secwatch.observer — SEC 8-K summary
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Issuer:     Reliance Global Group, Inc. (EZRA)
CIK:        0001812727
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0001493152-22-032632
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reliance Global Group Q3 revenue up 61% to $4.2M; net income $6.1M driven by warrant liability change
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- Revenue for Q3 2022 was $4.2M, +61% YoY from $2.6M, driven by acquisitions and organic growth.
- Net income of $6.1M vs loss of $595K in Q3 2021, primarily due to $7.9M change in fair value of warrant liabilities.
- Operating expenses were $5.7M (incl. $1M non-cash/non-recurring) vs $3.1M YoY.
- RELI Exchange platform now has 120 agency partners, up from 65 a few months ago; added referral partnership with NRS Funding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812727/000149315222032632/0001493152-22-032632-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812727/000149315222032632/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-032632

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer