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On January 8, 2021, The Real Brokerage Inc. (TSXV: REAX) (OTCQX:
REAXF)( Real ) completed the acquisition of the business
assets and intellectual property of RealtyCrunch Inc.
RealtyCrunch is a collaboration web and mobile app for home
buyers and real estate agents. Launched in September 2020, it has
already attracted over 2,000 real estate agents in the US who use
it to streamline communication and document signing with their
clients.
The transaction was satisfied in cash for an aggregate purchase
price of US$1.1 million plus 184,275 common share purchase warrants