Publicly traded real estate software firm reAlpha Tech Corp. added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday.

reAlpha agreed to pay Be My Neighbor an aggregate purchase price of up to $6 million. This consists of $1.5 million in cash paid on the closing date, $1.5 million in restricted shares of the company’s common stock (or 1.15 million shares of restricted common stock for $1.31 per share) and up to $3 million in potential earn-out payments payable in cash or restricted shares of common stock, details ⇒

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