other material
confidence medium
sentiment neutral
materiality 0.55
Reliance Global Group increases authorized common shares from 117.6M to 2B
Reliance Global Group, Inc.
- Authorized common stock raised from 117,647,058 to 2,000,000,000; effective February 7, 2025.
- Board approved amendment on October 2, 2024; stockholders voted approval on December 31, 2024.
- No change to authorized preferred shares (750M); total authorized capital now 2.75B shares.
- Amendment filed with Florida Secretary of State; no immediate issuance of new shares.