EXP WORLD HOLDINGS, INC. (OTCMKTS:EXPI) Files An 8-K Regulation FD Disclosure

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EXP WORLD HOLDINGS, INC. (OTCMKTS:EXPI) Files An 8-K Regulation FD Disclosure

EXP WORLD HOLDINGS, INC. (OTCMKTS:EXPI) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.

eXp World Holdings, Inc. (the “Company”) held its annual residential real estate broker conference (the “2018 EXPCON”) from October 22nd through 24th in New Orleans. EXPCON attendees include eXp Realty agents, brokers and staff as well as agents interested in learning more about eXp Realty. eXp Realty is a subsidiary of the Company.

At the 2018 EXPCON event, management of the Company presented overviews of the Company’s strategy and business as previously disclosed in the Company’s filings with the Securities and Exchange Commission. Management also disclosed that it has signed a letter of intent and are in discussions with VirBELA, LLC, (“VirBELA”) a technology service provider to the Company, regarding a potential acquisition of VirBELA’s core products and services and to bring its team and technology in-house under the Company. There can be no assurance that we will successfully complete the proposed acquisition of VirBELA, and even if we were to complete the acquisition, it may prove unsuccessful due to flawed expectations about VirBELA, if we fail to effectively execute a post-acquisition integration strategy, or for other reasons.

The information in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.


About EXP WORLD HOLDINGS, INC. (OTCMKTS:EXPI)

eXp World Holdings, Inc., formerly eXp Realty International Corporation, is a cloud-based real estate company. The Company’s segments include Real Estate Brokerage Services, Mortgage Origination Services, and Corporate and Other. It operates over the Internet through its Website, http://exprealty.com and a cloud-based platform to provide its residential real estate brokerage services. Through its Website, buyers can search real-time property listings, and sellers list their properties and gain exposure across the various markets it operates within. It also provides buyers and sellers access to a network of professional, consumer-centric agents and brokers. It provides agents, teams of agents and brokerage-owners with the systems, support, professional development and infrastructure. This includes delivering around the clock access to collaborative tools and training for real estate brokers and agents. The Company also operates a loan brokerage origination company.