Mergers & Acquisitions ·
On August 24, 2026, The Real Brokerage Inc. completed its business combination with RE/MAX Holdings, resulting in the…
REAXReal REMAX Group Inc.
On August 24, 2026, The Real Brokerage Inc. completed its business combination with RE/MAX Holdings, resulting in the formation of Real REMAX Group Inc., which will trade on Nasdaq under the symbol "REAX" starting August 25, 2026. Former Real shareholders received one share of Real REMAX Group Common Stock for each post-consolidation Real Common Share following a 10-for-1 share consolidation. Former RE/MAX Holdings stockholders elected to receive either approximately $4.33 in cash and 0.3535 shares or 0.5150 shares of Real REMAX Group Common Stock per share, with an aggregate cash consideration of approximately $80 million paid to cash electing holders. The transaction was funded in part by a new $550 million term loan and $40 million revolving credit facility entered into by Real REMAX Group. Concurrently, the Company appointed Tamir Poleg as CEO, Ravi Jani as CFO, and other executive officers, while former directors ceased their roles.