Mergers & Acquisitions ·
reAlpha Tech Corp. completed its acquisition of InstaMortgage Inc. on August 19, 2026, waiving conditions for two…
AIREreAlpha Tech Corp.
reAlpha Tech Corp. completed its acquisition of InstaMortgage Inc. on August 19, 2026, waiving conditions for two pending state regulatory approvals. The aggregate merger consideration is $8,500,000, consisting of $500,000 in cash and $1,500,000 in common stock (119,903 shares valued at $12.51 per share). The remaining $6,500,000 is payable in six bi-annual installments over three years, with at least $1,500,000 paid in cash. InstaMortgage operates as a licensed mortgage company in more than 30 states.