RE/MAX Holdings, Inc. and The Real Brokerage Inc. jointly filed a Rule 425 notice on August 4, 2026, reminding holders of RE/MAX Class A Common Stock of an August 18, 2026 deadline to elect the form of merger consideration they wish to receive in the pending acquisition of RE/MAX by Real.

Key Highlights

  • Election Deadline: The deadline for RE/MAX stockholders of record is 5:00 p.m. New York City time on August 18, 2026.
  • Default Consideration: Stockholders who do not submit a completed election form by the deadline will be deemed to have elected to receive 5.15 shares of Real REMAX Group Inc. stock per share (to be adjusted to 0.515 to reflect a planned stock consolidation).
  • Combined Entity Name: The pending transaction is described as creating a technology-enabled global real estate platform to be named Real REMAX Group Inc.
  • Exchange Agent: Elections must be delivered to Computershare Trust Company, N.A. by the Election Deadline.
  • Proration Applies: According to the filing, aggregate merger consideration is subject to proration as described in the proxy statement/prospectus included in the Registration Statement.
  • Closing Conditions: The transaction remains subject to customary closing conditions, including approval by each company's shareholders.

RE/MAX Stockholders Face Key Deadline in Real Brokerage Acquisition Process

According to the filing, RE/MAX Holdings, Inc. (NYSE: RMAX) and The Real Brokerage Inc. (NASDAQ: REAX) issued a joint announcement reminding holders of RE/MAX Class A Common Stock of the steps required to elect their preferred form of merger consideration. The notice states that stockholders of record must deliver a properly completed and executed election form, along with all required documents and materials, to Computershare Trust Company, N.A. by 5:00 p.m. New York City time on August 18, 2026. The filing notes that the Election Deadline may be extended, in which case both companies would issue a press release announcing any new deadline.

The filing indicates that stockholders who hold shares through a bank, broker, or other nominee should receive or request their election form through that intermediary and may be subject to an earlier internal deadline set by that bank, broker, or nominee. Stockholders who do not submit a valid election form by the applicable deadline will, per the filing, be deemed to have elected to receive 5.15 shares of Real REMAX Group Inc. stock for each share of RE/MAX Class A Common Stock held, with that exchange ratio to be adjusted to 0.515 prior to closing to reflect the stock consolidation of Real as contemplated by the Merger Agreement.

The filing also clarifies that the Election Deadline is separate from the deadline for RE/MAX stockholders to vote on proposals at the company's upcoming special meeting of stockholders. The document contains forward-looking statements that the companies describe as subject to risks and uncertainties, including the ability to obtain required regulatory and shareholder approvals, potential disruption to ongoing business operations, and other factors detailed in filings with the SEC and Canadian securities regulators. Those statements are the companies' own and are subject to the cautionary language included in the filing.

What Was Disclosed

The filing is a joint Rule 425 notice from RE/MAX Holdings, Inc. and The Real Brokerage Inc. setting out the August 18, 2026 election deadline for RE/MAX stockholders to choose their form of merger consideration in the pending acquisition, along with the default exchange ratio and procedural requirements for submitting elections.