---
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"
generated_at: "2026-09-09T14:00:34.107375+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Reliance Global Group agrees to sell Southwestern Montana Insurance Center to Scali for $2.625M cash

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-041914
- JSON: https://secwatch.observer/filing/0001493152-26-041914.json
- Plain text: https://secwatch.observer/filing/0001493152-26-041914.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.