reAlpha Tech is trading 8% down now at $0.38, with its recently priced public offering identified as a potential overhang. - The $1.75 million offering covered 4,375,000 shares or pre-funded warrants priced at $0.40 per share. - Proceeds are intended for working capital and general corporate purposes. - Broader technology-stock weakness and investor concerns about AI and data-center regulation also provide market context.