# EDGAR Filing Document

**Accession Number:** 0001859199
**File Stem:** 0001213900-25-102178
**Filing Date:** 2025-10
**Character Count:** 33570
**Document Hash:** bdfc2615ce1f282b39497ae12c580e27
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-102178.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0001213900-25-102178

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**EFFECTIVENESS DATE**: 20251024

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** reAlpha Tech Corp.
- **CENTRAL INDEX KEY:** 0001859199
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 863425507
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-291057
- **FILM NUMBER:** 251416299

**BUSINESS ADDRESS:**
- **STREET 1:** 6515 LONGSHORE LOOP #100
- **CITY:** DUBLIN
- **STATE:** OH
- **ZIP:** 43017
- **BUSINESS PHONE:** 6146337155

**MAIL ADDRESS:**
- **STREET 1:** 6515 LONGSHORE LOOP #100
- **CITY:** DUBLIN
- **STATE:** OH
- **ZIP:** 43017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ReAlpha Asset Management Inc
- **DATE OF NAME CHANGE:** 20210427

**As filed with the Securities and Exchange Commission on October 24, 2025**

**Registration No. 333-** 

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

**reAlpha Tech Corp.**

**(Exact name of registrant as specified in its charter)**

---

| | |
|:---|:---|
| **Delaware** | **86-3425507** |
| **(State or other jurisdiction of**<br> **incorporation or organization)** | **(IRS Employer**<br> **Identification Number)** |

---

---

| | |
|:---|:---|
| **6515 Longshore Loop, Suite 100**<br> **Dublin, OH** | **43017** |
| **(Address of principal executive offices)** | **(Zip code)** |

---

**reAlpha Tech Corp. 2022 Equity Incentive Plan**

**(Full title of the plan)**

**Michael J. Logozzo**

**Chief Executive Officer**

**6515 Longshore Loop, Suite 100**

**Dublin, OH 43017**

**(Name and address of agent for service)**

**(707) 732-5742**

**(Telephone number, including area code, of agent for service)**

***Copies to:***

**Nimish Patel, Esq.**

**Blake Baron, Esq.**

**Gabriel Miranda, Esq.**

**Mitchell Silberberg & Knupp LLP**

**437 Madison Ave., 25th Floor**

**New York, New York 10022**

**Tel.: (212) 509-7239**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

This Registration Statement on Form S-8 (the "Registration Statement") is being filed by reAlpha Tech Corp. (the "Registrant"), to register 11,957,189 shares of its common stock, par value $0.001 per share ("Common Stock"), that may be issued pursuant to the Registrant's 2022 Equity Incentive Plan (as amended from time to time, the "2022 Plan") in accordance with the provision of the 2022 Plan that provides for an automatic annual increase in number of shares of Common Stock reserved for issuance thereunder. The shares of Common Stock being registered in this Registration Statement are in addition to the shares of Common Stock registered on the Registration Statement on Form S-8 filed by the Registrant with the U.S. Securities and Exchange Commission (the "Commission") on March 20, 2024 (File No. 333-278102) (the "Prior Registration Statement").

This Registration Statement relates to securities of the same class as that to which the Prior Registration Statement relates, and is submitted in accordance with General Instruction E of Form S-8 regarding registration of additional securities. Pursuant to General Instruction E of Form S-8, the contents of the Prior Registration Statement, to the extent relating to the registration of Common Stock issuable under the 2022 Plan, is incorporated herein by reference and made part of this Registration Statement, except as amended hereby. In accordance with the instructional note to Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of Form S-8 has been omitted from this Registration Statement.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3.** **Incorporation of Documents by Reference.**

