The Real Brokerage Inc. (TSXV:REAX) acquired business assets and intellectual property from RealtyCrunch Inc. on January 11, 2021. The transaction was satisfied in cash for an aggregate purchase price of $1.1 million plus 184,275 common share purchase warrants of Real. Each Real warrant is exercisable into one common share of Real at a price of Cdn $1.36 for a period of four years from the closing date. Pritesh Damani was granted 2,130,773 stock options of Real pursuant to Real's stock option plan at a price of $1.11 for a ten year term. The options granted to Damani are subject to a four year vesting period. Separately, Real has granted an aggregate of 4,000 restricted share units (each, an "RSU") to certain senior officers. The RSUs were awarded based on the closing price of Real's common shares on January 4, 2021 and will vest in their entirety on January 5, 2024. Pritesh Damani additional RealtyCrunch employees have joined Real as part of the acquisition. Pritesh has assumed the role of chief product officer with Real's wholly-owned subsidiary, Real Broker LLC, to continue his journey in real estate product innovation. The Real Brokerage Inc. (TSXV:REAX) completed the acquisition of business assets and intellectual property from RealtyCrunch Inc. on January 11, 2021.