REALPHA TECH


Associated tags: AIRE, Intelligence, Construction & Property, Professional Services, Other Construction & Property, Artificial Intelligence, Commercial Building & Real Estate, Data Management, Software, AI, Sale, Other Technology, Prospectus, Form, Security (finance), Residential Building & Real Estate

Locations: OHIO, UNITED STATES, NORTH AMERICA, PARK AVENUE, NEW YORK, LOI

reAlpha Announces Commercial Launch of GENA, a Product for Property Listing Descriptions Powered by Generative-AI

Retrieved on: 
Wednesday, November 1, 2023

In an increasingly competitive residential real estate market, property owners, agents and managers are seeking innovative technology solutions to support their businesses and drive positive outcomes.

Key Points: 
  • In an increasingly competitive residential real estate market, property owners, agents and managers are seeking innovative technology solutions to support their businesses and drive positive outcomes.
  • As an owner of, and investor in, residential real estate, reAlpha understands the complexities involved in marketing properties efficiently and effectively, including the time it takes to develop property listing descriptions for platforms such as Airbnb.
  • To that end, reAlpha developed GENA, which leverages reAlpha’s industry knowledge and generative AI technology to enhance or create property descriptions.
  • Whether a property is included in marketplaces such as Airbnb, VRBO, Zillow, Realtor or MLS, GENA can tailor detailed descriptions for each platform, as applicable.

reAlpha Announces Effectiveness of Registration Statement for Proposed Direct Listing of Its Common Stock on Nasdaq

Retrieved on: 
Monday, October 23, 2023

reAlpha Tech Corp. (“reAlpha” or the “Company”) today announces that its registration statement on Form S-11 was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 20, 2023. reAlpha anticipates that its common stock will begin trading on The Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “AIRE” on October 23, 2023.

Key Points: 
  • reAlpha Tech Corp. (“reAlpha” or the “Company”) today announces that its registration statement on Form S-11 was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 20, 2023. reAlpha anticipates that its common stock will begin trading on The Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “AIRE” on October 23, 2023.
  • “Listing on the Nasdaq represents a significant achievement for reAlpha and will advance our mission to develop, utilize and commercialize real-estate focused artificial intelligence,” stated Giri Devanur, CEO of reAlpha.
  • The registration statement relating to reAlpha’s common stock has been filed with, and declared effective by, the SEC.
  • Maxim Group LLC acted as exclusive financial advisor to the Company in connection with the direct listing.