Reliance Global Group Announces New LOI to Sell Altruis Assets

What Happened

• Reliance Global Group, Inc. (EZRA) filed an 8-K reporting that on August 27, 2026 it entered into a new non‑binding letter of intent (LOI) with a different third‑party purchaser to sell substantially all of the operating assets of its Altruis Benefit Consulting (Altruis) subsidiary.
• The filing notes that the Company previously executed a separate LOI on July 30, 2026 (disclosed in an August 5, 2026 8-K) which was terminated on August 14, 2026, including termination of exclusivity, confidentiality and expense‑allocation provisions.
• The proposed transaction under the new LOI has progressed through preliminary due diligence but remains subject to additional due diligence and the negotiation and execution of definitive agreements.

Key Details

• New LOI executed: August 27, 2026.
• Prior LOI dates: entered July 30, 2026; terminated August 14, 2026.
• Target: sale of substantially all operating assets of Altruis Benefit Consulting.
• Status: non‑binding LOI; preliminary due diligence complete; no definitive agreement or economic terms disclosed.

Why It Matters

• A completed sale of Altruis’s operating assets could materially affect Reliance Global Group’s future revenue, assets and operations, depending on the sale price and structure.
• At this stage there is no binding agreement and no disclosed consideration, so investors should treat the matter as potential and watch for future SEC filings that disclose definitive terms, any proceeds, and the expected timing or accounting impact.
• The company included standard forward‑looking disclaimers and said it has no obligation to update forward‑looking statements except as required by law.