reAlpha Tech Corp.’s Lock-Up Period Set To Expire on April 22nd (NASDAQ:AIRE)

reAlpha Tech’s (NASDAQ:AIRE) lock-up period will expire on Monday, April 22nd. reAlpha Tech had issued 4,151,519 shares in its public offering on October 23rd. The total size of the offering was $95,526,452 based on an initial share price of $23.01. After the end of the company’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.

reAlpha Tech Stock Down 1.4 %

Shares of NASDAQ AIRE opened at $0.71 on Monday. reAlpha Tech has a 1-year low of $0.67 and a 1-year high of $575.41. The stock has a 50-day moving average of $1.28. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.02.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in reAlpha Tech stock. Virtu Financial LLC acquired a new stake in shares of reAlpha Tech Corp. (NASDAQ:AIRE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 24,019 shares of the company’s stock, valued at approximately $48,000. Virtu Financial LLC owned approximately 0.05% of reAlpha Tech as of its most recent SEC filing. 1.02% of the stock is owned by institutional investors and hedge funds.

reAlpha Tech Company Profile

reAlpha Tech Corp., a real estate technology company, focuses on developing, utilizing, and commercializing real-estate focused artificial intelligence (AI). The company operates in two segments, Platform Services and Rental Business. The Platform Services segment offers and develops AI-based products and services to customers in the real-estate industry.