reAlpha Tech Corp (AIRE) Acquires AiChat

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Go back to reAlpha Tech Corp (AIRE) Acquires AiChat

reAlpha Tech Corp. Acquires AiChat Pte. Ltd.

July 15, 2024 6:01 AM EDT

DUBLIN, Ohio--(BUSINESS WIRE)-- reAlpha Tech Corp. (reAlpha or the Company) (Nasdaq: AIRE), a real estate technology company developing and commercializing artificial intelligence (AI) technologies, today announced that it has acquired 85% of the outstanding equity in AiChat Pte. Ltd. (AiChat).

AiChat is an award winning Singapore-based company that develops AI-powered conversational customer experience solutions that provide enterprise customers with intelligent chatbots and automation tools that improve customer interactions and operational efficiency. The Company will acquire the remaining 15% on June 30, 2025.

The total purchase price is $1.14 million, which is payable in shares of the Companys... More