Recent 8-K filings for EZRA
Highest-materiality recent filing
Reliance Global Group completes first Ethereum purchase, issues 613,854 unregistered shares
- Entered Interim Crypto Purchase Agreement with director Moshe Fishman to use his personal accounts for crypto buys until institutional account opens, approved by Audit Committee.
- Since Aug 1, 2025, issued 613,854 unregistered shares (14.1% of outstanding), including 450,000 to White Lion at $0.80/share for $360,000 gross proceeds.
-
Reliance Global Group announces 1-for-40 reverse stock split to regain Nasdaq compliance
1-for-40 reverse stock split effective May 15, 2026 at 5:00 p.m. ET; adjusted trading begins May 18.
-
Reliance Global Group invests $2M in Innervate Radiopharmaceuticals via LifeSci Global biotech arm
LifeSci Global (51% owned by Reliance) agrees to acquire 421,053 Innervate units at $4.75/unit for $2M total; $500K funded at closing.
-
Reliance Global Group closes initial 8% stake in Enquantum with path to 51% control
Acquired ~8% equity of Enquantum Ltd. via conversion of $166K bridge note and cash investment.
-
Definitive agreement to acquire 51% of Enquantum for $2.125M, payable in milestone tranches over ~10 months.
-
Reliance Global Group receives Nasdaq delisting notice for bid price below $1.00
Nasdaq notified Reliance on Dec 12, 2025, of non-compliance with minimum $1.00 bid price requirement.
-
Reliance Global Group declares $0.03 special dividend; adds Bitcoin, XRP to treasury
Special cash dividend of $0.03 per share, payable Dec 2, 2025 to holders of record Oct 30, 2025.
-
Reliance Global Group completes first Ethereum purchase, issues 613,854 unregistered shares
Entered Interim Crypto Purchase Agreement with director Moshe Fishman to use his personal accounts for crypto buys until institutional account opens, approved by Audit Committee.
-
Board approved digital asset treasury strategy; plans to purchase up to $120M in cryptocurrencies (Bitcoin, Ethereum, Solana).
-
Reliance Global sells Fortman Insurance for $5M; cuts debt 50%, annual savings >$1.8M
Closed sale of Fortman Insurance Services for $5M cash; sold at value above 2019 purchase price.
-
Spetner 2024 revenue $14.7M (up 85% YoY from $7.95M); net income $2.14M after $5.59M charitable contributions.
-
Reliance Global raises $2.5M in private placement; up to $6.75M with warrants
Sold 1,488,096 shares/pre-funded warrants and 2,976,192 warrants at $1.68/unit.
-
Reliance Global Group signs LOI to sell Fortman Insurance for $5M cash to fund Spetner acquisition
Signed non-binding LOI to sell Fortman Insurance Agency for $5 million in cash.
-
Reliance Global Group withdraws S-1 registration statement, abandons public offering
Filed withdrawal request for Form S-1 (No. 333-284218) effective June 16, 2025.
-
Reliance Global Group Q1 net loss down 68% to $1.74M; AEBITDA turns positive $145K
Commission revenue increased 4% to $4.24M vs $4.08M in Q1 2024, driven by organic growth.
-
Reliance Global Group FY2024 revenue $14.1M (+2%); net loss narrows 24% to $9.1M
Commission income revenue $14,054,361, up 2% from $13,731,826 in 2023.
-
Issued 78,500 shares each to Jonathan Spetner and Agudath Israel of America as non-refundable deposit prepayment of $239,425.
-
Reliance Global: Spetner acquisition nearing close, expected to nearly double revenue to ~$28M
Spetner acquisition in final stages, on track for early 2025 close; will nearly double annual revenue to ~$28M and boost Adjusted EBITDA.
-
Reliance Global Q3 revenue up 5%; loss from ops improves 64%; positive AEBITDA
Commission income $3.44M (+5% YoY); total operating expenses $3.95M (-16% YoY).
-
On October 29, 2024, Reliance Global Group entered into Amendment No. 1 to the Stock Exchange Agreement with Spetner and Agudath Israel.
-
Upfront cash consideration reduced from $8M to $5.5M; Michelle Spetner removed as party, Agudath Israel added.
-
Q2 revenues $3.2M (+1% YoY); net loss from continuing ops $1.5M, improved 62% YoY.
-
Reliance Global Group regains Nasdaq minimum bid price compliance
Received notice from Nasdaq on July 16, 2024 confirming compliance with Rule 5550(a)(2).
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.55 · Most common event other_material