Reliance Global Group becomes debt free after retiring Oak Street term loan, with over $6M cash

Reliance Global Group, Inc.

Repaid in full its only term debt, an Oak Street Funding LLC loan with about $4.4 million outstanding as of June 30, 2026.
Repayment eliminates about $1 million of annual principal, interest and service fees, including about $400,000 of annual interest and service fees.
Funded with about $1.2M from the Southwestern Montana Insurance Center sale, $2.2M from the Altruis Benefit Consulting sale, and $1.0M collateral cash; no shares issued.
Reports more than $6 million cash remaining after payoff; CEO Ezra Beyman says more cash can go toward the AI platform and RELI Exchange network.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.