Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: relianceglobalgroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/2/2022 | $7.00 | Buy | EF Hutton |
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EF Hutton initiated coverage of Reliance Global Group with a rating of Buy and set a new price target of $7.00
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LAKEWOOD, NJ, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:EZRA) (the "Company") today announced that it has entered into a non-binding term sheet to acquire a controlling interest in Enquantum Ltd., a post-quantum cryptography technology company addressing what many experts view as an emerging and systemic threat to essential global services and digital infrastructure that rely on encryption for security. In addition, in connection with the term sheet, On January 15, 2026, Reliance executed a secured promissory note as an advance of the initial funding under a definitive agreement, if executed. The Promissory Note is secured by all of the assets of Enquantum and p
Company to Begin Trading Under New Symbol "EZRA" on January 26, 2026 Acquisition Strategy Offers Transformative Potential, Complementing Cash Flow Foundation of Insurance Holdings LAKEWOOD, NJ, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) (the "Company") today announced that its ticker symbol on the NASDAQ Capital Market will change from "RELI" to "EZRA", effective at the open of trading on Monday, January 26, 2026. The Company's common stock will continue to be listed on NASDAQ, and its CUSIP number will remain unchanged. The ticker symbol change is intended to better reflect the Company's strategic evolution, including the formation of EZRA International
Transaction structured to achieve majority ownership through performance-based clinical and regulatory milestones Marks first strategic acquisition for new division—Ezra International Group Lakewood, NJ, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company") today announced that it has entered into a non-binding term sheet ("the term sheet") to acquire a majority equity position of Scent Medical Technologies Ltd ("Scentech"). Scentech is a diagnostics company developing artificial intelligence technologies designed to identify disease-associated molecular signatures in human breath. Scentech's product candidates are under development and
LAKEWOOD, NJ, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) (the "Company") today announced the unanimous Board approval for its formation of EZRA International Group, a new division focused on acquiring controlling stakes and accelerating growth of high-tech Israeli companies, with an initial focus on the Cybersecurity, AI & Data Analytics, FinTech & InsurTech, as well as MedTech & Digital Health sectors. Through this initiative, the Company intends to pursue a structured path toward value realization, which may include public listings, strategic spin-offs, or other monetization events designed to maximize shareholder value. "We believe the current market ca
LAKEWOOD, NJ, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) (the "Company") today announced that it has finalized the sale of two of its subsidiaries, Employee Benefits Solutions, LLC and U.S and Benefits Alliance, LLC (together, "EBS"), two non-core agencies located in Cadillac, Michigan. The successful transaction is part of a comprehensive balance sheet rationalization program, intended to enhance the Company's ability to execute on new initiatives. Overall, the Company has been engaged in a strategy to focus efforts on areas that the Company believes will produce better outcomes. Since acquiring U.S. Benefits Alliance, LLC and Employee Benefits Solutions,
LAKEWOOD, NJ, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance," "we," "us," "our" or the "Company") today announced that it has entered into a non-binding letter of intent to sell its two subsidiaries, U.S. Benefits Alliance, LLC and Employee Benefits Solutions, LLC (together, "EBS"), two non-core agencies located in Cadillac, Michigan. The agreement is subject to execution of a definitive purchase agreement, as well as customary closing conditions. The Company expects the transaction to close within the next 30 days. The contemplated sale represents the ongoing execution of Reliance's strategy to monetize non-core assets, strengthen the balance sheet
LAKEWOOD, NJ, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has deployed additional cash to increase its Zcash (ZEC) position. This additional allocation to the Company's Digital Asset Treasury ("DAT") reflects the Company's internal view that ZEC may be an institutionally adaptable and technologically resilient privacy-enabled digital asset and may play a meaningful role in its long-term treasury strategy. Zcash's dual architecture which combines transparent auditability with optional privacy in the Company's view supports its appeal to organizations seeking digital assets that can be implemented fo
