Upon implementation of the Reverse Stock Split, every 17 shares of the Company's issued and outstanding Common Stock will automatically convert into one share of Common Stock without any change to the par value of $0.086 per share and the amount of Common Stock outstanding will be reduced from approximately 15.7 million shares to approximately 921,000 shares. Following the Reverse Stock Split, the ownership percentage of each shareholder will remain unchanged. Proportional adjustments will be made to the nu ...

Core Viewpoint - Reliance Global Group, Inc. has successfully simplified its capital structure by withdrawing its registration statement for Series G warrants and converting all warrants held by an institutional investor into shares, which is expected to enhance shareholder value and drive significant revenues through the planned acquisition of Spetner Associates [1][4]. Company Overview - Reliance Global Group, Inc. is an InsurTech pioneer utilizing artificial intelligence and cloud-based technologies to enhance efficiencies in the insurance agency and brokerage industry [5]. - The company's business-to-business platform, RELI Exchange, offers independent insurance agencies a comprehensive suite of tools to compete with larger national agencies while reducing operational costs [5]. - The business-to-consumer platform, 5minuteinsure.com, provides quick online insurance quotes for auto, home, and life insurance using AI and data mining [5]. - Reliance also operates a portfolio of retail insurance agencies across the United States, offering a diverse range of insurance products [5].

Mr. Beyman concluded, "Most notably, we are making continued progress on our planned acquisition of Spetner Associates, which is projected to double our annualized revenues to an estimated $28 million and contribute very meaningful cash flow." LAKEWOOD, N.J, June 20, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company") today announced that its final large institutional investor has redeemed all of its outstanding Series B and Series G warrants. The ...

Transformational acquisition expected to close in the second half of 2024 LAKEWOOD, N.J., June 18, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company") today provided an update on the pending acquisition of Spetner Associates. Mr. Beyman concluded, "Our ultimate goal is to build a highly profitable business that delivers substantial returns to our shareholders. We are confident that this transformational acquisition will open up significant opportun ...

Reliance Global Group, Inc. (NASDAQ:RELI) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Ted Ayvas - Investor Relations Ezra Beyman - Chairman and Chief Executive Officer Joel Markovits - Chief Financial Officer Conference Call Participants Operator Greetings. Welcome to the Reliance Global Group First Quarter Business Update Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator In ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 001-40020 RELIANCE GLOBAL GROUP, INC. (Exact name of registrant as specified in its charter) | Florida | 46-3390293 | | --- | --- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT (Exact Name of Registrant as Specified in Its Charter) | Florida | 001-40020 | 46-3390293 | | --- | --- | --- | | (State or Other Jurisdiction | (Commission | (IRS Employer | | of Incorporation) | File Number) | Identification No.) | 300 Blvd. of the Americas, Suite 105 Lakewood, New Jersey 08701 (Address of Principal Executive Offices) (Zip Code) (732) 380-4600 (Registrant's Telephone Number, Including Area Code ...

A webcast replay will be available on the investor relations section of the Company's website at https://relianceglobalgroup.com/events-and-presentations/ through May 20, 2025. A telephone replay of the call will be available approximately one hour following the call, through June 3, 2024, and can be accessed by dialing +1 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 50621. About Reliance Global Group, Inc. Reliance Global Group, Inc. (NASDAQ:RELI, RELI ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 001-40020 RELIANCE GLOBAL GROUP, INC. (Exact name of registrant as specified in its charter) | Florida | | 46-3390293 | | --- | --- | - ...

Reliance Global Group, Inc. (NASDAQ:RELI) Q3 2023 Earnings Call Transcript November 13, 2023 4:30 PM ET Company Participants Ted Ayvas - IR Ezra Beyman - Chairman and CEO Joel Markovits - CFO Conference Call Participants Mike Albanese - EF Hutton Operator Greetings. Welcome to the Reliance Global Third Quarter 2023 Financial Results and Business Update Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instr ...