The following documents previously filed with the Commission by the Registrant are incorporated by reference herein and shall be deemed to be part of this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Registrant's Annual Report on Form 10-K for year ended
December 31, 2024, filed with the Commission on [April 2, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025027581/ea0236247-10k_realpha.htm) , as amended on [May 13, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025042783/ea0241998-10ka1_realpha.htm) ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The Registrant's Quarterly Reports on Form 10-Q for the
quarterly period ended March 31, 2025, filed with the Commission on [May 16, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025044587/ea0242018-10q_realpha.htm) , and the quarterly period ended June 30, 2025, filed
with the Commission on [August 14, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000020/aire_10q.htm) , as amended on [August 15, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000033/aire_10qa.htm) ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Registrant's Current Reports on Form 8-K, filed with
the Commission on [January 29, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025007910/ea0229027-8ka1_realpha.htm) , [January 30, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025008063/ea0229195-8k_realpha.htm) , [January 31, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025008895/ea0229407-8k_realpha.htm) , [February 6, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025010706/ea0230147-8k_realpha.htm) , [February 10, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025011801/ea0230482-8k_realpha.htm) , [February 18, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025014627/ea0231308-8k_realpha.htm) , [February 21, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025016109/ea0231606-8k_realpha.htm) , [February 24, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025016325/ea0231606-8k_realpha.htm) , [February 27, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025018122/ea0232350-8k_realpha.htm) , [March 10, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025021950/ea0233672-8k_realpha.htm) , [March 17, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025024317/ea0234564-8k_realpha.htm) , [March 21, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000101376225001110/ea0235258-8k_realpha.htm) , [March 28, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000101376225004232/ea0236165-8k_realpha.htm) , [April 2, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025027592/ea0236273-8k_realpha.htm) , [April 2, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025028161/ea0237011-8k_realpha.htm) , [April 7, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025029169/ea0237313-8k_realpha.htm) , [April 11, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025030801/ea0237932-8k_realpha.htm) , [April 30, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025037712/ea0240137-8k_realpha.htm) , [May 2, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025039296/ea0240797-8k_realpha.htm) , [May 16, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025044601/ea0242197-8k_realpha.htm) , [May 20, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025045653/ea0242850-8k_realpha.htm) , [May 23, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025047408/ea0243156-8k_realpha.htm) , [June 4, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025050973/ea0244632-8k_realpha.htm) , [June 5, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025051275/ea0244745-8k_realpha.htm) , [June 10, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025053163/ea0245196-8k_realpha.htm) , [June 18, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025055419/ea0246127-8k_realpha.htm) , [July 1, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025060484/ea0247843-8k_realpha.htm) , [July 3, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025061193/ea0248127-8k_realpha.htm) , [July 8, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025061852/ea0248301-8k_realpha.htm) , [July 16, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025064447/ea0249159-8k_realpha.htm) , [July 18, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025065321/ea0249476-8k_realpha.htm) , [July 18, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025065773/ea0249603-8k_realpha.htm) , [July 22, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025066355/ea0249803-8k_realpha.htm) , [July 23, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025066810/ea0249927-8k_realpha.htm) , [July 23, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025067052/ea0250061-8k_realpha.htm) , [August 14, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000022/realpha_8k.htm) , [August 14, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000028/realpha_8k.htm) , [August 22, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000047/realpha_8k.htm) , [September 3, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000065/realpha_8k.htm) , [September 11, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000080/realpha_8k.htm) , [September 15, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000200858925000082/realpha_8k.htm) , [September 23, 2025](https://www.sec.gov/Archives/edgar/data/1859199/000200858925000089/realpha_8k.htm) , [September 29, 2025](https://www.sec.gov/Archives/edgar/data/1859199/000200858925000095/realpha_8k.htm) , [October 9, 2025](https://www.sec.gov/Archives/edgar/data/1859199/000121390025097814/ea0260808-8k_realpha.htm) , and [October 20, 2025](http://www.sec.gov/Archives/edgar/data/1859199/000121390025100136/ea0261743-8k_realpha.htm) ; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) The descriptions of the Registrant's common stock contained
in the Registrant's Registration Statement on [Form 8-A](https://www.sec.gov/Archives/edgar/data/1859199/000101376223004614/ea185171-8a12b_realphatech.htm) filed on October 18, 2023 (File No. 001-41839) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
including any amendment or report filed for the purpose of updating such description.

All documents subsequently filed by the Registrant with the Commission pursuant to Sections 13(a), 13(c), 14, or 15(d) of the Exchange Act, subsequent to the date of this Registration Statement and prior to the filing of a post-effective amendment to the Registration Statement which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed incorporated by reference into this Registration Statement and to be a part hereof from the date of the filing of such documents, except that information furnished to the Commission under Item 2.02 or Item 7.01 in Current Reports on Form 8-K and any exhibit relating to such information, shall not be deemed to be incorporated by reference in this Registration Statement.

