EZRA news

Reliance Global Group has fully repaid its Oak Street Funding term loan with proceeds from recent sales of assets and existing collateral. The transaction eliminates approximately $1 million in annual debt costs and leaves the company holding over $6 million in cash.

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…

Reliance Global Group sold a Montana agency for $2.625 million cash plus an earnout, using proceeds to strengthen its balance sheet and fund its proprietary AI platform alongside the pending sale of another agency.

Reliance Global Group entered a non-binding LOI to sell substantially all assets of Altruis Benefit Consulting for $11M in cash, expected to generate ~$7.6M of incremental cash after debt repayment and support future AI investments.

Reliance Global Group promotes Zack Wilder as CTO to head AI strategy. This executive move supports the company's dual focus on AI-native insurance products and agency roll-ups.

Reliance Global Group's common stock regained compliance with Nasdaq's minimum $1.00 bid price requirement after trading at or above that level for 10 consecutive business days. The company had previously failed the requirement in December 2025 but successfully restored its listing status through im…