M&A
confidence medium
sentiment neutral
materiality 0.50
Reliance Global ends Altruis sale LOI with one buyer, signs new LOI with another
Reliance Global Group, Inc.
- On Aug 14, 2026, terminated non-binding LOI with prior buyer for sale of Altruis operating assets.
- On Aug 27, 2026, entered new non-binding LOI with different third-party purchaser for Altruis.
- Proposed sale covers substantially all Altruis operating assets; subject to due diligence and definitive agreements.
- No financial terms or buyer names disclosed; prior 8-K filed Aug 5, 2026 described original proposed transaction.