8-K
filed November 16, 2023, 6:59 PM ET
ticker EZRA
CIK 0001812727
other material
confidence high
sentiment positive
materiality 0.65
Shareholders approve 15x increase in authorized shares to 2B; warrants cut to $6.13; agencies rebranded
Reliance Global Group, Inc.
- Shareholders approved increase in authorized common shares from 133,333,333 to 2,000,000,000.
- Shareholders approved 2023 Equity Incentive Plan.
- Series A warrant holders approved reducing exercise price from $99.00 (post-split) to $6.13 per share.
- Company announced consolidation of all owned agencies under RELI Exchange brand ('OneFirm').
- Reports 19% YoY revenue increase and >21% reduction in operating losses in first nine months of 2023.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Reliance Global Group, Inc. shareholders approved 2023 Equity Incentive Plan at the 2023-11-14 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-11-14
Exact text from the filing
Stockholders voted to approve the 2023 Equity Incentive Plan, in accordance with the voting results listed below
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Reliance Global Group, Inc. shareholders approved Election of Directors at the 2023-11-14 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-11-14
Exact text from the filing
Each of the following five nominees was elected to the Company’s Board of Directors, in accordance with the voting results listed below, to serve for a term of one year, until the next annual meeting of stockholders and until their successors have been duly elected and have qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Reliance Global Group, Inc. shareholders approved Articles Amendment to Increase in Authorized Shares at the 2023-11-14 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2023-11-14
Exact text from the filing
Stockholders voted to approve the amendment of the Company’s articles of incorporation, as amended, to increase the total number of authorized shares of our common stock, $0.086 par value per share, from 133,333,333 shares to 2,000,000,000 shares, in accordance with the voting results listed below
View on SEC.gov
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