other_material
confidence high
sentiment neutral
materiality 0.50
Reliance Global Group enters ATM equity offering for up to 2.03M shares
Reliance Global Group, Inc.
- Agreement with H.C. Wainwright to sell up to 2,026,453 shares of common stock at market prices.
- Agent commission of 3.0% of gross proceeds; Company reimburses legal fees up to $50,000.
- Wainwright granted 12-month right of first refusal on future equity/debt offerings.
- Shares sold under existing S-3 shelf effective November 2023; proceeds for general corporate purposes.
item 1.01item 9.01