StreetInsider.com News Articles

Reliance Global Group signs LOI to sell subsidiary for $11M cash

Mon, 03 Aug 2026 08:30:31 -0400

Reliance Global Group, Inc. (Nasdaq: EZRA) has signed a non-binding letter of intent to sell the assets of its Altruis Benefit Consulting subsidiary for $11 million in cash, according to a company statement.

Altruis is a Michigan-based health insurance agency and benefits consulting business. Under the proposed terms, approximately $9.35 million would be paid at closing, with $1.65 million held in an interest-bearing escrow account to be released 18 months after closing.

The company said the transaction is expected to generate approximately $7.6 million in aggregate incremental cash after fully repaying its Oak Street Funding term loan of approximately $4.4 million. That

Reliance Global Group signs LOI to sell subsidiary for $11M cash

Mon, 03 Aug 2026 08:30:31 -0400

Reliance Global Group Signs LOI to Sell Altruis Benefit Consulting for $11 Million in Cash

Mon, 03 Aug 2026 08:30:00 -0400

Transaction Expected to Generate Approximately $7.6 Million of Aggregate Incremental Cash After Retiring 100% of the Company's Term Debt

All-Cash, Non-Dilutive Transaction Would Support Continued Investment in the Company's Proprietary AI Platform and RELI Exchange InsurTech Operations

LAKEWOOD, NJ, Aug. 03, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) ("Reliance," "EZRA" or the "Company"), an InsurTech company leveraging artificial intelligence, cloud computing and advanced technologies to transform the insurance agency/brokerage industry, today announced that it has entered into a non-binding letter of intent (the "LOI") to sell the assets of its

Reliance Global Group Signs LOI to Sell Altruis Benefit Consulting for $11 Million in Cash

Mon, 03 Aug 2026 08:30:00 -0400

Transaction Expected to Generate Approximately $7.6 Million of Aggregate Incremental Cash After Retiring 100% of the Company's Term Debt

All-Cash, Non-Dilutive Transaction Would Support Continued Investment in the Company's Proprietary AI Platform and RELI Exchange InsurTech Operations

Reliance Global Group Signs LOI to Sell Altruis Benefit Consulting for $11 Million in Cash

Mon, 03 Aug 2026 08:30:00 -0400

Transaction Expected to Generate Approximately $7.6 Million of Aggregate Incremental Cash After Retiring 100% of the Company's Term Debt

All-Cash, Non-Dilutive Transaction Would Support Continued Investment in the Company's Proprietary AI Platform and RELI Exchange InsurTech Operations

Reliance Global Group Signs LOI to Sell Altruis Benefit Consulting for $11 Million in Cash

Mon, 03 Aug 2026 08:30:00 -0400

Transaction Expected to Generate Approximately $7.6 Million of Aggregate Incremental Cash After Retiring 100% of the Company's Term Debt

All-Cash, Non-Dilutive Transaction Would Support Continued Investment in the Company's Proprietary AI Platform and RELI Exchange InsurTech Operations

Form 10-Q Reliance Global Group, For: Jun 30

Thu, 30 Jul 2026 17:30:00 -0400

si-local-file:///var/storage/secattach/20260730/26844996.html

Form 10-Q Reliance Global Group, For: Jun 30

Thu, 30 Jul 2026 17:30:00 -0400

si-local-file:///var/storage/secattach/20260730/26844996.html

Reliance Global Group Reports Second Quarter 2026 Results and Accelerates AI-Driven Transformation

Thu, 30 Jul 2026 16:25:00 -0400

Proprietary AI Platform Enhances Insurance Operations and Positions Company for Long-Term Growth

Company to Host Conference Call Today at 4:30 PM Eastern Time

LAKEWOOD, N.J., July 30, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (“we,” “us,” “our,” the “Company” or “Reliance”) today reported financial results for the second quarter ended June 30, 2026, while highlighting continued progress in the development and deployment of its proprietary artificial intelligence platform designed to enhance operational efficiency, automate complex workflows, and create new long-term growth opportunities.

