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Why Is ReAlpha Tech (AIRE) Stock Up 51% Today?
InvestorPlace· 2024-05-07 12:00
Group 1 - ReAlpha Tech completed its acquisition of Naamche, Inc. and Naamche, Inc. Pvt. Ltd., enhancing its artificial intelligence capabilities with 43 experienced AI engineers and machine learning expertise [1] - The acquisition was financed through a combination of cash and equity, and the two companies had previously collaborated on the development of the Claire AI platform [1] - CEO Giri Devanur emphasized that this transaction is a significant step in their strategy to create and deliver AI-powered real estate solutions, integrating Naamche's team into their workforce [1] Group 2 - Following the acquisition news, AIRE stock experienced a surge, with over 4 million shares traded, significantly exceeding the average daily volume of approximately 2.8 million shares [2] - AIRE stock rose by 50.6% on Tuesday morning, recovering from a year-to-date decline of 55.9% as of the previous market close [2]
Why Is ReAlpha Tech (AIRE) Stock Up 43% Today?
InvestorPlace· 2024-04-25 12:12
ReAlpha Tech (NASDAQ:AIRE) stock continues to rally on Thursday following the launch of its first artificial intelligence (AI) real estate Smart Buyer’s Agent.Claire is the name of this new service and it comes with zero commission. The AI service from the company guides buyers through the home buying process without the need for a real estate agent.Claire is currently limited in its scope with it only being available to buyers in Palm Beach, Miami-Dade and Broward Counties in Florida. The company hopes to ...
reAlpha Tech (AIRE) - 2024 Q3 - Quarterly Results
2024-04-19 20:45
Exhibit 99.1 Financial Results Revenues were $20,426 for the three months ended March 31, 2024, compared to $111,451 for the three months ended March 31, 2023. Our revenues consist of both the short-term rental revenue that we receive from our listed properties, if any, and platform services income that we receive directly from, or services related to, our technologies. The decrease in revenues during the period was attributable to lower rental revenue due to the disposal of our rental properties during and ...
reAlpha Tech (AIRE) - 2024 Q3 - Quarterly Report
2024-04-19 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission File Number 001-41839 REALPHA TECH CORP. (Exact name of registrant as specified in its charter) (State or other j ...
Why Is ReAlpha Tech (AIRE) Stock Down 15% Today?
InvestorPlace· 2024-03-13 12:43
ReAlpha Tech (NASDAQ:AIRE) stock is falling on Wednesday after the real estate technology company released its latest earnings report.First off, investors will note that this report covers a period starting on May 1, 2023 and lasting through Dec. 31, 2023. This is due to the company undergoing a transition to move the end of its fiscal year to Dec. 31 instead of April 30.Results for the period were mixed with ReAlpha Tech bringing in a net loss of $1,251,259 on revenue of $121,690. The same period of the ye ...
reAlpha Tech Corp. Announces Financial Results for the Transition Period ended December 31, 2023 and Provides Business Update
Businesswire· 2024-03-12 20:05
DUBLIN, Ohio--(BUSINESS WIRE)--reAlpha Tech Corp. (“reAlpha,” “Company,” “us,” “we” or “our”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) technologies, today provides a business update and reports financial results for the eight month period ended December 31, 2023. In accordance with a change of its fiscal year end from April 30 to December 31, effective as of December 31, 2023, the Company is repor ...
reAlpha Tech Corp. Announces Executive Appointments
Businesswire· 2024-02-01 21:15
DUBLIN, Ohio--(BUSINESS WIRE)--reAlpha Tech Corp. (“reAlpha” or the “Company”) (Nasdaq: AIRE), a real estate technology company focused on developing, utilizing and commercializing real estate-focused artificial intelligence (“AI”) to drive efficiency, sustainability and growth, today announced the following leadership changes: Mike Logozzo has been appointed as the Company’s President and Chief Operating Officer; Jorge Aldecoa has been appointed to the new role of Chief Product Officer; and Michael Frenz h ...
reAlpha Tech (AIRE) - 2024 Q2 - Quarterly Report
2023-12-17 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to _______________ Commission File Number 001-41839 REALPHA TECH CORP. (Exact name of registrant as specified in its charter) (State or other ...