Any statement contained herein or in a document incorporated or deemed to be incorporated by reference in this Registration Statement shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in this Registration Statement, or in any other subsequently filed document which also is or is deemed to be incorporated by reference in this Registration Statement, modifies or supersedes such earlier statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

**Item 8.** **Exhibits.**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 4.1 | [Second Amended and Restated Certificate of Incorporation (previously filed as Exhibit 3.1 of Form S-11 filed with the SEC on August 8, 2023).](https://www.sec.gov/Archives/edgar/data/1859199/000121390023030395/ea176967ex3-1_realphatech.htm) |
| 4.2 | [Second Amended and Restated Bylaws (previously filed as Exhibit 3.2 of Form S-11 filed with the SEC on August 8, 2023).](https://www.sec.gov/Archives/edgar/data/1859199/000121390023030395/ea176967ex3-2_realphatech.htm) |
| 4.3 | [reAlpha Tech Corp. 2022 Equity Incentive Plan (previously filed as Exhibit 10.14 of Form S-11 filed with the SEC on August 8, 2023).](https://www.sec.gov/Archives/edgar/data/1859199/000121390023030395/ea176967ex10-15_realphatech.htm) |
| 4.4 | [Form of 2022 Equity Incentive Plan Restricted Stock Award Agreement (previously filed as Exhibit 10.15 of Form S-11 filed with the SEC on August 8, 2023)](https://www.sec.gov/Archives/edgar/data/1859199/000121390023064206/ea182869ex10-15_realphatech.htm). |
| 4.5 | [Form of 2022 Equity Incentive Plan Restricted Stock Unit Award Agreement (previously filed as Exhibit 10.1 of Form 8-K filed with the SEC on April 30, 2025).](http://www.sec.gov/Archives/edgar/data/1859199/000121390025037712/ea024013701ex10-1_realpha.htm) |
| 4.6 | [Form of 2022 Equity Incentive Plan Stock Option Award Agreement (previously filed as Exhibit 10.16 of Form S-11 filed with the SEC on August 28, 2023).](https://www.sec.gov/Archives/edgar/data/1859199/000121390023071277/ea184270ex10-16_realpha.htm) |
| 4.7 | [Amendment No. 1 to reAlpha Tech Corp.'s 2022 Equity Incentive Plan, adopted on April 12, 2023 (previously filed as Exhibit 4.6 of Form S-8 filed with the SEC on March 20, 2024).](https://www.sec.gov/Archives/edgar/data/1859199/000121390024024375/ea020215401ex4-6_realpha.htm) |
| 4.8\* | [Amendment No. 2 to reAlpha Tech Corp.'s 2022 Equity Incentive Plan, adopted on October 8, 2025.](ea026170401ex4-8_realpha.htm) |
| 5.1\* | [Opinion of Mitchell Silberberg & Knupp LLP.](ea026170401ex5-1_realpha.htm) |
| 23.1\* | [Consent of GBQ Partners, LLC, the Company's independent registered public accounting firm.](ea026170401ex23-1_realpha.htm) |
| 23.2\* | [Consent of Mitchell Silberberg & Knupp LLP (included in Exhibit 5.1).](ea026170401ex5-1_realpha.htm) |
| 24.1\* | [Power of Attorney (included on the signature page hereto).](#r_001) |
| 107\* | [Filing Fee Table.](ea026170401ex-fee_realpha.htm) |

---

\* Filed herewith

**Item 9.** **Undertakings.**

(a) The Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being
made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after
the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the
aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing,
any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which
was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20 percent
change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective
registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan
of distribution not previously disclosed in the registration statement or any material change to such information in the registration
statement;

 

*provided*,however*, that clauses (i), (ii) and (iii) above do not apply if the information required to be included in a post-effective amendment by those clauses is contained in reports filed with or furnished to the SEC by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934, as amended, that are incorporated by reference in this registration statement, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is a part of this registration statement;

&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b) That, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the undersigned pursuant to the foregoing provisions, or otherwise, the undersigned has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the undersigned of expenses incurred or paid by a director, officer or controlling person of the undersigned in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the undersigned will, unless in the opinion of our counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Dublin, Ohio on October 24, 2025.

---

| | |
|:---|:---|
| **REALPHA TECH CORP.** | **REALPHA TECH CORP.** |
| By: | /s/ Michael J. Logozzo |
|  | Michael J. Logozzo<br> Chief Executive Officer |

