RE/MAX Holdings to be Acquired by The Real Brokerage in Stock-and-Cash Deal, Forming Real REMAX Group
summarizeSummary
RE/MAX Holdings has entered into a definitive agreement to be acquired by The Real Brokerage Inc. in a stock-and-cash transaction, creating a new combined entity named Real REMAX Group.
check_boxKey Events
-
Definitive Merger Agreement Signed
RE/MAX Holdings, Inc. has entered into an Arrangement Agreement and Plan of Merger to be acquired by The Real Brokerage Inc., forming a new holding company, Real REMAX Group.
-
Shareholder Consideration Options
RE/MAX Holdings shareholders can elect to receive either $13.80 in cash or 0.515 shares of the new Real REMAX Group for each share of Company Class A Common Stock, subject to proration for total cash proceeds between $60 million and $80 million.
-
New Combined Entity and Ticker
The transaction will create a new public holding company, Real REMAX Group, which will trade under the ticker symbol 'REAX' on Nasdaq. Existing shares of RE/MAX Holdings and The Real Brokerage will be delisted.
-
Ownership Structure
Upon closing, The Real Brokerage Inc. shareholders are expected to own approximately 59% and RE/MAX Holdings shareholders approximately 41% of the combined company.
auto_awesomeAnalysis
This 8-K filing details the definitive Arrangement Agreement and Plan of Merger, formalizing the acquisition of RE/MAX Holdings by The Real Brokerage Inc. (Parent). The transaction, previously announced on April 27, 2026, will result in the formation of a new holding company, Real REMAX Group, under the ticker 'REAX'. RE/MAX Holdings shareholders will have the option to receive either $13.80 in cash or 0.515 shares of the new combined entity for each of their shares, subject to proration to ensure aggregate cash proceeds are between $60 million and $80 million. This structure provides shareholders with flexibility while ensuring the transaction's tax-free reorganization status. The deal is expected to significantly alter the company's strategic direction and market position, integrating RE/MAX's established brand with The Real Brokerage's platform.
At the time of this filing, RMAX was trading at $9.76 on NYSE in the Real Estate & Construction sector, with a market capitalization of approximately $325.1M. The 52-week trading range was $5.46 to $10.32. This filing was assessed with neutral market sentiment and an importance score of 10 out of 10.