RE/MAX Holdings, Inc. operates as a franchisor of real estate brokerage services in the United States, Canada, and internationally. The company operates through three segments: Real Estate, Mortgage, and Marketing Funds. The Real Estate segment comprises real estate brokerage franchising services under the RE/MAX brand name, along with corporate-wide shared services. The Mortgage segment includes brokerage franchising services to real estate brokers, real estate professionals, mortgage professionals, and other investors under the Motto Mortgage brand name; and mortgage loan processing software and services under the wemlo brand name. The Marketing Funds segment manages marketing campaigns and agent marketing technology. The company also provides the BoldTrail platform, which integrates a suite of digital products that enables agents, brokers, and teams to establish, manage, and grow client relationships; and the RE/MAX University platform, a learning hub designed to help each agent with their professional expertise. The company was founded in 1973 and is headquartered in Denver, Colorado.
Real and RE/MAX Holdings Announce Preliminary Results for Election of Form of Merger Consideration by REMAX Stockholders and Expected Timing of Real Share Consolidation
Real and RE/MAX Holdings announced preliminary election results for their pending merger, revealing that cash elections exceeded the $80 million cap, triggering proration. Holders who elected cash will receive approximately $4.33 and 0.3535 shares of Real REMAX Common Stock per share, while stock electors will receive 0.5150 shares.
To facilitate the transaction, Real will execute a 10-for-1 share consolidation on August 24, 2026, adjusting the exchange ratio accordingly. The merger is expected to close the same day, pending final court approval.
Following the consolidation, shares of Real REMAX Group Inc. are expected to begin trading on the Nasdaq under the symbol REAX with a new CUSIP when markets open on August 25.