LAKEWOOD, NJ, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has deployed additional cash into its Zcash (ZEC) position, as part of its focused Digital Asset Treasury ("DAT") strategy. This step follows Reliance's recent consolidation of its digital asset holdings into Zcash and reflects the Company's current view of ZEC as its primary digital asset exposure within that strategy. Zcash's architecture, featuring a Bitcoin-based security model enhanced with optional privacy and selective disclosure, continues to distinguish it from other blockchain networks. Its dual-transaction model provides transpare
LAKEWOOD, NJ, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has completed a strategic realignment of its Digital Asset Treasury ("DAT"), by consolidating its digital asset position into Zcash (ZEC). The Company has fully exited its prior holdings and reallocated the proceeds into Zcash, a leading privacy-preserving cryptocurrency built on Bitcoin's foundational architecture. This decision follows a comprehensive strategic review in which the Company along with Blake Janover, the Chaiman of the Crypto Advisory Board determined, after an in-depth assessment, that Zcash presented the most compelling opp
LAKEWOOD, NJ, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance," "we" or the "Company") today announced the appointment of Blake Janover, a recognized pioneer in bringing digital assets into public markets, as Chairman of the Company's Crypto Advisory Board (CAB). In this role, Mr. Janover will advise Reliance on its Digital Asset Treasury (DAT) initiative and other blockchain-related strategies designed to accelerate innovation, efficiency, and long-term shareholder value across the Company's InsurTech and financial operations. Mr. Janover is widely regarded as a leader in bringing blockchain and decentralized finance (DeFi) innovation to the public
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LAKEWOOD, NJ, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has deployed additional cash to increase its Zcash (ZEC) position. This additional allocation to the Company's Digital Asset Treasury ("DAT") reflects the Company's internal view that ZEC may be an institutionally adaptable and technologically resilient privacy-enabled digital asset and may play a meaningful role in its long-term treasury strategy. Zcash's dual architecture which combines transparent auditability with optional privacy in the Company's view supports its appeal to organizations seeking digital assets that can be implemented fo
LAKEWOOD, NJ, Nov. 26, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has deployed additional cash into its Zcash (ZEC) position, as part of its focused Digital Asset Treasury ("DAT") strategy. This step follows Reliance's recent consolidation of its digital asset holdings into Zcash and reflects the Company's current view of ZEC as its primary digital asset exposure within that strategy. Zcash's architecture, featuring a Bitcoin-based security model enhanced with optional privacy and selective disclosure, continues to distinguish it from other blockchain networks. Its dual-transaction model provides transpare
LAKEWOOD, NJ, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has completed a strategic realignment of its Digital Asset Treasury ("DAT"), by consolidating its digital asset position into Zcash (ZEC). The Company has fully exited its prior holdings and reallocated the proceeds into Zcash, a leading privacy-preserving cryptocurrency built on Bitcoin's foundational architecture. This decision follows a comprehensive strategic review in which the Company along with Blake Janover, the Chaiman of the Crypto Advisory Board determined, after an in-depth assessment, that Zcash presented the most compelling opp
Fortman Sale Nets a $3 Million Gain and Provides Capital to Significantly Reduce Long-Term Debt Company Progresses Digital Asset Treasury Initiative to Support Capital Appreciation Model Company on Track to Issue First Dividend in Its History — $0.03 Per Share Special Dividend Payable December 2, 2025 Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today reported its financial results for the third quarter ended September 30, 2025, and provided a strategic and operational update. "The third quarter marked another important step in Rel
Lakewood, NJ, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, November 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the third quarter 2025 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 800-715-9871 for U.S. callers or +1 646-307-1963 for international callers and entering access code Reliance Global Group Inc. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/53204 or on the investor relations section of the Company's website, https://relianceglobalgroup
Solana's Lightning-Fast, Low-Cost Network Strengthens RELI's Blockchain Portfolio Company Reaffirms Special Dividend for December 2, 2025, Payable to Shareholders of Record on October 30, 2025 LAKEWOOD, NJ, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has completed a purchase of Solana (SOL), the native token of the Solana blockchain. The acquisition marks the latest milestone in Reliance's Digital Asset Treasury ("DAT") initiative, expanding the Company's exposure to one of the fastest, most scalable, and cost-efficient blockchain networks in the world. The addition of Solana builds upon Relianc
