Reliance Global Group, Inc. has filed an amendment on May 30, 2024, to its prospectus supplement originally dated February 15, 2024, which itself supplements the prospectus dated November 7, 2023. This Amendment No. 1 is associated with the company's ongoing 'at the market offering' program and updates the amount of common stock that can be issued and sold. The company's common stock, with a par value of $0.086 per share, is traded on the Nasdaq under the symbol 'RELI'. As of the amendment date, the public float of Reliance Global Group's common stock was valued at $4,565,812, based on a per-share price of $0.53 as of April 4, 2024. The company has sold $696,061 worth of shares within the last 12 months under the General Instruction I.B.6 of Form...Show More

Reliance Global Group, Inc. has filed an amendment on May 30, 2024, to its prospectus supplement originally dated February 15, 2024, which itself supplements the prospectus dated November 7, 2023. This Amendment No. 1 is associated with the company's ongoing 'at the market offering' program and updates the amount of common stock that can be issued and sold. The company's common stock, with a par value of $0.086 per share, is traded on the Nasdaq under the symbol 'RELI'. As of the amendment date, the public float of Reliance Global Group's common stock was valued at $4,565,812, based on a per-share price of $0.53 as of April 4, 2024. The company has sold $696,061 worth of shares within the last 12 months under the General Instruction I.B.6 of Form S-3. The amendment allows the company to increase the maximum offering amount to $825,876, subject to the one-third public float limitation imposed by the SEC for companies with a public float under $75 million. The amendment also notes that if the public float exceeds $75 million, the company will no longer be subject to these limitations. Investors are advised to consider the risk factors detailed in the prospectus, prospectus supplement, and this amendment before investing.