On May 16, 2025, Insight Partners, through various funds it manages, sold 3,733,395 common shares of The Real Brokerage Inc. (NASDAQ: REAX) in an off-market block trade transaction. The shares were sold at $5.61 (US$4.01) per share, totaling approximately $20,927,840.61 (US$14,970,913.95). This represents about 1.81% of the company's issued and outstanding common shares. Insight Partners has entered a 10b5-1 trading plan for the future sale of up to 7,000,000 additional shares, starting no earlier than July 18, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Real Brokerage Inc. published the original content used to generate this news brief via CNW (Ref. ID: C9716) on May 19, 2025, and is solely responsible for the information contained therein.