{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-041914","form_type":"8-K","ticker":"EZRA","cik":"0001812727","company_name":"Reliance Global Group, Inc.","filed_at":"2026-09-09T13:59:04+00:00","discovered_at":"2026-09-09T14:00:11.742215+00:00","generated_at":"2026-09-09T14:00:34.107375+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Reliance Global Group agrees to sell Southwestern Montana Insurance Center to Scali for $2.625M cash","bullets":["Sells 100% of Southwestern Montana Insurance Center to Scali LLC for $2.625M cash, 8.75x $300k pro forma EBITDA.","Contingent earnout of 8.75x EBITDA above $300k for 12 months to Aug 2027, uncapped, due within 90 days post-anniversary.","Transaction structured as equity and asset purchase; SMI becomes wholly owned subsidiary of Scali post-closing.","Julie and Jessica Blockey, SMI's managing directors, to sign Managing Director Agreements; Julie's initial term 16 months.","Non-compete restricts Reliance in Montana and within 5 miles of SMI's office; closing payment due by Sept 11, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-041914","json":"https://secwatch.observer/filing/0001493152-26-041914.json","markdown":"https://secwatch.observer/filing/0001493152-26-041914.md","text":"https://secwatch.observer/filing/0001493152-26-041914.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812727/000149315226041914/0001493152-26-041914-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812727/000149315226041914/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-09T14:00:34.107375+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}