Reliance sells Altruis Benefit Consulting for cash plus earnout to boost balance sheet
Reliance Global Group completed the sale of Altruis Benefit Consulting assets for $8 million cash and held a seller note. The note was paid in full on closing, reflecting continued execution of portfolio monetization. The strategic move enhances financial flexibility and capital investment in AI and the RELI Exchange network.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
START FREE — 10,000 calls/day, no key needed