RE/MAX Holdings and The Real Brokerage announced preliminary results of the merger consideration election by RE/MAX stockholders. Because the aggregate cash elected exceeded the $80 million cap, proration applies. Cash electing shares will receive approximately $4.33 per share and 0.3535 post-consolidation shares of Real REMAX Common Stock. Non-cash elections receive 0.5150 shares. The merger is expected to close on August 24, 2026, contingent on court approval. Concurrently, Real will consolidate its common shares on a 10-for-1 basis effective the same date. RE/MAX Holdings operates in the real estate industry as a global franchisor of residential brokerages and mortgage services.
