RELIANCE GLOBAL GROUP INC (EZRA)
NASDAQFinancialsInsurance - BrokersSnapshot 2026-11-05
NASDAQFinancialsInsurance - BrokersSnapshot 2026-11-05
QuarterlyIQ Insights · EZRA
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
CEO — Ezra Beyman: The filing discloses a change in the form of payment (cash vs. stock) for previously approved equity awards, which is a compensation arrangement matter rather than a change in management personnel.
of the Original Report is incorporated by reference into this
of its Current Report on Form 8-K filed with the Securities and Exchange Commission on September 30, 2026 (the “Original Report”) to correct the date on which the closing of the Transaction was completed. No other change is made to the Original Report, and this Amendment does not otherwise modify or update the disclosures in, or the exhibits to, the Original Report. Capitalized terms used but not defined in this Amendment have the meanings given to them in the Original Report.
Termination of a Material Definitive Agreement. On September 24, 2026, in connection with the Closing, the secured commercial credit facilities extended by Oak Street Funding LLC (“Oak Street”) to Reli Exchange, LLC, a wholly owned subsidiary of the Company, under the Master Credit Agreement dated as of April 26, 2022 (the “Master Credit Agreement”), under which Altruis was a credit party, were repaid in full, in the aggregate amount of $2,176,164, from the cash proceeds of the Transaction, a…
The Closing occurred on September 23, 2026, simultaneously with the execution and delivery of the Purchase Agreement. Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the anticipated benefits of the Transaction, the payment of…
Entry into a Material Definitive Agreement. On September 23, 2026, Altruis Benefit Consultants, Inc., a Michigan corporation (“Altruis”) and a wholly owned subsidiary of Reliance Global Group, Inc. (the “Company”), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with Altruis Benefit Management, LLC, a Delaware limited liability company (the “Buyer”), pursuant to which Altruis sold to the Buyer substantially all of the assets of its employee benefits insurance agency busine…
Regulation FD Disclosure. On September 14, 2026, the Company issued a press release announcing the completion of the Transaction. A copy of the press release is furnished as Exhibit 99.1 hereto. The information in this Item 7.01, including Exhibit 99.1, is being furnished and 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…
Completion of Acquisition or Disposition of Assets. On September 11, 2026, Reliance Global Group, Inc. (the “Company”) completed the previously announced sale to Scali, LLC, an Arizona limited liability company, dba Scali Insurance Group (the “Buyer”), of 100% of the issued and outstanding membership interests of Southwestern Montana Insurance Center, LLC (“SMI”) and of SMI’s book of insurance business and other tangible and intangible business assets, pursuant to the Purchase and Contributio…
Entry into a Material Definitive Agreement. On September 4, 2026, Oak Street Funding LLC (“Oak Street”) and RELI Exchange, LLC, Altruis Benefit Consultants, Inc., Southwestern Montana Insurance Center, LLC (“SMI”) and UIS Agency, LLC f/k/a Commercial Coverage Solutions LLC, each a wholly owned subsidiary of Reliance Global Group, Inc. (the “Company”) (collectively, the “Borrowers”), entered into a Sixth Amendment to Master Credit Agreement and Credit Documents (the “Sixth Amendment”) amending…
Entry into a Material Definitive Agreement. On September 2, 2026, Reliance Global Group, Inc. (the “Company”), its wholly owned subsidiary Southwestern Montana Insurance Center, LLC, a Montana limited liability company (“SMI”), and Scali, LLC, an Arizona limited liability company, dba Scali Insurance Group (the “Buyer”), entered into a Purchase and Contribution Agreement, dated to be effective as of September 1, 2026 (the “Purchase Agreement”), pursuant to which, structured as a combination e…
Material Modifications to Rights of Security Holders. The information set forth under Items 1.01 and 5.03 of this Current Report on Form 8-K is incorporated into this
Entry into a Material Definitive Agreement. On September 2, 2026, the Board of Directors (the “Board”) of Reliance Global Group, Inc. (the “Company”) declared a dividend of one preferred share purchase right (a “Right”), payable on September 18, 2026, for each share of common stock, par value $0.086 per share, of the Company (the “Common Shares”) outstanding as of the close of business on September 18, 2026 (the “Record Date”). In connection with the distribution of the Rights, the Company en…
