Business
The Real Brokerage Inc. Announces Filing of Final Base Shelf Prospectus
TORONTO & NEW YORK--(BUSINESS WIRE)-- The Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX) (TSX: REAX), an international, technology-powered real
About this update from The Real Brokerage, Inc.
[{"type":"text","content":" TORONTO & NEW YORK--(BUSINESS WIRE)--\nThe Real Brokerage Inc. (“Real” or the “Company”) (NASDAQ: REAX) (TSX: REAX), an international, technology-powered real estate brokerage, is pleased to announce that it has obtained a receipt for a final short form base shelf prospectus (the “Shelf Prospectus”) from the securities regulatory authorities in each of the provinces and territories of Canada. A corresponding registration statement on Form F-10 (the “Registration Statement”) has been filed with the United States Securities and Exchange Commission (the “SEC”) under the Canada/U.S. Multijurisdictional Disclosure System (“MJDS”).\n\nThe Shelf Prospectus and Registration Statement (when effective) qualify the distribution from treasury and secondary distribution of up to US$200 million of common shares, warrants, units, debt securities and subscription receipts (collectively, “Securities”) or any combination thereof, during the 25-month period that the Shelf Prospectus remains effective (subject to MJDS eligibility). The specific terms of any future offering of Securities will be set forth in a prospectus supplement to the Shelf Prospectus, which will be filed with the applicable Canadian securities regulatory authorities and the SEC in connection with any such offering.\n\nThis news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.\n\nThe Registration Statement has been filed with the SEC, but is not yet effective. Securities may not be offered or sold in the United States nor may offers to buy be accepted prior to the time the Registration Statement becomes effective and a prospectus supplement is filed with the SEC. A copy of the Shelf Prospectus can be found on the Company’s SEDAR profile at www.sedar.com, and a copy of the Registration Statement can be found on EDGAR at www.sec.gov.\n\nForward-looking Information:\n\nThis press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, ...