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.
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