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Reliance Global Group | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Hudson Bay Capital Management LP(0%),Sander Gerber(0%)

SEC ·  Feb 7 02:37

Summary by Futu AI

On December 31, 2023, Reliance Global Group, Inc. was the subject of a Schedule 13G/A filing with the Securities and Exchange Commission. The filing was made by Hudson Bay Capital Management LP and Sander Gerber, collectively referred to as the Reporting Persons. The filing indicated that as of the date of the event, the Reporting Persons had ceased to be the beneficial owner of more than five percent of Reliance Global Group's common stock, which has a par value of $0.086 per share. The Investment Manager, Hudson Bay Capital Management LP, previously may have been deemed to be the beneficial owner of the securities held by Hudson Bay Master Fund Ltd. However, Sander Gerber, the managing member of Hudson Bay Capital GP...Show More
On December 31, 2023, Reliance Global Group, Inc. was the subject of a Schedule 13G/A filing with the Securities and Exchange Commission. The filing was made by Hudson Bay Capital Management LP and Sander Gerber, collectively referred to as the Reporting Persons. The filing indicated that as of the date of the event, the Reporting Persons had ceased to be the beneficial owner of more than five percent of Reliance Global Group's common stock, which has a par value of $0.086 per share. The Investment Manager, Hudson Bay Capital Management LP, previously may have been deemed to be the beneficial owner of the securities held by Hudson Bay Master Fund Ltd. However, Sander Gerber, the managing member of Hudson Bay Capital GP LLC, which is the general partner of the Investment Manager, has disclaimed beneficial ownership of these securities. The filing was completed in accordance with Rule 13d-1(b) under the Securities Exchange Act of 1934, and the Reporting Persons have certified that the securities were acquired and held in the ordinary course of business, not with the purpose of changing or influencing the control of the issuer.

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