{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-005741","form_type":"8-K","ticker":"EZRA","cik":"0001812727","company_name":"Reliance Global Group, Inc.","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.702927+00:00","generated_at":"2026-06-19T05:20:25.337374+00:00","sec_items":["5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Reliance Global Group announces 1-for-15 reverse stock split to regain Nasdaq compliance","bullets":["Reverse split effective Feb 22, 2023; shares trade split-adjusted Feb 23 under new CUSIP 75946W306.","Authorized shares reduced from 2B to ~133M; outstanding shares from ~20M to ~1.3M.","CEO cites maintaining Nasdaq listing and combating naked short selling as reasons.","RELI Exchange independent agents grew 170% from 65 to 176 since May 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-005741","json":"https://secwatch.observer/filing/0001493152-23-005741.json","markdown":"https://secwatch.observer/filing/0001493152-23-005741.md","text":"https://secwatch.observer/filing/0001493152-23-005741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812727/000149315223005741/0001493152-23-005741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812727/000149315223005741/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T05:20:25.337374+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a1942b22a8abaef67c16814d93a36cbb9c678f3","claim":"Reliance Global Group, Inc.: Approved and filed Articles of Amendment to effect a 1-for-15 reverse stock split and decrease authorized shares from 2,000,000,000 to 133,333,333 (effective 2023-02-16).","evidence_excerpt":"On February 7, 2023, the Board of Directors (the “Board”) of Reliance Global Group, Inc., a Florida corporation (the “Company”) approved (i) a reverse stock split of the Company’s issued and outstanding common stock, par value $0.086 per share, on a one (1) for fifteen (15) basis (the “Reverse Stock Split”) and (ii) a decrease of the Company’s authorized number of shares of common stock on the same basis from 2,000,000,000 shares of common stock to 133,333,333 shares of common stock (the “Decrease in Authorized Securities” and the Reverse Stock Split and Decrease in Authorized Securities is referred to together herein as the “Corporate Actions”). The Company filed an Articles of Amendment (the “Amendment”) with the Secretary of State of the State of Florida on February 16, 2023 to effectuate the Corporate Actions.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1812727/000149315223005741/0001493152-23-005741-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-02-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}