---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-003229"
form_type: "8-K"
ticker: "EZRA"
cik: "0001812727"
company_name: "Reliance Global Group, Inc."
filed_at: "2022-02-04T23:59:59+00:00"
generated_at: "2026-06-27T11:12:41.000992+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nasdaq deficiency for share issuance in Medigap acquisition; appoints Joel Markovits as CAO

## Summary
- Nasdaq notified Reliance on Jan 31, 2022 of violation of Listing Rule 5635(a) due to share issuances in Medigap acquisition and private placement without shareholder approval.
- Company has 45 days to submit a plan of compliance; management is confident it will meet Nasdaq's requirements.
- Appointed Joel Markovits as Chief Accounting Officer effective Feb 1, 2022; annual salary $200,000 and grant of 25,000 restricted shares.
- Markovits joined Reliance in June 2021; previously audit senior manager at KPMG, CPA.

## SEC filing metadata
- accession: 0001493152-22-003229
- form_type: 8-K
- ticker: EZRA
- cik: 0001812727
- company_name: Reliance Global Group, Inc.
- filed_at: 2022-02-04T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812727/000149315222003229/0001493152-22-003229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812727/000149315222003229/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-003229
- JSON: https://secwatch.observer/filing/0001493152-22-003229.json
- Plain text: https://secwatch.observer/filing/0001493152-22-003229.txt

## Key facts
- Executive change
  Joel Markovits was appointed as Chief Accounting Officer at Reliance Global Group, Inc..
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: On February 1, 2022, the Company’s Board appointed Joel Markovits as its Chief Accounting Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812727/000149315222003229/0001493152-22-003229-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.