Reliance Global Group Reports Second Quarter 2026 Results and Accelerates AI-Driven Transformation

Thu, 30 Jul 2026 16:25:00 -0400

Proprietary AI Platform Enhances Insurance Operations and Positions Company for Long-Term Growth

Company to Host Conference Call Today at 4:30 PM Eastern Time

Reliance Global Group Reports Second Quarter 2026 Results and Accelerates AI-Driven Transformation

Thu, 30 Jul 2026 16:25:00 -0400

Proprietary AI Platform Enhances Insurance Operations and Positions Company for Long-Term Growth

Company to Host Conference Call Today at 4:30 PM Eastern Time

Reliance Global Group Reports Second Quarter 2026 Results and Accelerates AI-Driven Transformation

Thu, 30 Jul 2026 16:25:00 -0400

Proprietary AI Platform Enhances Insurance Operations and Positions Company for Long-Term Growth

Company to Host Conference Call Today at 4:30 PM Eastern Time

Form 8-K Reliance Global Group, For: Jul 27

Wed, 29 Jul 2026 06:05:00 -0400

si-local-file:///var/storage/secattach/20260729/26829688.html

Form 8-K Reliance Global Group, For: Jul 27

Wed, 29 Jul 2026 06:05:00 -0400

si-local-file:///var/storage/secattach/20260729/26829688.html

Reliance Global Group Schedules Second Quarter 2026 Financial Results and Business Update Conference Call

Tue, 28 Jul 2026 08:30:00 -0400

Lakewood, NJ, July 28, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: EZRA) (“Reliance” or the “Company”), announced today that it will host a conference call Thursday, July 30, 2026, at 4:30 PM Eastern Time to discuss financial results for the second quarter 2026 and provide a business update.

The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 497505. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/54350 or on the investor

Reliance Global Group Schedules Second Quarter 2026 Financial Results and Business Update Conference Call

Tue, 28 Jul 2026 08:30:00 -0400

Reliance Global Group Schedules Second Quarter 2026 Financial Results and Business Update Conference Call

Tue, 28 Jul 2026 08:30:00 -0400

Reliance Global Group Schedules Second Quarter 2026 Financial Results and Business Update Conference Call

Tue, 28 Jul 2026 08:30:00 -0400

Reliance Global Group Launches AI Agent for Secure Browser Automation in Regulated Insurance Back Offices

Tue, 14 Jul 2026 08:30:00 -0400

Reliance's proprietary AI agent brings secure environments, policy-enforced action controls, human-in-the-loop review, and audit-grade records to regulated industries, beginning with insurance back offices

LAKEWOOD, NJ, July 14, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: EZRA) today announced the launch of a proprietary AI agent built in-house for secure browser automation in regulated back-office operations. The launch represents a key milestone in Reliance’s previously announced AI strategy, establishing the technology foundation for the Company’s vision to build an AI-powered insurance platform. The agent is built to automate thousands of repetitive browser-based tasks performed by insurance teams every day,

Reliance Global Group Launches AI Agent for Secure Browser Automation in Regulated Insurance Back Offices

Tue, 14 Jul 2026 08:30:00 -0400

Reliance Global Group Launches AI Agent for Secure Browser Automation in Regulated Insurance Back Offices

Tue, 14 Jul 2026 08:30:00 -0400

Reliance Global Group Launches AI Agent for Secure Browser Automation in Regulated Insurance Back Offices

Tue, 14 Jul 2026 08:30:00 -0400

Form 3 Reliance Global Group, For: Jun 18 Filed by: Beyman Mordechai Menachem

Mon, 06 Jul 2026 16:25:00 -0400

si-local-file:///var/storage/secattach/20260706/26735874.html

Form 3 Reliance Global Group, For: Jun 18 Filed by: Beyman Mordechai Menachem

Mon, 06 Jul 2026 16:25:00 -0400

si-local-file:///var/storage/secattach/20260706/26735874.html

Form 3 Reliance Global Group, For: Jun 18 Filed by: Wilder Zackary Andrew

Thu, 02 Jul 2026 10:45:00 -0400

si-local-file:///var/storage/secattach/20260702/26725324.html