earnings
confidence high
sentiment neutral
materiality 0.60
Reliance Global Group amends stock exchange agreement, issues 140,064 shares, and schedules Q3 2024 earnings call
Reliance Global Group, Inc.
2024-Q3 EPS reported
-$10.56
revenue$10,757,238
- On October 29, 2024, Reliance Global Group entered into Amendment No. 1 to the Stock Exchange Agreement with Spetner and Agudath Israel.
- The Company issued 70,032 shares of common stock to Jonathan Spetner and 70,032 shares to Agudath Israel as a non-refundable deposit totaling $329,430.53.
- The First Termination Date of the agreement was extended from November 10, 2024 to December 31, 2024.
- On November 4, 2024, the Company issued a press release announcing a conference call for November 7, 2024 to discuss Q3 2024 financial results.
- As of November 4, 2024, the Company had 1,712,573 shares of common stock outstanding.