secwatch.observer — SEC 8-K summary
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Issuer:     Reliance Global Group, Inc. (EZRA)
CIK:        0001812727
Form:       8-K
Filed at:   2022-02-04T23:59:59+00:00
Accession:  0001493152-22-003229
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812727/000149315222003229/0001493152-22-003229-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812727/000149315222003229/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-003229

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