---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-045782"
form_type: "8-K"
ticker: "EZRA"
cik: "0001812727"
company_name: "Reliance Global Group, Inc."
filed_at: "2026-10-05T21:27:04+00:00"
generated_at: "2026-10-12T16:39:31.086704+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Reliance Global Group closes $8M cash sale of Altruis Benefit Consulting, plus up to $1M earnout

## Summary
- Altruis sale closed September 23, 2026: $8M cash purchase price with no Reliance common stock issued, plus up to $1M earnout over three years tied to annual revenue growth.
- Company received ~$7.5M in cash, including full payment of the buyer's $3.1M secured promissory note on September 30, 2026; $461,729 remains held as indemnity and working capital holdbacks.
- Second non-core agency divestiture under the portfolio monetization strategy, following the September 11, 2026 close of Southwestern Montana Insurance Center.
- CEO Ezra Beyman said proceeds 'strengthen our balance sheet' and add capacity to invest in the RELI Exchange network and proprietary AI platform.
- Reliance will continue evaluating additional sales across its agency portfolio, targeting capital redeployment to higher-growth InsurTech initiatives.

## SEC filing metadata
- accession: 0001493152-26-045782
- form_type: 8-K
- ticker: EZRA
- cik: 0001812727
- company_name: Reliance Global Group, Inc.
- filed_at: 2026-10-05T21:27:04+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812727/000149315226045782/0001493152-26-045782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812727/000149315226045782/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-045782
- JSON: https://secwatch.observer/filing/0001493152-26-045782.json
- Plain text: https://secwatch.observer/filing/0001493152-26-045782.txt

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