Real Brokerage to execute 10-for-1 share consolidation on Aug. 24 ahead of RE/MAX deal
REAX•Share consolidation and exchange ratio update
- RE/MAX Holdings merger partner Real set a 10-for-1 share consolidation of its common shares for 4:01 p.m. New York time on Aug. 24.
- The exchange ratio for RE/MAX Class A stock shifts to 0.5150 Real REMAX shares per share to reflect the consolidation.
- Real REMAX shares are expected to start trading on Nasdaq under REAX with new CUSIP 776105108 at the Aug. 25 open.
