
InvestmentAug 6, 2026, 04:23 PM
Reliance Global Group Sells $716K in Stock to White Lion Capital
AI Summary
Reliance Global Group, Inc. sold 251,666 shares of its common stock to White Lion Capital, LLC, generating approximately $716,000 in gross proceeds. The shares were issued at prices between $2.79 and $2.90 per share under an existing purchase agreement. Following this transaction, the company has 1,601,770 shares of common stock issued and outstanding.
Key Highlights
- Reliance Global Group sold 251,666 shares of common stock.
- Aggregate gross proceeds from the sale were approximately $716,000.
- Shares were sold at prices ranging from $2.79 to $2.90 per share.
- The buyer was White Lion Capital, LLC.
- The sale was made under a Common Stock Purchase Agreement dated August 26, 2025.
- Post-issuance, the company has 1,601,770 shares of common stock outstanding.
Price Impact
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