---

**POWER OF ATTORNEY**

KNOW ALL BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints Michael J. Logozzo or Piyush Phadke and each of them, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments to this Registration Statement (including post-effective amendments to the Registration Statement), and to file the same, with all exhibits thereto, and any other documents in connection therewith, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| Signature | Title | Date |
| /s/ Michael J. Logozzo | Chief Executive Officer | October 24, 2025 |
| Michael J. Logozzo | (Principal Executive Officer) |  |
| /s/ Piyush Phadke | Chief Financial Officer | October 24, 2025 |
| Piyush Phadke | (Principal Financial Officer) |  |
| /s/ Giri Devanur | Executive Chairman of the Board of Directors | October 24, 2025 |
| Giri Devanur |  |  |
| /s/ Dimitrios Angelis | Director | October 24, 2025 |
| Dimitrios Angelis |  |  |
| /s/ Brian Cole | Director | October 24, 2025 |
| Brian Cole |  |  |
| /s/ Monaz Karkaria | Director | October 24, 2025 |
| Monaz Karkaria |  |  |
| /s/ Balaji Swaminathan | Director | October 24, 2025 |
| Balaji Swaminathan |  |  |

---

## Exhibit 4.8

**Exhibit 4.8**

**Amendment No. 2**

**to the**

**reAlpha Tech Corp. 2022 Equity Incentive Plan**

This Amendment No. 2 (this "<u>Amendment</u>") to the reAlpha Tech Corp. 2022 Equity Incentive Plan (as amended, the "<u>Plan</u>") is dated as of October 8, 2025 (the "<u>Effective Date</u>"). Any capitalized terms that are used but not defined in this Amendment shall have the meanings given to such terms in the Plan.

**WHEREAS**, the Board of Directors (the "<u>Board</u>") of reAlpha Tech Corp., a Delaware corporation (the "<u>Company</u>"), has adopted, and stockholders of the Company have approved, the Plan;

**WHEREAS**, pursuant to Article IV, Section 9 of the Plan, the Board has the authority to amend the Plan, subject to stockholder approval if required by applicable law; and

**WHEREAS**, as of the Effective Date, subject to approval by the Company's stockholders at the Company's 2025 annual meeting (the "<u>Annual Meeting</u>") and upon the recommendation of the Compensation Committee of the Board, the Board has determined that it is in the best interest of the Company and its stockholders to approve this Amendment to the Plan.

**NOW, THEREFORE,** as of the Effective Date, subject to approval by the Company's stockholders at the Annual Meeting, the Plan shall be amended as follows:

Article I, Section 5.A. of the Plan shall be deleted in its entirety and the following substituted in lieu thereof:

"A. <u>Aggregate Limits</u>. The maximum number of Shares that may be issued under this Plan pursuant to Awards, including Incentive Stock Options, shall not exceed 4,000,000 Shares, subject to adjustment from time to time in accordance with the provisions of the Plan. Such Shares may be Shares of original issuance, Shares held in treasury, or Shares that have been reacquired by the Company. Notwithstanding the foregoing, the maximum number of Shares reserved and available for grant shall automatically increase on October 15<sup>th</sup> of each year, until the 2022 Plan's expiration in June 15, 2032, in an amount equal to the lesser of: (A) ten percent (10%) of the total number of Common Stock issued and outstanding on October 14 of such year and (B) 15,000,000 Shares; provided, however, that the Board may act prior to October 15<sup>th</sup> of such year to provide that the increase for such year shall be a lesser number of shares of Common Stock or that there shall be no increase for such year. For clarity, the shares available for grant in this Section 5.A is a limitation on the number of Shares that may be issued pursuant to the Plan. Accordingly, this Section 5.A does not limit the granting of Awards outside of the Plan. Shares may be issued in connection with a merger or acquisition as permitted by, as applicable, Nasdaq Listing Rule 5635(c) or, if applicable, NYSE Listed Company Manual Section 303A.08, NYSE-American Company Guide Section 711 or other applicable rule, and any such issuance shall not reduce the number of shares of Common Stock available for issuance under the Plan."

*[Signature page follows]*

**IN WITNESS WHEREOF**, the Company has caused this Amendment to be duly executed as of the date first written above.

---

| | |
|:---|:---|
| **reAlpha Tech Corp.** | **reAlpha Tech Corp.** |
| <u>/s/ Michael J. Logozzo</u> | <u>/s/ Michael J. Logozzo</u> |
| Name: | Michael J. Logozzo |
| Title: | Chief Executive Officer |

---

## Exhibit 5.1

**Exhibit 5.1**

---

| |
|:---|
| ![](ex5-1_001.jpg) |
| Mitchell Silberberg & Knupp llp<br> A Law Partnership Including Professional Corporations |

---

October 24, 2025

reAlpha Tech Corp.

