technologies into its business model.

Background and Future Plans: Mr. Rathna brings extensive experience in AI and blockchain from his previous role at Coretelligent and as an Associate Professor at Columbia University, and reAlpha plans to announce further updates on its blockchain integration by the end of Q1 2025.

New CFO Appointment: reAlpha Tech Corp. has appointed Piyush Phadke as Chief Financial Officer, effective January 30, 2025, succeeding Rakesh Prasad. Phadke brings over 20 years of finance experience and will focus on optimizing the company's capital structure.

Company Overview: reAlpha is a real estate technology firm developing an AI-driven, commission-free homebuying platform aimed at providing a more affordable and streamlined experience for homebuyers.

New CFO Appointment: reAlpha Tech Corp. has appointed Piyush Phadke as Chief Financial Officer, effective January 30, 2025, succeeding interim finance chief Rakesh Prasad.

Piyush Phadke's Background: Phadke brings over 20 years of finance experience to the role, previously serving as Managing Director at BTIG, LLC.

Precious Metals Performance: Precious metals shares increased by approximately 1.4%, with Metalla Royalty & Streaming rising by 5.6% and Perpetua Resources by 4.3% on Friday.

Market Commentary: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.

Computer Shares Performance: Computer shares have shown relative strength, increasing by approximately 3.8%, with Quantum leading the rise at about 38.9% and Western Digital up by 3.2%.

Market Overview: The article highlights the performance of various sectors, particularly focusing on real estate and computers, while noting that the views expressed are those of the author and not necessarily reflective of Nasdaq, Inc.

Real Estate Market Performance: Real estate shares are lagging behind the market, with a decline of approximately 2.1%, primarily driven by reAlpha Tech and Bridge Investment Group Holdings, which fell by 10.5% and 7.4% respectively.

Sector Laggards: The construction and real estate sectors are highlighted as underperforming in the current market environment.

Market Performance: Publishing shares are lagging behind the market, with a collective decline of about 0.4%, primarily driven by Cimpress and Lee Enterprises, which fell by approximately 2.6% and 2.2%, respectively.

Sector Laggards: The report highlights that real estate and publishing stocks are among the sectors underperforming on Thursday.

U.S. Stock Market Performance: U.S. stocks fell this morning, with the Nasdaq Composite down over 1%, while the Dow and S&P 500 also experienced declines. Energy shares rose slightly, but information technology shares dipped.

Economic Indicators: The U.S. trade deficit in goods increased to $102.86 billion in November, surpassing market estimates, while wholesale inventories declined by 0.2% month-over-month.

Market Performance: Semiconductor shares are lagging behind the market, experiencing a decline of about 2%, with QuickLogic and POET Technologies leading the drop at approximately 7.6% and 7.2%, respectively.

Sector Laggards: The report also highlights that real estate and semiconductors were among the sectors underperforming on Friday.

Zoomcar Holdings Performance: Zoomcar Holdings, Inc. saw a significant 142% increase in its shares to $3.46 during pre-market trading, attributed to a 43% year-on-year growth in bookings for November 2024, driven by heightened demand from the wedding season.

Market Movements: Several stocks experienced notable fluctuations in pre-market trading, with SciSparc Ltd. gaining 161% and Hour Loop, Inc. dropping 30.5%, reflecting a volatile market environment following previous gains.

Launch of reAlpha Enterprise: reAlpha Tech Corp. has introduced its commission-free AI homebuying platform, reAlpha Enterprise, targeting the $25 billion employee relocation market by eliminating buy-side real estate commissions and providing a comprehensive relocation ecosystem for companies and their employees.

AI Integration in Homebuying: The platform features an AI-powered assistant named Claire, which guides users through the homebuying process, offering insights and support while aiming to make homeownership more accessible and cost-effective amidst changes in the real estate sector.

Investment in Cryptocurrencies: reAlpha Tech Corp. has approved a new investment policy to allocate up to 25% of its excess cash towards purchasing Bitcoin, Ethereum, and Solana as part of its treasury reserve strategy, aiming to diversify its holdings beyond cash.

AI-Powered Homebuying Platform: The company is developing a commission-free homebuying platform powered by AI, which aims to streamline the homebuying process and eliminate traditional realtor fees, currently available in select counties in Florida with plans for expansion.