reAlpha Tech Corp. (Nasdaq: AIRE) has been granted a 180-day extension by Nasdaq to regain compliance with the minimum bid price requirement.
The extension allows reAlpha to continue trading on the Nasdaq Capital Market under the ticker symbol 'AIRE' until May 18, 2026.
To meet the compliance, the closing bid price of reAlpha's common stock must reach or exceed $1.00 per share for ten consecutive business days.
Extension Granted
Nasdaq granted reAlpha a 180-day extension to meet the minimum bid price requirement under Listing Rule 5550(a)(2).
Strategic Progress
reAlpha has focused on strengthening its financial and operational foundation, expanding its real estate and mortgage platforms, and advancing AI technology initiatives.
Commitment to Shareholders
The company's actions reflect a commitment to sustainable growth, transparency, and long-term value creation for shareholders.
- The extension provides reAlpha with the necessary flexibility to continue executing strategic and operational priorities.
- This opportunity allows reAlpha to further solidify its position in the real estate technology market and enhance shareholder value.
The 180-day extension by Nasdaq offers reAlpha the opportunity to maintain market presence and work towards compliance goals. The company's commitment to growth and innovation positions it for future success in the real estate technology sector.