Reliance Global Group announces 1-for-40 reverse stock split to regain Nasdaq compliance

Reliance Global Group, Inc.

1-for-40 reverse stock split effective May 15, 2026 at 5:00 p.m. ET; adjusted trading begins May 18.
Outstanding shares reduced from ~22.23M to ~555,764; authorized shares reduced to 50 million.
Split aims to regain compliance with Nasdaq's $1.00 minimum bid price requirement (Rule 5550(a)(2)).
No shareholder approval required; par value unchanged at $0.086 per share.
New CUSIP: 75946W504; symbol remains EZRA.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Reliance Global Group, Inc.: Amended articles of incorporation to effect a 1-for-40 reverse stock split and decrease authorized shares to 50 million (effective 2026-05-15).

Change: charter amendment
Effective: 2026-05-15

Exact text from the filing

On May 12, 2026, Reliance Global Group, Inc. (the “Company”) filed a certificate of amendment (the “Certificate of Amendment”) to its Articles of Restatement to the Articles of Incorporation, as amended (the “Articles of Incorporation”), with the Florida Department of State, Division of Corporations relating to a 1-for-40 reverse stock split (the “Reverse Stock Split”) of the outstanding shares of the Company’s common stock as well as the authorized number of shares of the Company’s common stock.

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Reliance Global Group, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-26-022840

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