StreetInsider.com News Articles

Form 8-K Reliance Global Group, For: Sep 23

Fri, 23 Oct 2026 16:06:00 -0400

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Reliance Global Group signs LOI to acquire GPU cloud provider

Thu, 22 Oct 2026 12:15:16 -0400

Reliance Global Group, Inc. (NASDAQ: EZRA) announced it signed a non-binding letter of intent on September 23, 2026, to acquire the assets of an unnamed GPU cloud provider and marketplace operator, according to a press release from the company.

The total purchase price is structured at up to $4,000,000, with $3,000,000 in cash and $375,000 in escrow payable at closing, a further $375,000 payable 12 months after closing subject to milestone conditions, and $250,000 in consulting fees to the seller's founder over the 12 months following closing. The LOI also includes an optional $500,000 investment in a related company of the

Reliance Global Group Signs LOI to Acquire a GPU Cloud Provider, Targeting Rapid Growth in AI Infrastructure

Thu, 22 Oct 2026 12:15:00 -0400

Acquisition Structured With No Shareholder Dilution; Company Remains Debt-Free With Acquisition Funding Already in Place

Company to Rebrand as “GPU Exchange” and Plans to Change Its Nasdaq Ticker to “XGPU”

Due Diligence Substantially Complete; Closing Anticipated in Early November 2026

LAKEWOOD, NJ, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (“Reliance,” “EZRA” or the “Company”) today announced that on September 23, 2026, it executed a non-binding letter of intent (the “LOI”) to acquire the assets of a GPU cloud provider and marketplace operator delivering on-demand computing infrastructure

Reliance Global Group Signs LOI to Acquire a GPU Cloud Provider, Targeting Rapid Growth in AI Infrastructure

Thu, 22 Oct 2026 12:15:00 -0400

Acquisition Structured With No Shareholder Dilution; Company Remains Debt-Free With Acquisition Funding Already in Place

Company to Rebrand as “GPU Exchange” and Plans to Change Its Nasdaq Ticker to “XGPU”

Due Diligence Substantially Complete; Closing Anticipated in Early November 2026

Form SCHEDULE 13D/A Reliance Global Group, Filed by: GNK Holdings LLC

Thu, 15 Oct 2026 15:12:00 -0400

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Form SCHEDULE 13D/A Reliance Global Group, Filed by: GNK Holdings LLC

Thu, 15 Oct 2026 13:44:00 -0400

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Form 8-K Reliance Global Group, For: Oct 05

Tue, 13 Oct 2026 06:30:00 -0400

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Form 8-K Reliance Global Group, For: Oct 01

Mon, 05 Oct 2026 17:27:00 -0400

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Reliance Global Group Becomes Debt Free Following Retirement of 100% of Its Term Debt

Mon, 05 Oct 2026 08:20:00 -0400

Repayment of Oak Street Funding Term Loan Eliminates Approximately $1 Million of Annual Principal, Interest and Fee Payments

LAKEWOOD, NJ, Oct. 05, 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 repaid in full its term loan with Oak Street Funding LLC, which was the Company's only term debt. As a result of the repayment, the Company has no outstanding term debt. The term loan had an outstanding balance of approximately

Reliance Global Group Becomes Debt Free Following Retirement of 100% of Its Term Debt

Mon, 05 Oct 2026 08:20:00 -0400

Repayment of Oak Street Funding Term Loan Eliminates Approximately $1 Million of Annual Principal, Interest and Fee Payments

Reliance Global Group sells Altruis unit for $8M cash

Thu, 01 Oct 2026 08:18:16 -0400

Reliance Global Group, Inc. (Nasdaq: EZRA) completed the sale of substantially all assets of its Altruis Benefit Consulting subsidiary on September 23, 2026, for a cash purchase price of $8 million, plus an earnout of up to $1 million payable over three years based on annual revenue growth of the acquired business.

