Real Brokerage Files Merger Details for RE/MAX Acquisition; Shareholder Votes Set for Aug. 14
Real Brokerage Inc. filed a merger communication with the SEC on Aug. 6 detailing its pending acquisition of RE/MAX Holdings, including the board of the combined company, as shareholder votes approach on Aug. 14.
What happened
Real Brokerage Inc. (REAX), a technology-focused real estate brokerage, filed a Form 6-K with the SEC on Aug. 6 that includes a merger communication (Form 425) related to its pending acquisition of RE/MAX Holdings, Inc. The filing provides information about the transaction, including the expected board of directors of the combined company, to be named Real REMAX Group Inc.
Shares of Real Brokerage rose 15.03% to $1.99 on Aug. 6, with volume of 8.6 million shares, more than double the average daily volume of 4.0 million.
The proposed merger
Real Brokerage announced in April 2026 that it had entered into an Arrangement Agreement to acquire RE/MAX Holdings, a well-known real estate franchisor. Under the deal, Real formed a new Delaware holding company, Rome Wildlife, Inc., which will be renamed Real REMAX Group Inc. and is expected to trade on the Nasdaq Global Select Market under the symbol "REAX" after the transaction closes.
The closing is expected in the second half of 2026 and is subject to approval by Real's securityholders and RE/MAX's shareholders, as well as other conditions. Both companies have scheduled special meetings for Aug. 14, 2026, to vote on the transaction. A joint proxy statement/prospectus was declared effective by the SEC on July 9, 2026.
The Aug. 6 filing is a Form 6-K, which is a report of material information filed by foreign private issuers like Real Brokerage (incorporated in British Columbia). The Form 425 is the standard SEC form used for written communications related to business combinations. The filing includes biographies and committee assignments for the 10 directors expected to serve on the Real REMAX Group board, including executives from both companies.
Board of the combined company
The filing names the directors expected after closing. They include Tamir Poleg (Real's co-founder and CEO), Erik Carlson (RE/MAX's CEO), and eight others drawn from both companies' boards, such as Vikki Bartholomae, Guy Gamzu, Norman Jenkins, Larry Klane, Ken Pozek, Cathleen Raffaeli, Laurence Rose, and Susanne Greenfield Sandler.
The board will have three standing committees: Audit (chaired by Larry Klane), Compensation, and Nominating and Corporate Governance. All committee members are expected to meet Nasdaq independence standards. Sharran Srivatsaa, formerly Real's president, will serve as a non-voting Director Emeritus.
What this means
This filing is part of the standard disclosure process for a merger of two public companies. Form 6-K lets a foreign private issuer provide the SEC with information that it has already made public in its home country or filed with a foreign stock exchange. The Form 425 is required for written communications related to a business combination, to ensure shareholders receive consistent information.
The Aug. 6 communication updates shareholders on the board composition and governance structure of the combined entity. It also reminds shareholders of the upcoming special meetings on Aug. 14. The document does not explain why the stock rose, but the release of detailed merger information often draws investor attention.
Normally, after the shareholder vote, the deal will proceed to regulatory and other closing conditions. If approved, the combined company will operate a large network of real estate agents under both the Real and RE/MAX brands, with a single publicly traded stock under the symbol REAX.
Sources
- Daily price and volume history
- 425 filed 2026-08-06
Information summarized by AI from the sources listed above. May contain errors — informational only, not investment advice.