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 |
8-K - Reliance Global Group, Inc. (0001812727) (Filer)
8-K - Reliance Global Group, Inc. (0001812727) (Filer)
424B5 - Reliance Global Group, Inc. (0001812727) (Filer)
8-K - Reliance Global Group, Inc. (0001812727) (Filer)
8-K - Reliance Global Group, Inc. (0001812727) (Filer)
424B3 - Reliance Global Group, Inc. (0001812727) (Filer)
EFFECT - Reliance Global Group, Inc. (0001812727) (Filer)
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8-K - Reliance Global Group, Inc. (0001812727) (Filer)
8-K - Reliance Global Group, Inc. (0001812727) (Filer)
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4 - Reliance Global Group, Inc. (0001812727) (Issuer)
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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 - 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)
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LAKEWOOD, NJ, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has completed a purchase of XRP, the native token of the XRP Ledger and the cryptocurrency used within the Ripple payment network. This transaction marks Reliance's latest measured step in its Digital Asset Treasury ("DAT") initiative, introducing diversified exposure to a top-tier asset recognized for its speed, scalability, and strong adoption in the global banking and financial services sector. The addition of XRP follows Reliance's earlier treasury purchases of Bitcoin, Ethereum, and Cardano. Together, these holdings reflect the Company
LAKEWOOD, NJ, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI) ("Reliance", "we" or the "Company") today announced that it has completed its first purchase of Bitcoin (BTC) under its Digital Asset Treasury ("DAT") initiative. This purchase represents Reliance's latest and largest crypto position to date, underscoring Reliance's ongoing strategy to include top-tier digital assets in its treasury portfolio, with Bitcoin now joining Ethereum and Cardano among its holdings. This marks the third major step in Reliance's digital asset strategy. Earlier this month, the Company announced its initial purchase of Ethereum (ETH), followed days later by the purchase of C
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
LAKEWOOD, NJ, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has completed its first purchase of Cardano (ADA) under its recently launched Digital Asset Treasury ("DAT") initiative. With this investment, Reliance strengthens its digital asset treasury by adding Cardano, recognized for its peer-reviewed, scalable blockchain, energy-efficient proof-of-stake design, and growing real-world adoption. This purchase follows Reliance's initial purchase of Ethereum (ETH) earlier this month and reflects the Company's ongoing commitment to building a diversified portfolio of leading digital assets. Reliance's D
LAKEWOOD, NJ, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that it has completed its first digital asset purchase under its recently launched Digital Asset Treasury ("DAT") initiative, acquiring Ethereum (ETH). The purchase represents the initial step in Reliance's broader plan to build a diversified digital asset portfolio, with future investments expected to include leading cryptocurrencies such as Bitcoin, Ethereum and Solana. The Company plans to fund these activities through a combination of cash reserves and other approved corporate financing tools. Reliance's DAT initiative is structured to pursue l
Company to Leverage FinTech and AI Expertise to Explore Tokenized Insurance-Linked Assets Plans Purchase of Up to $120 Million in Cryptocurrencies such as Bitcoin, Ethereum and Solana Investments LAKEWOOD, NJ, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced its Board of Directors has approved its strategic expansion into the digital asset and blockchain sector. As part of this initiative, the Company plans to build a diversified portfolio comprising leading cryptocurrencies, such as Bitcoin, Ethereum, and Solana. In accordance with the Company's new digital asset treasury strategy, the Company plans to purc
LAKEWOOD, NJ, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced that Ezra Beyman, Chairman and CEO of Reliance Global Group, will be participating in the 27th Annual H.C. Wainwright Global Investment Conference, taking place September 8th through September 10th, 2025, at the Lotte New York Palace Hotel in New York City. The Company's presentation will be available, on-demand, to registered attendees via the conference platform beginning Monday, September 8, 2025, at 7:00 AM Eastern Time. Management will be participating in one-on-one meetings with qualified members of the investor community throughout the con
LAKEWOOD, NJ, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance", "we" or the "Company") today announced a significant enhancement to its RELI Exchange InsurTech platform through the launch of a next-generation Client Service Center. This expanded functionality empowers independent insurance agents to focus on acquiring new business while RELI Exchange's dedicated team efficiently manages client service requests behind the scenes. This expansion comes on the heels of strong organic growth at RELI Exchange which underscores the scalability and strength of RELI Exchange's tech-enabled service model. "Our enhanced service platform allows agency partners
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
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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, 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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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
Lakewood, NJ, May 13, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Wednesday, May 14, 2025, at 4:30 PM Eastern Time to discuss financial results for the first 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 848176. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/52473 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-and-present
LAKEWOOD, N.J., March 06, 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 year ended December 31, 2024. "We are pleased to report continued revenue growth and strong operational execution in 2024," said Ezra Beyman, Chairman and Chief Executive Officer of Reliance. "This year has been truly transformative for Reliance, driven by disciplined fiscal management, strategic investments in technology, and targeted acquisitions. Our OneFirm strategy has successfully integrated our agency operations into a unified, technology-driven platform, enhancing efficiency, reducin
Lakewood, NJ, March 04, 2025 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, March 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the fourth quarter and year ended December 31, 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 522829. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/52132 or on the investor relations section of the Company's website, https://relianceglo
Reports Continued Revenue Growth and Significant Improvements to Net Results Company to Host Conference Call Today at 4:30 PM Eastern Time LAKEWOOD, N.J., Nov. 07, 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 nine months ended September 30, 2024. Ezra Beyman, Reliance's Chairman and Chief Executive Officer, commented, "We are very pleased to report a highly successful third quarter, both in growing our revenues, as well as in controlling our operating costs, which has resulted in sustained revenue growth, decreased expenses and improved net financia
Lakewood, NJ, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ:RELI) ("Reliance" or the "Company"), announced today that it will host a conference call Thursday, November 7, 2024, at 4:30 PM Eastern Time to discuss financial results for the third quarter of 2024 and provide a business update. The conference call will be available via telephone by dialing toll-free +1 877-545-0320 for U.S. callers or +1 973-528-0002 for international callers and entering access code 442767. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2381/51535 or on the investor relations section of the Company's website, https://relianceglobalgroup.com/events-a
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
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