Real Brokerage and RE/MAX schedule August 14 vote on $880M merger, proxy materials mailed
REAX sits 40% above its 52-week low of $1.55.
Summary
Real Brokerage and RE/MAX Holdings have mailed the joint proxy statement for their $880 million merger, scheduling shareholder votes for August 14, 2026. The filing details the merger terms, including a 10-for-1 share consolidation and a cash/stock election for RE/MAX stockholders.
Key Events · M&A and Partnerships · REAX
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Proxy Mailed, Vote Set for Aug 14
The joint proxy statement/prospectus was mailed on July 9, 2026, for special meetings of Real and RE/MAX stockholders on August 14, 2026, to vote on the merger.
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Merger Terms Reaffirmed
Real shareholders will undergo a 10-for-1 consolidation and receive one New Wildlife share per pre-consolidation share. RE/MAX stockholders can elect $13.80 cash or 0.515 New Wildlife shares per RE/MAX share, subject to proration, with total cash between $60M and $80M.
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Ownership Split: 60/40
Post-closing, former Real shareholders will own approximately 60% of the combined company, and former RE/MAX stockholders approximately 40%, assuming maximum cash election.
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Court Hearing for Final Order
A hearing for the final court order approving the arrangement is scheduled for August 21, 2026, in Vancouver.
Analysis · REAX · Real Estate & Construction
With the mailing of the joint proxy statement/prospectus, the $880 million acquisition of RE/MAX Holdings reaches a critical procedural milestone, setting shareholder votes for August 14, 2026. The filing lays out the full merger terms—including the 10-for-1 share consolidation, the mechanics of the stock and cash election, and the expected 60/40 ownership split—along with record dates, the court hearing for final approval, and an amendment to the merger agreement. Although the deal was announced in April, these formal solicitation materials and meeting logistics are essential for investors to cast informed votes. The transaction still requires regulatory and shareholder approvals, but the proxy mailing marks a key step toward closing in the second half of 2026.
At the time of this filing, REAX was trading at $2.17 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $459.3M. The 52-week trading range was $1.55 to $5.41. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.