{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-044941","form_type":"8-K","ticker":"EZRA","cik":"0001812727","company_name":"Reliance Global Group, Inc.","filed_at":"2026-09-29T21:51:28+00:00","discovered_at":"2026-09-30T10:05:00.382430+00:00","generated_at":"2026-10-12T13:55:11.409755+00:00","sec_items":["1.01","1.02","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Reliance Global's Altruis unit sells benefits agency assets for $8M; repays $2.18M Oak Street debt","bullets":["Altruis Benefit Consultants sold substantially all of its employee benefits insurance agency assets to Altruis Benefit Management, LLC for $8.0M, closing Sept 23, 2026.","Consideration: $4,440,782.60 cash, $3,097,488.40 secured promissory note (due Sept 30, 2026), $300,000 indemnity holdback and $161,729 working capital holdback.","Up to $1,000,000 contingent earnout over three 12-month periods if revenue grows 10%, 15% or 20%+ versus the year ended June 30, 2026; subordinated to buyer's senior debt.","Oak Street Funding credit facilities under the April 26, 2022 Master Credit Agreement were repaid in full ($2,176,164) and liens released; Oak Street waived the prepayment premium.","Transition services agreement keeps the six acquired-business employees employed by Altruis, made available to buyer through Oct 31, 2026, then expected to transfer."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-044941","json":"https://secwatch.observer/filing/0001493152-26-044941.json","markdown":"https://secwatch.observer/filing/0001493152-26-044941.md","text":"https://secwatch.observer/filing/0001493152-26-044941.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812727/000149315226044941/0001493152-26-044941-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812727/000149315226044941/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:55:11.409755+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"}