Reliance Global Group Announces Major Enhancement of Capital Structure Following Cashless Exercise of Warrants

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 ...