---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035393"
form_type: "8-K"
ticker: "EZRA"
cik: "0001812727"
company_name: "Reliance Global Group, Inc."
filed_at: "2024-09-09T23:59:59+00:00"
generated_at: "2026-05-31T05:55:59.356301+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Reliance Global reduces Spetner acquisition cash consideration by $2.5M to $5.5M, on track for H2 2024

## Summary
- Upfront cash consideration reduced from $8M to $5.5M; Michelle Spetner removed as party, Agudath Israel added.
- Spetner's BenManage now covers over 85,000 employees, up from 45,000 at initial announcement.
- Acquisition expected to nearly double annual revenue to ~$28M and meaningfully boost Adjusted EBITDA.
- Transaction remains on track to close in second half of 2024 as previously announced.

## SEC filing metadata
- accession: 0001493152-24-035393
- form_type: 8-K
- ticker: EZRA
- cik: 0001812727
- company_name: Reliance Global Group, Inc.
- filed_at: 2024-09-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812727/000149315224035393/0001493152-24-035393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812727/000149315224035393/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035393
- JSON: https://secwatch.observer/filing/0001493152-24-035393.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035393.txt

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