---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-041598"
form_type: "8-K"
ticker: "EZRA"
cik: "0001812727"
company_name: "Reliance Global Group, Inc."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:22:04.198498+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve 15x increase in authorized shares to 2B; warrants cut to $6.13; agencies rebranded

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-23-041598
- form_type: 8-K
- ticker: EZRA
- cik: 0001812727
- company_name: Reliance Global Group, Inc.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812727/000149315223041598/0001493152-23-041598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812727/000149315223041598/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-041598
- JSON: https://secwatch.observer/filing/0001493152-23-041598.json
- Plain text: https://secwatch.observer/filing/0001493152-23-041598.txt

## Key facts
- Shareholder Votes
  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
  source text: Stockholders voted to approve the 2023 Equity Incentive Plan, in accordance with the voting results listed below
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812727/000149315223041598/0001493152-23-041598-index.htm
- Shareholder Votes
  Reliance Global Group, Inc. shareholders approved Election of Directors at the 2023-11-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-11-14
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812727/000149315223041598/0001493152-23-041598-index.htm
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812727/000149315223041598/0001493152-23-041598-index.htm

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