🔴 reAlpha Tech is trading 45.37% down after announcing a $1.75 million public offering

reAlpha Tech is trading at $0.36, with a -45.37% change, after announcing a $1.75 million public offering, a company-specific dilution catalyst.

• On November 3, reAlpha Tech announced 4,375,000 shares (or pre-funded warrants) priced at $0.40 per share.
• The offering is expected to close around November 4.
• Proceeds are intended for working capital and general corporate purposes.