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GTG Returns To Independent Ownership
Following a six-month acquisition period, GTG has resumed its position as a fully independent mortgage brokerage.
INDUSTRY
GTG Financial Announces Rescission of Stock Purchase Agreement with ReAlpha Tech Corp, Effective August 21st
Santa Rosa, CA – September 11, 2025 – GTG Financial, Inc. today announced that it has exercised its right under the Stock Purchase Agreement to rescind its acquisition by ReAlpha Tech Corp. Effective August 21, 2025, GTG Financial is once again fully independent. GTG filed the rescission notice on the 181st day of the agreement, as provided for in the SPA, and ReAlpha formally filed the rescission with the U.S. Securities and Exchange Commission (SEC) on September 11, 2025.
GTG Financial was originally acquired by ReAlpha on February 20, 2025. The company’s leadership entered into that agreement with the goal of aligning with a company positioned on the leading edge of the AI revolution, with a vision to accelerate GTG’s adoption of next-generation technology for the benefit of clients, Realtor partners, and brokers.
Looking Ahead
While that alignment did not materialize as intended, GTG’s leadership believes the path forward is stronger as an independent company. “We have proven that we can execute on innovation ourselves, and that independence positions us to do it better,” said Glenn Groves, President and CEO of GTG Financial. “Our commitment is to invest in our brokers and referral partners, embracing AI on our own terms to create tools that increase efficiency and ensure five-star client service.”
GTG emphasized that there will be no disruption in service. Clients and referral partners can expect the same trusted team and the same commitment to excellence that GTG has built its reputation on since its founding.
About GTG Financial, Inc.
Founded in April 2017, GTG Financial has originated more than $1.4 billion in total loan volume, serving thousands of families and investors. The company is licensed and operating in California, Colorado, Texas, Arizona, Washington, Oregon, and Idaho.
GTG Financial’s mission is simple: to deliver The Right Mortgage for Right Now. GTG is built on relationships with clients, Realtors, and brokers, and is committed to combining innovation with personalized service. By embracing AI-driven tools on its own terms, GTG is focused on helping brokers and partners thrive while ensuring clients receive exceptional mortgage solutions.
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