The Michigan-based health insurance agency and benefits consulting business was sold as part of what the company describes as a portfolio monetization strategy focused on non-core agency assets. The sale marks the second such transaction completed in September, following the sale of Southwestern Montana Insurance Center, which closed on

Reliance Global Group Completes Sale of Altruis Benefit Consulting for $8 Million in Cash Plus Up to $1 Million Earnout

Thu, 01 Oct 2026 08:18:00 -0400

Second Non-Core Agency Sale Completed in September Under the Company's Portfolio Monetization Strategy

$3.1 Million Secured Promissory Note Paid in Full on September 30, 2026

LAKEWOOD, NJ, Oct. 01, 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 completed the sale of substantially all of the assets of its Altruis Benefit Consulting ("Altruis") subsidiary, a Michigan-based health insurance agency and benefits consulting business, for a

Reliance Global Group Completes Sale of Altruis Benefit Consulting for $8 Million in Cash Plus Up to $1 Million Earnout

Thu, 01 Oct 2026 08:18:00 -0400

Second Non-Core Agency Sale Completed in September Under the Company's Portfolio Monetization Strategy

$3.1 Million Secured Promissory Note Paid in Full on September 30, 2026

Form 8-K/A Reliance Global Group, For: Sep 23

Wed, 30 Sep 2026 09:20:00 -0400

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Form 8-K Reliance Global Group, For: Sep 23

Wed, 30 Sep 2026 06:00:00 -0400

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Form 424B3 Reliance Global Group,

Thu, 24 Sep 2026 09:25:00 -0400

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Form 8-K Reliance Global Group, For: Sep 11

Wed, 16 Sep 2026 09:00:00 -0400

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Reliance Global sells Montana insurance unit for $2.625M cash

Mon, 14 Sep 2026 08:30:16 -0400

Reliance Global Group, Inc. (Nasdaq: EZRA) has completed the sale of its Southwestern Montana Insurance Center subsidiary to an undisclosed buyer for $2.625 million in cash, plus an uncapped earnout provision, according to a company statement.

The sale closed on September 11, 2026, effective as of September 1, 2026. The purchase price was based on a multiple of 8.75 times the agency's pro forma EBITDA of $300,000. The earnout, if earned, equals 8.75 times the amount by which the agency's EBITDA exceeds $300,000 for the twelve months ending August 31, 2027, and would be payable following the first anniversary of closing.

Reliance Global Group Completes Sale of Southwestern Montana Insurance Center for $2.625 Million in Cash at Closing Plus Uncapped Earnout

Mon, 14 Sep 2026 08:30:00 -0400

This transaction is in addition to the previously announced pending sale of Altruis Benefit Consulting

LAKEWOOD, NJ, Sept. 14, 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 completed the sale of its Southwestern Montana Insurance Center subsidiary, a Montana-based full-service insurance agency, for $2.625 million in cash at closing, plus an uncapped earnout, if any, based on the agency’s EBITDA performance for the twelve months ending August 31, 2027. No

Reliance Global Group Completes Sale of Southwestern Montana Insurance Center for $2.625 Million in Cash at Closing Plus Uncapped Earnout

Mon, 14 Sep 2026 08:30:00 -0400

This transaction is in addition to the previously announced pending sale of Altruis Benefit Consulting

Form 8-K Reliance Global Group, For: Sep 04

Fri, 11 Sep 2026 09:37:00 -0400

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Form 4 Reliance Global Group, For: Jun 24 Filed by: Markovits Joel

Thu, 10 Sep 2026 17:15:00 -0400

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Form 4 Reliance Global Group, For: Jun 24 Filed by: KORMAN SCOTT

Thu, 10 Sep 2026 17:13:00 -0400

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Form 4 Reliance Global Group, For: Jun 24 Filed by: Korman Judah

Thu, 10 Sep 2026 17:11:00 -0400

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Form 4 Reliance Global Group, For: Jun 24 Filed by: Brickman Sheldon

Thu, 10 Sep 2026 17:09:00 -0400

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