6515 Longshore Loop, Suite 100

Dublin, OH 43017

**Re: <u>Registration Statement on Form S-8</u>**

Ladies and Gentlemen:

We have acted as counsel to reAlpha Tech Corp., a Delaware corporation (the "<u>Company</u>"), in connection with the filing of the Company's Registration Statement on Form S-8 (the "<u>Registration Statement</u>") with the U.S. Securities and Exchange Commission (the "<u>Commission</u>") for the purpose of registering under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"), 11,957,189 shares of the Company's common stock, par value $0.001 per share (the "<u>Shares</u>"), issuable pursuant to the reAlpha Tech Corp. 2022 Equity Incentive Plan (as amended from time to time, the "<u>2022 Plan</u>").

For purposes of rendering this opinion, we have examined the 2022 Plan, the Registration Statement, the Certificate of Incorporation and the Bylaws of the Company, each as amended and restated, the proceedings and other actions of the Company that provide for the issuance of the Shares, and such other documents and matters as we have deemed necessary for purposes of rendering this opinion. We have assumed the authenticity of all documents submitted to us as originals, the conformity to originals of all documents submitted to us as certified or photostatic copies and the authenticity of the originals of all documents submitted to us as copies. We have also assumed the legal capacity of all natural persons who have executed documents examined by us, the genuineness of all signatures on all documents examined by us, the authority of such persons signing on behalf of the parties thereto other than the Company and the due authorization, execution and delivery of all documents by the parties thereto other than the Company. In rendering the opinion set forth below, we have assumed that certificates evidencing the will be signed by the authorized officers of the Company and registered by the transfer agent and registrar and will conform to the specimen certificate for the shares of the Company. In addition, we have assumed that the resolutions of the Company's Board of Directors or its applicable committee authorizing the Company to issue and deliver the Shares will be in full force and effect at all times at which such Shares are issued and delivered by the Company, and that the Company will take no action inconsistent with such resolutions.

Based upon and subject to the foregoing, it is our opinion that the Shares have been duly authorized and, when and to the extent issued pursuant to the 2022 Plan upon receipt by the Company of the consideration for the Shares specified therein, will be validly issued, fully paid and nonassessable.

This opinion is being furnished in connection with the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or related prospectus, other than as expressly stated herein with respect to the issuance of the Shares. This opinion is opining upon and is limited to the current federal laws of the United States and the General Corporation Law of the State of Delaware. We express no opinion with respect to the effect or applicability of the laws of any other jurisdiction. We assume no obligation to revise or supplement this opinion letter should the laws of such jurisdiction be changed after the date hereof by legislative action, judicial decision, or otherwise.

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving our consent, we do not hereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations promulgated by the Commission thereunder.

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| Sincerely, |
| /s/ Mitchell Silberberg & Knupp LLP |
| MITCHELL SILBERBERG & KNUPP LLP |

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## Exhibit 23.1

**Exhibit 23.1**

**<u>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</u>**

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated April 2, 2025, except for Note 10 and 11, as to which the date is May 13, 2025, relating to the consolidated financial statements of reAlpha Tech Corp. and Subsidiaries (the Company) appearing in the Company's Annual Report on Form 10-K/A for the year ended December 31, 2024. Our report contains an explanatory paragraph regarding the Company's ability to continue as a going concern.

/s/ GBQ Partners LLC

Columbus, Ohio

October 24, 2025

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**reAlpha Tech Corp.**

**Table 1: Newly Registered and Carry Forward Securities**

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|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Line Item Type** | **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* |
| Fees to be Paid | Equity | Common stock, par value $0.001 per share | (1) | Other | 11957189 | $0.4329 | $5176267.11 | 0.0001381 | $714.84 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $5176267.11 |  | 714.84 |
| Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: |  |  |  |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $714.84 |

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**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover an indeterminate number of additional shares of the Registrant's common stock, par value $0.001 per share, that become issuable in respect of the securities identified in the above table by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the Registrant's receipt of consideration that results in an increase in the number of the outstanding shares of the Registrant's common stock. Estimated in accordance with Rules 457(c) and (h) of the Securities Act solely for the purpose of calculating the registration fee. The price of $0.4329 per share represents the average high and low sales prices of the common stock as quoted on the Nasdaq Capital Market on October 17, 2025. Represents additional shares of the Registrant's common stock reserved for issuance under the 2022 Equity Incentive Plan (as amended from time to time, the "2022 Plan") pursuant to the provisions of the 2022 Plan that provide for an automatic annual increase in the number of shares reserved for issuance under the 2022 Plan.