Redfin Corporation (?Redfin? or the ?Company?) entered into an Agreement and Plan of Merger (?Merger Agreement?), dated March 9, 2025, by and among Rocket Companies Inc. (?Rocket?), Neptune Merger Sub Inc., a wholly owned subsidiary of Rocket (?Merger Sub? and, together with Rocket, ?Buyer Parties?), and the Company, providing for the merger of Merger Sub with and into the Company, with the Company continuing as the surviving corporation and as a wholly owned subsidiary of Rocket (the ?Merger?).
On July 1, 2025, the Buyer Parties completed the acquisition of the Company. Pursuant to the Merger Agreement, at the Effective Time, the members of the Board of Directors of the Company immediately prior to the Effective Time ceased to be directors of the Company, and Brian Brown and Varun Krishna were appointed as directors of the Company.
