Reliance Global Regains Compliance With Nasdaq Minimum Bid Price Requirement
$RELI
Specialty Insurers
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Chairman And CEO Ezra Beyman Highlights Importance Of Maintaining Nasdaq Listing For Company Growth And Enhancing Shareholder Value
Chairman And CEO Ezra Beyman Highlights Importance Of Maintaining Nasdaq Listing For Company Growth And Enhancing Shareholder Value
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/2/2022 | $7.00 | Buy | EF Hutton |
4 - Reliance Global Group, Inc. (0001812727) (Issuer)
4 - Reliance Global Group, Inc. (0001812727) (Issuer)
4 - Reliance Global Group, Inc. (0001812727) (Issuer)
4 - Reliance Global Group, Inc. (0001812727) (Issuer)
4/A - Reliance Global Group, Inc. (0001812727) (Issuer)
4 - Reliance Global Group, Inc. (0001812727) (Issuer)
LAKEWOOD, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced the official launch of the beta version of its highly anticipated AI-powered Quote & Bind InsurTech solution for commercial policies. Initially scheduled for release in Q4 2024, the new solution has been launched ahead of schedule, giving RELI Exchange agency partners immediate access to this cutting-edge technology. The solution, now live on the RELI Exchange platform, enables agents to generate real-time quotes and bind commercial insurance policies instantly from their dashboard. This advanced system covers a wide range of commercial insura
Cash required to close reduced by over $2 million Acquisition remains on track - anticipated to close in the second half of 2024 LAKEWOOD, N.J., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company") today provided an update on the pending acquisition of Spetner Associates, including a significant reduction in the upfront cash payment required to close the transaction. The Company also reaffirmed that the transaction remains on track and is anticipated to close, as announced, in the second half of 2024. Ezra Beyman, Chairman and CEO of Reliance Global Group, stated, "We are pleased to announce that we have revised t
LAKEWOOD, N.J., July 30, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today unveiled its new, advanced AI-powered Quote & Bind cutting-edge InsurTech solution for commercial policies, designed to significantly enhance the capabilities of RELI Exchange agency partners. The Company plans to launch the new offering in the fourth quarter of 2024. The new Quote & Bind solution, integrated within the RELI Exchange platform, leverages artificial intelligence, enabling agents to provide real-time commercial insurance quotes from multiple carriers and bind policies in real time from the RELI Exchange agent dashboard. These new commerci
SC 13G - Reliance Global Group, Inc. (0001812727) (Subject)
SC 13G/A - Reliance Global Group, Inc. (0001812727) (Subject)
SC 13G/A - Reliance Global Group, Inc. (0001812727) (Subject)
Chairman And CEO Ezra Beyman Highlights Importance Of Maintaining Nasdaq Listing For Company Growth And Enhancing Shareholder Value
Reliance Global Group, Inc. (NASDAQ:RELI) shares are trading higher Monday. The stock began trading on a 1-for-17 reverse split-adjusted basis at Monday's opening bell. What To Know: Reliance Global also announced the creation of a new Real Estate division intended to supplement, and not replace, its focus on acquiring accretive and cash flow positive insurance agencies. Reliance said it plans to launch the real estate division following the completed acquisition of Spetner Associates, expected to close in the second half of 2024. Read Next: Lululemon Stock Dips After Nike’s Q4 Report: What’s Going On? “We are excited to launch a significant initiative—a new division within Re
EF Hutton initiated coverage of Reliance Global Group with a rating of Buy and set a new price target of $7.00
DEF 14A - Reliance Global Group, Inc. (0001812727) (Filer)
PRE 14A - Reliance Global Group, Inc. (0001812727) (Filer)
8-K - Reliance Global Group, Inc. (0001812727) (Filer)
Spetner Associates Acquisition on Track to Close in Second Half of 2024; Projected to Double Annual Revenue to Approximately $28 Million and Boost AEBITDA Reliance Forms Real Estate Division Headed up by Successful Real Estate Investor and M&A Executive Abe Miller, to Drive Growth and Diversification Simplified Capital Structure- Reliance Removes Warrant Overhang to Unlock Shareholder Value Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the three and six months ended June 30, 2
Lakewood, NJ, July 19, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, July 25, 2024, at 4:30 PM Eastern Time to discuss financial results for the second quarter of 2024 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 246542. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/50932 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-and
Definitive agreement to acquire Spetner Associates marks significant milestone in Company's evolution Expected to more than double current revenue to approximately $28 million and contribute meaningful EBITDA Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., May 20, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI, RELIW))) ("Reliance", "we" or the "Company") today provided a business update and reported financial results for the three months ended March 31, 2024. Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, commented, "We achieved another solid quarter with continued organic growth
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