$EZRA·8-K

Reliance Global Group, Inc. · Jun 3, 9:15 AM ET

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Reliance Global Group, Inc. 8-K

Research Summary

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Updated

Reliance Global Group Regains Nasdaq Minimum Bid Price Compliance

What Happened
Reliance Global Group, Inc. announced on its Form 8-K filed June 3, 2026 that Nasdaq has notified the company it has regained compliance with the $1.00 per share minimum bid price required for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). The company previously received a deficiency notice on December 12, 2025 for failing the $1.00 minimum for 30 consecutive business days. Nasdaq advised on June 2, 2026 that the closing bid price was at or above $1.00 for the 10 consecutive business days from May 18, 2026 through June 1, 2026, and informed the company the matter is closed. Reliance issued a press release on June 3, 2026 announcing the regained compliance (furnished as Exhibit 99.1).

Key Details

  • Nasdaq deficiency notice received: December 12, 2025 (below $1.00 for 30 consecutive business days).
  • Regaining compliance period: closing bid ≥ $1.00 for 10 consecutive business days from May 18, 2026 through June 1, 2026.
  • Nasdaq notification that matter is closed: June 2, 2026.
  • Company press release issued and filed: June 3, 2026 (Exhibit 99.1 to the 8-K).

Why It Matters
Regaining compliance removes the immediate risk of delisting tied to the minimum bid price rule, preserving the company's listing on the Nasdaq Capital Market. For investors, continued Nasdaq listing supports liquidity and access to public markets for trading and future capital raises; the company must continue to meet listing standards to avoid future notices.

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