LAKEWOOD, NJ, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) ("Reliance", "we" or the "Company") today announced that its Board of Directors has declared a special cash dividend of $0.03 per common share, payable on or about December 2, 2025, to stockholders of record as of October 30, 2025. Ezra Beyman, CEO of Reliance Global Group, commented, "We are pleased to announce this special dividend as a way of rewarding our loyal shareholders who have continued to support the Company as we execute on our growth strategy. Over the past several quarters, we have made significant progress strengthening both our financial performance and balance sheet, and we believ
Reduces Debt by 50%, Strengthens Balance Sheet, and Refocuses Strategic Priorities Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., July 30, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the quarter ended June 30, 2025. "During the second quarter, we made meaningful progress toward our long-term strategic objectives, continuing to execute with discipline across both operational and financial fronts," said Ezra Beyman, Chairman and CEO of Reliance Global Group. "While revenue was modestly lower compared to the prior year period, this wa
Lakewood, NJ, July 28, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Wednesday, July 30, 2025, at 4:30 PM Eastern Time to discuss financial results for the second quarter 2025 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 627850. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/52790 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-and-pres
LAKEWOOD, N.J., May 14, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the quarter ended March 31, 2025. "We are pleased to begin 2025 with improving financial results that build on the momentum we achieved in 2024," said Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group. "Our growth in organic revenues highlights the attractive strides we've made in expanding our market share. At the same time, the substantial reduction in net loss and the increase in AEBITDA reflect the sustained benefits of our disciplined fiscal management, streamlined op
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LAKEWOOD, N.J., July 01, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company") today announced the formation of a new Real Estate division drawing on Ezra Beyman's extensive background in building the third-largest mortgage brokerage in the nation and accumulating a multi-billion-dollar portfolio of multi-family properties. Furthermore, Abe Miller, successful real estate investor and M&A executive, has agreed to join Reliance to oversee this new division and advise on future real estate transactions. Mr. Miller will receive no fixed salary for his services; rather, he will be compensated entirely on a success-based model. The new di
LAKEWOOD, NJ, May 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announces the appointment of Mr. William Lebovics as Chief Financial Officer, effective June 1, 2022. Mr. Blumenfrucht, who previously served as Chief Financial Officer, will continue as a member of the Company's Board of Directors and will provide support through the transition period. Among his accomplishments, Mr. Lebovics served as the Finance Manager for IDW Media Holdings, where he w
Continues Successful Execution of Growth Strategy through Key Acquisitions and Senior Management Appointments LAKEWOOD, NJ, May 16, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, provided a business update today and reported financial results for the first quarter ended March 31, 2022. Ezra Beyman, CEO of Reliance Global Group, commented, "We continue to execute on our business growth strategy, as evidenced by an 82% increase in revenue to $4.2 million for the firs
Grant Barra to oversee expansion of the Agency Partner Network and introduction of new InsurTech to accelerate growth LAKEWOOD, NJ, April 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company"), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced it has appointed Grant Barra as Senior Vice President of Operations following the recently announced acquisition of Barra & Associates. In addition to overseeing the Barra & Associates subsidiary, Mr. Barra will be responsible for overseeing expansion of the
LAKEWOOD, N.J., Feb. 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Reliance Global Group, Inc. (Nasdaq: RELI), a company engaged in the acquisition and management of insurance agencies in the United States, today announced the appointment of Moshe Fishman as Director of Insurance Operations. In this role, he will help oversee the integration of insurance agencies, as well as the rollout of the Company’s new 5MinuteInsure.com platform. Prior to joining Reliance Global Group, Mr. Fishman served as President of Tekeno Financial, LLC, which offers a variety of insurance products and annuities. While at Tekeno, Mr. Fishman structured a variety of unique no load fee insurance products to c
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