Reliance Global Group will change its NASDAQ ticker symbol to "EZRA" on January 26, 2026, to reflect strategic evolution.
Quiver AI Summary
Reliance Global Group, Inc. announced that it will change its NASDAQ ticker symbol from "RELI" to "EZRA" effective January 26, 2026. This change reflects the company's strategic shift, particularly with the formation of the EZRA International Group, which aims to acquire controlling stakes in breakthrough technology companies across various sectors such as cybersecurity, AI, FinTech, and MedTech. The initial focus of this strategy includes a proposed acquisition of a majority stake in Scentech, a company developing innovative AI diagnostics. CEO Ezra Beyman emphasized that this transition positions the company for growth while complementing its established insurance business. Shareholders will not need to take any action, as existing stock certificates will remain valid.
Potential Positives
- Change in ticker symbol to "EZRA" reflects the company's strategic evolution and new growth phase.
- Formation of the EZRA International Group aims to focus on acquiring technology companies, indicating a shift towards high-growth sectors.
- Initial acquisition plan for a majority stake in Scentech represents a significant move into artificial intelligence, showcasing the company's commitment to innovation.
- Continued listing on NASDAQ ensures accessibility for investors and stability during the transition process.
Potential Negatives
- Change of ticker symbol may indicate a significant shift in company strategy, which could be perceived negatively by investors expecting continuity.
- The success of the acquisition strategy hinges on several uncertain factors, including regulatory hurdles and market conditions, raising concerns about the company's ability to deliver on its promises.
- Forward-looking statements suggest potential challenges, including risks associated with acquiring early-stage technology companies and the company's overall ability to execute its growth strategy.
FAQ
What is the new ticker symbol for Reliance Global Group?
The new ticker symbol for Reliance Global Group will be “EZRA,” effective January 26, 2026.
Why is the ticker symbol changing?
The ticker symbol is changing to better reflect the Company’s strategic evolution and focus on technology acquisitions.
What is EZRA International Group?
EZRA International Group is a new division aimed at acquiring stakes in breakthrough technology companies across various sectors.
What acquisition is Reliance Global Group planning?
The Company plans to acquire a majority stake in Scentech, an AI diagnostics company focused on disease detection.
Will current share certificates remain valid after the symbol change?
Yes, existing share certificates will remain valid, and trading will continue seamlessly under the new symbol.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RELI Revenue
$RELI had revenues of $5.3M in Q3 2025. This is an increase of 68.58% from the same period in the prior year.
You can track RELI financials on Quiver Quantitative's RELI stock page.
$RELI Hedge Fund Activity
We have seen 5 institutional investors add shares of $RELI stock to their portfolio, and 8 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PRIVATE CAPITAL MANAGEMENT, LLC removed 148,532 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $136,649
- BLACKROCK, INC. added 130,232 shares (+25485.7%) to their portfolio in Q3 2025, for an estimated $119,813
- PRICE T ROWE ASSOCIATES INC /MD/ removed 14,948 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $13,752
- XTX TOPCO LTD removed 10,783 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $9,920
- UBS GROUP AG removed 9,371 shares (-54.7%) from their portfolio in Q3 2025, for an estimated $8,621
- CITIGROUP INC removed 8,156 shares (-99.3%) from their portfolio in Q3 2025, for an estimated $7,503
- XXEC, INC. added 7,448 shares (+inf%) to their portfolio in Q3 2025, for an estimated $6,852
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Company to Begin Trading Under New Symbol “EZRA” on January 26, 2026
Acquisition Strategy Offers Transformative Potential,
Complementing Cash Flow Foundation of Insurance Holdings
LAKEWOOD, NJ, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group , Inc. (Nasdaq: RELI) (the “Company”) today announced that its ticker symbol on the NASDAQ Capital Market will change from “RELI” to “EZRA”, effective at the open of trading on Monday, January 26, 2026. The Company’s common stock will continue to be listed on NASDAQ, and its CUSIP number will remain unchanged.
The ticker symbol change is intended to better reflect the Company’s strategic evolution, including the formation of EZRA International Group, a new division focused on acquiring controlling stakes and accelerating the growth of breakthrough technology companies, with an initial emphasis on businesses operating across sectors such as cybersecurity, artificial intelligence and data analytics, FinTech and InsurTech, as well as MedTech and digital health.
This strategic evolution is already underway through the Company’s recently announced plan to acquire a majority stake in Scentech, an artificial intelligence diagnostics company developing non-invasive, breath-based disease-detection technologies. The proposed Scentech transaction, structured around clinical, regulatory, and operational milestones, represents the Company's first anticipated acquisition under EZRA International Group and reflects the Company’s intention to pursue high-impact, technology-driven opportunities with significant long-term upside potential.
Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, commented, “With our transition of our ticker symbol to ‘EZRA’ we are positioning the Company for its next phase of growth. With the launch of EZRA International Group and our entry into the Scentech transaction, we are executing on a strategy designed to identify and scale breakthrough technologies that we believe can create meaningful, long-term value, complementing the stable, recurring cash flow of our current insurance holdings.”
No action is required by the Company’s shareholders in connection with the ticker symbol change. Existing share certificates will continue to be valid, and the Company’s common stock will trade seamlessly under the new symbol beginning January 26, 2026.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange , provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com , utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com .
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding the intended strategic rationale for the Company’s ticker symbol change; the formation, objectives and anticipated activities of EZRA International Group; the Company’s acquisition strategy and ability to identify, structure and complete acquisitions of technology-enabled businesses; the proposed acquisition of a majority interest in Scentech and the anticipated timing, structure and potential benefits thereof; the scalability and long-term value potential of acquired or targeted technologies; and the Company’s broader business, strategic and financial outlook.
These forward-looking statements are based on current expectations and assumptions that involve risks and uncertainties, including, among others, that the Company will be able to successfully execute its acquisition-driven growth strategy through EZRA International Group; that the proposed Scentech transaction will be completed on anticipated terms or at all; that anticipated clinical, regulatory, operational or commercial milestones will be achieved; that acquired or targeted businesses will perform as expected; that market, economic, interest rate and regulatory conditions will remain sufficiently favorable; and that the Company will be able to continue to access capital on acceptable terms and execute its broader business and capital markets strategy. There can be no assurance that these assumptions will prove accurate.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including, without limitation, the risk that the ticker symbol change does not achieve its intended strategic or market perception objectives; the risk that the Company is unable to consummate the proposed Scentech transaction or future acquisitions; unanticipated costs, liabilities or integration challenges associated with acquisitions; risks inherent in investing in early-stage or emerging technology companies; regulatory, clinical or commercialization risks applicable to medical, artificial intelligence or data-driven technologies; the Company’s ability to obtain additional financing on acceptable terms; competitive pressures; and general business, economic, market, interest rate and geopolitical conditions; as well as other risks described under “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as amended, the Company’s Quarterly Reports on Form 10-Q, and in other filings with the Securities and Exchange Commission.
You are encouraged to carefully review the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, as amended, as well as its other filings with the Securities and Exchange Commission, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
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Tel: +1 (212) 671-1020
Email:
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