Reliance Global Group, Inc. 8-K
Research Summary
AI-generated summary
Reliance Global Group (EZRA) Files Amendment to ATM Offering Prospectus
What Happened Reliance Global Group, Inc. (ticker: EZRA) filed an 8-K reporting that on February 6, 2026 it submitted Amendment No. 3 to the prospectus supplement (originally dated August 13, 2025) relating to an at-the-market (ATM) offering of its common stock. The amendment updates the company’s Form S-3 registration statement (File No. 333-275190) and supplements prior prospectus amendments and the base prospectus; it must be read together with those earlier documents.
Key Details
- The ATM Agreement (dated August 13, 2025) with H.C. Wainwright & Co., LLC allows sales of common stock up to an aggregate offering price of $1,764,443.
- Amendment No. 3 was filed with the SEC on February 6, 2026 and amends the prospectus supplement and related registration statement.
- The company previously offered and sold $2,343,660 of shares under General Instruction I.B.6 of Form S-3 in the prior 12-month period ending on the amendment date.
- Legal opinion on the validity of the shares from Zarif Law Group P.C. is attached as Exhibit 5.1 (consent included).
Why It Matters This filing preserves and updates the company’s ability to raise capital through an ATM program, giving Reliance Global Group flexibility to sell shares into the market as needed. For investors, use of the ATM can lead to future share issuance and potential dilution if the company sells additional shares; the filing also shows prior use of the facility ($2.34M sold in the past 12 months). The attached legal opinion adds standard confirmation regarding the validity of shares offered under the program.