Key facts
- The Real Brokerage and REMAX will hold shareholder votes on August 14 to approve a merger.
- The Department of Justice granted early termination of the Hart-Scott-Rodino Act waiting period for the proposed merger.
- REMAX Class A stockholders have the option to receive $13.80 per share in cash or stock in the new holding company.
- A cash pool of $60 million to $80 million is set aside for REMAX stockholders.
- The combined entity is expected to be named Real REMAX Group and trade on the Nasdaq under the symbol REAX.
The Real Brokerage and REMAX are preparing for shareholder votes on August 14 to finalize their proposed merger, which will create Real REMAX Group. The companies announced that the Department of Justice has granted early termination of the Hart-Scott-Rodino Act waiting period, clearing a significant antitrust review hurdle. This allows the companies to proceed toward closing the deal, which is anticipated in the second half of 2026, pending other customary conditions and shareholder approvals.
Under the terms of the merger, Real Brokerage shareholders will vote on the deal's arrangement, including a 10-for-1 share consolidation. REMAX Class A stockholders will have the choice between receiving $13.80 per share in cash or stock in the new holding company. A dedicated cash pool ranging from $60 million to $80 million has been allocated for REMAX stockholders. The combined entity is expected to be listed on the Nasdaq under the symbol REAX.