Other Events. As previously reported, on July 30, 2026, Reliance Global Group, Inc. (the “Company”) entered into a non-binding letter of intent (the “LOI”) with a third-party purchaser and its affiliates or owners (the “Buyer”), pursuant to which the Company would have sold substantially all of the operating assets of its Altruis Benefit Consulting (“Altruis”) subsidiary to the Buyer (the “Proposed Transaction”), as described in the Company’s Current Report on Form 8-K filed with the Securiti…
Unregistered Sales of Equity Securities. On August 4, 2026, Reliance Global Group, Inc. (the “Company”) sold an aggregate of 251,666 shares of its common stock, par value $0.086 per share, to White Lion Capital, LLC pursuant to the Common Stock Purchase Agreement dated August 26, 2025 (as amended), at prices ranging from $2.79 to $2.90 per share, for aggregate gross proceeds of approximately $716,000. The shares were issued in reliance upon the exemption from registration provided by Section…
Other Events. On July 30, 2026, the Company entered into a non-binding letter of intent (the “LOI”) pursuant to which the Company would sell substantially all of the operating assets of its Altruis Benefit Consulting (“Altruis”) subsidiary, a Michigan-based health insurance agency and benefits consulting business, to a third party purchaser or its affiliates or owners (the “Buyer”), which would also assume certain specified liabilities of Altruis, for a cash purchase price of $11,000,000 (the…
Results of Operations and Financial Condition. On July 30, 2026, Reliance Global Group, Inc. (the “ Company ”) issued a press release announcing its financial results for the quarter ended June 30, 2026 and providing a business update. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. The information in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Secti…
The filing describes amendments to the vesting schedule for restricted stock awards, not a management change.
Chief Operating Officer — Judah Korman: The company appointed Judah Korman as Chief Operating Officer and promoted Mordy Beyman to Vice President.
below. LGG Operating Agreement On April 29, 2026, the Company entered into the limited liability company operating agreement of LGG (the “LGG Operating Agreement”), pursuant to which the Company became the holder of approximately 51% of the membership interests in LGG. The remaining approximately 49% of the membership interests in LGG are held by LifeSci Management Group LLC, a Delaware limited liability company (“Management Group”), which is owned by Ezra Beyman (the Company’s Chairman and C…
The Promissory Note has a maximum aggregate principal amount of $2,000,000, bears interest at 7% per annum (compounded annually), and matures on the fifth anniversary of its effective date (April 29, 2031). As of the Closing Date, EIG advanced $500,000 of principal under the Promissory Note. EIG may make additional advances from time to time at its discretion, up to the maximum principal amount, with each advance recorded on records maintained by EIG.
Entry into a Material Definitive Agreement. On April 30, 2026 (the “Closing Date”), Reliance Global Group, Inc. (the “Company”) and certain of its affiliates entered into a series of definitive agreements (collectively, the “Transaction Documents”) in connection with the formation of LifeSci Global Group LLC, a Delaware limited liability company (“LGG”), and the consummation by LGG of an initial investment in Innervate Radiopharmaceuticals LLC, a Delaware limited liability company (“Innervate…
Entry into a Material Definitive Agreement. Settlement Agreements On March 13, 2026, Reliance Global Group, Inc., a Florida corporation (the “Company”), entered into a Full and Final Release and Settlement Agreement (the “Rubin Settlement Agreement”) by and among the Company, Reliance Global Holdings, LLC (“RGH”), Ezra S. Beyman, Debbie Beyman, Eli Rubin and 93529113 Quebec Inc. d/b/a Excellent Photo. The Rubin Settlement Agreement relates to a prior stock purchase transaction pursuant to whi…
Joel Markovits: The filing details a compensatory arrangement for the CFO, not a management change.
Entry into a Material Definitive Agreement. On February 5, 2026, Reliance Global Group, Inc. (the “Company”) entered into a Share Purchase Agreement (the “Share Purchase Agreement”) with Enquantum Ltd. (“Enquantum”), pursuant to which the Company has agreed to acquire, over time and subject to the satisfaction of specified milestone criteria and other conditions, an aggregate equity interest equal to 51% of Enquantum on a fully diluted basis (the “Target Ownership”). The transactions contempl…
Unregistered Sales of Equity Securities In connection with the Share Purchase Agreement described under
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