LAKEWOOD, N.J., Sept. 09, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today announced a fully executed letter of intent (LOI) to acquire a national insurance agency. The acquisition is expected to close before the December 31, 2020 fiscal year end subject to certain closing conditions, with due diligence well underway.
LAKEWOOD, N.J., Aug. 14, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today provided a business update for the second quarter of 2020. The complete financials for the second quarter of 2020 have been filed with OTC Markets and are available at OTCMarkets.com.
LAKEWOOD, N.J., Aug. 04, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today announced the appointment of senior insurance industry executive, Sheldon Brickman, as an independent member of the Company’s Board of Directors. Mr. Brickman replaces David Lazar who has resigned due to personal commitments. As a result, the Board of Directors consists of 5 members, including 3 independent directors.
LAKEWOOD, NJ, July 27, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today reported that it anticipates revenue will increase approximately 70% for the second quarter of 2020 versus the same period last year. RELI expects to report its full results for the second quarter of 2020 and file its Form 10-Q with the Securities and Exchange Commission on or before August 15, 2020.
LAKEWOOD, N.J., June 23, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today announced that it has filed its Form 10 with the Securities & Exchange Commission.
Ezra Beyman, CEO of Reliance Global Group, stated, “The filing of our Form 10 is an important milestone for the Company. First, as a fully reporting company, we have the opportunity to attract a broader universe of institutional and other investors. Second, this is an important step towards our ultimate goal of listing on a national exchange. Third, as we are in active discussions regarding a number of potential real estate and insurance acquisitions, the fact we are now fully reporting provides greater transparency and reinforces our commitment to the highest levels of corporate governance. I would like to thank our staff, auditors, legal advisors and other team members for all their hard work to make this possible. We have now put in place a highly scalable financial and operational infrastructure that should support our anticipated growth for years to come.”
LAKEWOOD, N.J., June 12, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today reported financial results, that were reviewed by Mazars, for the first quarter of 2020. The complete financials of Q1 have been filed with OTC Markets and are available at OTCMarkets.com.
LAKEWOOD, NJ, June 04, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“Reliance” or the “Company”) today announced that its strategic partner Nsure.com, America’s first licensed digital insurance agency®, has received a license to operate and sell insurance in the State of California. As a result, Nsure.com is now licensed in the States of Florida, Texas and California, with plans to further expand nationwide. Nsure.com is a licensed online insurance agency that utilizes state of the art digital technology to empower insurance consumers to compare rates across more than 40 top-rated insurance carriers and bind policies within minutes.
Call to be held at 4:30 PM Eastern Time on Wednesday, June 3, 2020
LAKEWOOD, N.J., June 03, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Reliance Global Group, Inc. (OTCQB: RELI) (“RELI” or the “Company”), today provided an update for shareholders and reminder that it will host a conference call at 4:30 PM Eastern Time on Wednesday, June 3, 2020 (dial-in information below). The call will include a more detailed update on the Company’s progress, including its real estate and insurance strategies, which will be followed by a question and answer session.
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