Real and RE/MAX Holdings Securityholders Approve Proposed Combination

The Real Brokerage Inc. (NASDAQ: REAX) and RE/MAX Holdings, Inc. (NYSE: RMAX) announced that their securityholders have approved the proposed combination. The acquisition will create Real REMAX Group, a global real estate platform. Tamir Poleg, CEO of Real, expressed gratitude for the support and confidence in their vision for a connected, innovative real estate ecosystem. Erik Carlson, CEO of RE/MAX Holdings, highlighted the milestone for RE/MAX franchise owners and the network, emphasizing the opportunity to strengthen value for Broker/Owners and agents while preserving the RE/MAX brand. The transaction, which is subject to closing conditions including a court order, is expected to close in the next couple of weeks. The combined company will support over 180,000 real estate professionals globally and is projected to have approximately $2.3 billion in pro forma 2025 revenue and $157 million in Adjusted EBITDA before synergies. Real is described as a real estate experience company focused on simplifying transactions through technology and services, while RE/MAX Holdings is a leading franchisor in the real estate industry.