secwatch.observer — SEC 8-K summary
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Issuer:     Reliance Global Group, Inc. (EZRA)
CIK:        0001812727
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0001641172-25-016310
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reliance Global Group files Spetner Associates financials; target's 2024 revenue $14.7M, net income $2.1M
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- Spetner 2024 revenue $14.7M (up 85% YoY from $7.95M); net income $2.14M after $5.59M charitable contributions.
- Total assets $3.28M, liabilities $2.34M, equity $0.94M as of Dec 31, 2024.
- Acquisition via Stock Exchange Agreement (May 2024); Reliance to issue shares for all Spetner common stock.
- Spetner 2024 cash from operations $1.63M; ending cash $2.78M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812727/000164117225016310/0001641172-25-016310-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812727/000164117225016310/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-016310

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer