EZRA News & Events

Reliance Global Group (EZRA) announced the appointments of Judah Korman as COO, Zack Wilder as Chief Technology Officer, and Mordy Beyman as Executive Vice President, alongside two additional engineers who join Wilder in forming the company's newly established AI product development team. As previously announced, Moshe Fishman, Senior Vice President of Insurtech, completes the team, bringing fluency in emerging Insurtech infrastructure that is transforming traditional insurance operations. Wilder previously led major engineering initiatives at Coinbase (COIN) and Capital One (COF) in support of core financial and authentication infrastructure.

Reliance Global Group Inc trading halted, news pending

Reliance Global approved a 1-for-40 reverse stock split of the company's common stock to regain compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq. The company was not required to obtain shareholder approval to effectuate the reverse stock split. The common stock will begin trading on Nasdaq on a reverse split-adjusted basis at the start of trading on May 18 under the symbol "EZRA" and under a new CUSIP number, 75946W 504. Upon implementation of the split, every 40 shares of the company's common stock will convert into one share of common stock without any change to the par value of 8.6c per share and the amount of common stock outstanding will be reduced from approximately 22,230,563 shares to approximately 555,764 shares.