Reliance Global Group Inc (EZRA) News & EventsEZRANews & EventsReliance Global Group Inc

Selling Stockholders Plan to Sell Up to 16.1M Shares

This filing relates to the offer and sale from time to time by the selling stockholders of up to 16.1M shares of common stock. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.

Reliance Global Plans to Sell Altruis Assets for $11M

Reliance Global announced that it has entered into a non-binding letter of intent to sell the assets of its Altruis Benefit Consulting subsidiary, a Michigan-based health insurance agency and benefits consulting business, for $11M in cash. The LOI is non-binding, and there can be no assurance that definitive agreements will be executed or that the proposed transaction will be completed on the terms described, on the contemplated timeline, or at all. Reliance would retain its proprietary AI platform, Reli Exchange and its other insurance operations. Approximately $9.35M would be paid at closing, with $1.65M held in an interest-bearing escrow account, the remaining balance of which, plus accrued interest, would be released to the company 18 months after closing. The parties are targeting a closing within the next 60 days, subject to customary closing conditions.

Reliance Global Launches Proprietary AI Agent for Secure Browser Automation

Reliance Global announced the launch of a proprietary AI agent built in-house for secure browser automation in regulated back-office operations. The agent is built to automate thousands of browser-based tasks performed by insurance teams every day, including service requests, endorsements, quote pulls, status checks, and document retrieval, while operating within a security framework designed for regulatory compliance.