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Recent Updates — RMAX

August 24, 2026View Source ↗

RE/MAX Holdings, Inc. completed a two-step merger with The Real Brokerage Inc., resulting in the company's delisting from the New York Stock Exchange and its transformation into a wholly owned subsidiary of Real REMAX Group. On August 24, 2026, outstanding shares were converted into approximately $4.33 per share in cash plus 0.3535 shares of Real REMAX Group Common Stock for cash electors, or 0.5150 shares for stock electors. The aggregate cash consideration paid was approximately $80 million. All directors and officers resigned effective the merger closing date. RE/MAX Holdings operates in the real estate brokerage industry.

August 21, 2026View Source ↗

RE/MAX Holdings, Inc. announced that the Supreme Court of British Columbia granted final court approval for its proposed acquisition by The Real Brokerage Inc. Stockholders at both companies approved the transaction on August 14, 2026. Subject to closing conditions, the parties expect the combination to close on August 24, 2026. RE/MAX Holdings is a global franchisor of real estate brokerages under the REMAX brand and mortgage brokerages under the Motto brand.

August 20, 2026View Source ↗

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.

August 14, 2026View Source ↗

RE/MAX Holdings, Inc. stockholders approved the proposed acquisition by The Real Brokerage Inc. at a special meeting held on August 14, 2026. Approximately 78.8% of the voting power was represented, with Proposal 1 to issue Class A common stock and Proposal 2 to adopt the Arrangement Agreement receiving overwhelming support. The combined entity will operate as Real REMAX Group, leveraging Real’s technology platform and REMAX’s global franchise network to serve over 180,000 real estate professionals across more than 120 countries. Pro forma financials indicate approximately $2.3 billion in 2025 revenue and $157 million in Adjusted EBITDA before synergies. The transaction remains subject to closing conditions, including a final court order from the Supreme Court of British Columbia, with closing expected within weeks. RE/MAX Holdings operates as a leading global franchisor of real estate brokerages under the REMAX brand.

August 6, 2026View Source ↗

RE/MAX Holdings reported a net loss of $4.3 million for the quarter ended June 30, 2026, with total revenue declining 5.8% to $68.5 million and Adjusted EBITDA falling 12.6% to $22.9 million. The company is proceeding with its merger agreement with The Real Brokerage Inc., under which shareholders may elect to receive 5.15 shares of the combined entity or $13.80 in cash per share, subject to proration ensuring aggregate cash proceeds between $60 million and $80 million. Shareholder approval for the transaction is scheduled for August 14, 2026, with closing expected in the second half of 2026. RE/MAX Holdings operates as a global franchisor of real estate brokerages under the REMAX brand and mortgage brokerages under Motto Mortgage.

August 6, 2026View Source ↗

RE/MAX Holdings, Inc. filed a Current Report on Form 8-K to supplement the joint proxy statement/prospectus for its proposed merger with The Real Brokerage Inc. (Real). The filing discloses additional information in response to demand letters and shareholder complaints alleging that previous disclosures were misleading regarding the transaction background, financial projections, and J.P. Morgan's financial analyses. Specifically, the company provided updated valuation metrics from J.P. Morgan, including an implied equity value range for REMAX of $10.50 to $14.00 per share based on a discounted cash flow analysis using discount rates of 11.0% to 12.0%. The filing also details the composition of the Real REMAX Group Board of Directors, listing ten directors including Tamir Poleg and Erik Carlson, and outlines the structure of the Audit, Compensation, and Nominating committees. Special meetings for both companies are scheduled for August 14, 2026, to vote on the transaction. RE/MAX Holdings operates in the real estate brokerage industry.