reAlpha Tech Corp. Announces Full Repayment of Streeterville Secured Promissory Note

Reuters

07/24

<a href="https://laohu8.com/S/AIRE">reAlpha Tech Corp.</a> Announces Full Repayment of Streeterville Secured Promissory Note

DUBLIN, Ohio, July 23, 2025-ReAlpha Tech Corp. (Nasdaq: AIRE), an AI-powered real estate technology company, has announced the full repayment of its secured promissory note with Streeterville Capital, LLC. Originally issued on August 14, 2024, with a principal balance of $5.45 million and an 8% annual interest rate, the note was scheduled to mature on February 14, 2026. Over the past year, reAlpha reduced the balance through partial repayments in cash and equity, culminating in the full repayment on July 23, 2025, using available cash, including proceeds from recent equity offerings. With this repayment, reAlpha eliminates its outstanding secured promissory notes and convertible debt instruments, simplifying its capital structure and enhancing financial flexibility. CEO Mike Logozzo expressed that this achievement positions reAlpha to accelerate product development and market expansion, while CFO Piyush Phadke highlighted the strengthened balance sheet and support for near-term growth initiatives.

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. ReAlpha Tech Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9499436-en) on July 23, 2025, and is solely responsible for the information contained therein.

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Announces Full Repayment of Streeterville Secured Promissory Note","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/AIRE\">reAlpha Tech Corp.</a> Announces Full Repayment of Streeterville Secured Promissory Note\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DUBLIN, Ohio, July 23, 2025-ReAlpha Tech Corp. (Nasdaq: AIRE), an AI-powered real estate technology company, has announced the full repayment of its secured promissory note with Streeterville Capital, LLC. Originally issued on August 14, 2024, with a principal balance of $5.45 million and an 8% annual interest rate, the note was scheduled to mature on February 14, 2026. 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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. ReAlpha Tech Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9499436-en) on July 23, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>reAlpha Tech Corp. 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Announces Full Repayment of Streeterville Secured Promissory Note\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-24 04:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/AIRE\">reAlpha Tech Corp.</a> Announces Full Repayment of Streeterville Secured Promissory Note\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        DUBLIN, Ohio, July 23, 2025-ReAlpha Tech Corp. (Nasdaq: AIRE), an AI-powered real estate technology company, has announced the full repayment of its secured promissory note with Streeterville Capital, LLC. Originally issued on August 14, 2024, with a principal balance of $5.45 million and an 8% annual interest rate, the note was scheduled to mature on February 14, 2026. Over the past year, reAlpha reduced the balance through partial repayments in cash and equity, culminating in the full repayment on July 23, 2025, using available cash, including proceeds from recent equity offerings. With this repayment, reAlpha eliminates its outstanding secured promissory notes and convertible debt instruments, simplifying its capital structure and enhancing financial flexibility. CEO Mike Logozzo expressed that this achievement positions reAlpha to accelerate product development and market expansion, while CFO Piyush Phadke highlighted the strengthened balance sheet and support for near-term growth initiatives.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. ReAlpha Tech Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. 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Announces Full Repayment of Streeterville Secured Promissory Note\n    \n\n        DUBLIN, Ohio, July 23, 2025-ReAlpha Tech Corp. (Nasdaq: AIRE), an AI-powered real estate technology company, has announced the full repayment of its secured promissory note with Streeterville Capital, LLC. Originally issued on August 14, 2024, with a principal balance of $5.45 million and an 8% annual interest rate, the note was scheduled to mature on February 14, 2026. Over the past year, reAlpha reduced the balance through partial repayments in cash and equity, culminating in the full repayment on July 23, 2025, using available cash, including proceeds from recent equity offerings. With this repayment, reAlpha eliminates its outstanding secured promissory notes and convertible debt instruments, simplifying its capital structure and enhancing financial flexibility. 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