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Reliance Global Group announces 1-for-40 reverse stock split to meet Nasdaq bid rule

PUBT·05/14/2026 10:00:27
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Reliance Global Group announces 1-for-40 reverse stock split to meet Nasdaq bid rule
  • Reliance Global Group set a 1-for-40 reverse stock split to address Nasdaq’s $1 minimum bid price requirement.
  • Split becomes effective 5 p.m. ET May 15, 2026; shares start trading on a split-adjusted basis May 18 under symbol EZRA.
  • Shares outstanding expected to fall to about 555,764 from about 22,230,563; par value remains $0.086.
  • New CUSIP 75946W 504; options, warrants, and other incentive awards will be adjusted proportionally.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605140600PRIMZONEFULLFEED9719948) on May 14, 2026, and is solely responsible for the information contained therein.