Reliance Global Group Inc. (RELI) News
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RELI News Highlights
- RELI's 30 day story count now stands at 6.
- Over the past 6 days, the trend for RELI's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- PRE are the most mentioned tickers in articles about RELI.
Latest RELI News From Around the Web
Below are the latest news stories about RELIANCE GLOBAL GROUP INC that investors may wish to consider to help them evaluate RELI as an investment opportunity.
Reliance Global Group, Inc. Announces Closing of $4.0 Million Private PlacementLakewood, NJ , March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced the closing of its previously announced private placement of common stock (or pre-funded warrants in lieu thereof) and warrants. Under the terms of the securities purchase agreement, the Company sold 155,038 shar |
Reliance Global Group Projects Strong Revenue Growth of More Than 70% for Fiscal 2022LAKEWOOD, N.J., March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today provided preliminary revenue guidance for the 2022 fiscal year. The Company currently projects revenue for the 2022 fiscal year of more than $16.5 million, an increase of greater than 70% compared to 2021. Mr. Ezra |
Reliance Global Group Announces Launch of RELI UniversityLAKEWOOD, N.J., March 15, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance Global”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, announced the launch of RELI University, a new innovative communication and training tool developed by RELI Exchange. The new training platform for RELI Exchange agency partners is unique in the independent insuran |
Reliance Global Group Announces RELI Exchange Surpasses 200 Agency Partners Representing Over 200% Growth in Agency Partners Since July 2022LAKEWOOD, N.J., March 14, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that RELI Exchange, its business-to-business (B2B) InsurTech platform and agency partner network, has surpassed 200 agency partners, which represents a greater than 200% increase in agency partners since t |
Reliance Global Group, Inc. Announces Pricing of $4.0 Million Private Placement Priced At-the-Market Per Nasdaq RulesLakewood, NJ, March 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency,today announced that it has entered into a securities purchase agreement with a single institutional investor to raise gross proceeds of approximately $4.0 million through the private placement of 155,038 shares of common stock an |
Reliance Global Group Regains Compliance with Nasdaq Continued Listing RequirementsLAKEWOOD, N.J., March 10, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, announced that the Company received notice from Nasdaq on March 9, 2023, indicating that Reliance had regained compliance with the minimum bid price requirement under Nasdaq Rule 5550(a)(2). Mr. Ezra Beyman, Chairman and |
Reliance Global Group Announces 1-for-15 Reverse Stock SplitLAKEWOOD, N.J., Feb. 22, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced that on February 7, 2023, the Company’s Board of Directors approved a 1-for-15 reverse stock split (the “Reverse Stock Split”) of the Company’s common stock (the “Common Stock”) in order to regain complianc |
Reliance Global Group Announces Partial Conversion of Company Loan Beneficially Held by Company CEO Significantly Above Current Share PriceLAKEWOOD, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) ) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced the conversion of $645,000 of a $1.845 million Company loan (the “Note”), beneficially held by the Company’s CEO, Mr. Ezra Beyman, at $0.64 per share, significantly above the closing market price of $0.55 |
Reliance Global Group Expands its RELI Exchange Artificial Intelligence-Based InsurTech Platform with CRM IntegrationProvides enhanced sales tools and streamlines operations for agency partners Auto-population of customer data saves agents’ time, while providing customers more comprehensive insurance policy comparisons LAKEWOOD, N.J., Feb. 13, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) with the personalized experience of a traditional insurance agency, today announced that it has significantly enhan |
Reliance Global Group Announces Real-Time Life Insurance Quotes are Now Available through its InsurTech PlatformsRELI Exchange Agents and Customers are Now Able to Quickly Access Real-Time Life Insurance Quotes, with Minimal Data Input RELI Exchange Grows to Over 150 Agency Partners LAKEWOOD, NJ, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI; RELIW) (“Reliance”, “we” or the “Company”), which combines artificial intelligence (AI) with the personalized experience of a traditional insurance agency, today announced that it has added a real-time, life insurance quotation tool to bo |