The preliminary election results, tallied after the August 18 deadline, show that holders of over 18.4 million RE/MAX shares opted for the cash-out option. Because these requests surpassed the $80 million cap established in the merger agreement, the deal’s proration provisions are now active. Shareholders who requested cash can expect roughly $4.33 per share alongside a partial equity stake, while those who sought stock or failed to vote will receive shares in the new entity.

This transaction remains on track for an August 24, 2026, completion, pending final approval from the Supreme Court of British Columbia. As part of the integration, Real is executing a 10-for-1 share consolidation, which will adjust the exchange ratio to 0.5150 per share. If all closing conditions are met, the combined company is slated to begin trading on the Nasdaq under the ticker symbol REAX on August 25.