Real, RE/MAX Holdings receive final order as merger closing set for August 24

The Supreme Court of British Columbia granted the final order for The Real Brokerage Inc.'s (NASDAQ: REAX) proposed acquisition of RE/MAX Holdings, Inc. (NYSE: RMAX), after securityholders and stockholders approved the transaction at separate special meetings on August 14, 2026. Subject to satisfaction or waiver of remaining conditions, the transaction is expected to close on August 24, 2026. Preliminary elections covering 18,488,134 RE/MAX Class A shares exceeded the $80 million maximum aggregate cash consideration, so each cash-electing share is expected to receive approximately $4.33 in cash and 0.3535 post-consolidation Real REMAX shares, while stock elections and shares without valid elections will receive 0.5150 shares. Real's planned 10-for-1 Share Consolidation is expected to take effect at 4:01 p.m. New York City time on August 24, with Real REMAX Group Inc. shares expected to begin trading on Nasdaq under REAX on August 25, subject to closing.

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