StockWatch
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Specialty Insurers
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.