reAlpha Tech Corp. Expands Naamche Acquisition Deal Terms

reAlpha Tech Corp. (AIRE) has released an update to notify the public and investors about an entry into a material definitive agreement.

reAlpha Tech Corp. has amended its agreement to acquire Naamche, Inc. Pvt. Ltd., adding a new clause to purchase additional shares post-closing. The deal includes issuing 225,000 restricted shares and paying $450,000 based on future revenue targets, along with a $50,000 cash payment for the initial acquisition. The completion of these acquisitions is contingent upon regulatory approval from Nepal and other closing conditions. These forward-looking statements outline the company’s intentions but are not guarantees of future performance.

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For a comprehensive understanding of the announcement, you can read the full document here.