🔴 reAlpha Tech is trading 5% down in pre-market after announcing an approximately $1.75 million offering

reAlpha Tech is trading 5.13% lower at $0.37 in pre-market after announcing a public offering priced at $0.40 per share. - The November 3 announcement covers 4,375,000 shares or pre-funded warrants and expects approximately $1.75 million in gross proceeds, before fees and expenses. - The offering is expected to close on or about November 4. The provided price context shows a November 3 close of $0.39, down 41.63%.