other_material
confidence high
sentiment neutral
materiality 0.80
Reliance Global Group completes first Ethereum purchase, issues 613,854 unregistered shares
Reliance Global Group, Inc.
- Entered Interim Crypto Purchase Agreement with director Moshe Fishman to use his personal accounts for crypto buys until institutional account opens, approved by Audit Committee.
- Since Aug 1, 2025, issued 613,854 unregistered shares (14.1% of outstanding), including 450,000 to White Lion at $0.80/share for $360,000 gross proceeds.
- Completed first Ethereum purchase under Digital Asset Treasury initiative; plans to buy Bitcoin, Ethereum, Solana with cash reserves and financing.
- Formed Crypto Advisory Board (CAB) to guide digital asset oversight, risk management, and execution.
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