Reliance Global Group amends Spetner acquisition, issues 157,000 deposit shares, sets $16.05M purchase price

Reliance Global Group, Inc.

Issued 78,500 shares each to Jonathan Spetner and Agudath Israel of America as non-refundable deposit prepayment of $239,425.
Total deposit value (including prior) set at $568,855.53; First Closing purchase price $16,050,000 with $6,500,000 cash to Spetner.
Also disclosed prior unregistered issuance of 72,464 shares to Outside the Box Capital, Inc. on Nov 20, 2024.
As of Feb 20, 2025, total common shares outstanding: 2,869,869.

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