---
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"
generated_at: "2026-10-12T13:55:11.409755+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Reliance Global's Altruis unit sells benefits agency assets for $8M; repays $2.18M Oak Street debt

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-044941
- JSON: https://secwatch.observer/filing/0001493152-26-044941.json
- Plain text: https://secwatch.observer/filing/0001493152-26-044941.txt

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