Reliance Global Group Transitions to New Ticker Symbol EZRA in Strategic Move
Reliance Global Group, Inc., trading on the NASDAQ Capital Market as "RELI," will transition to the ticker symbol "EZRA" on January 26, 2026. Its common stock will continue to be listed on NASDAQ, maintaining its current CUSIP number. This change is part of Reliance's strategic initiative to realign with its new division, EZRA International Group, focusing on sectors like cybersecurity and AI-driven risk management technologies.
The transition is integral to Reliance's strategy to acquire controlling interests in technology-centric companies. A significant move is the planned acquisition of Scentech, which uses AI for non-invasive, breath-based disease diagnostics. This acquisition in the InsurTech space is structured around meeting clinical, regulatory compliance requirements and operational milestones. CEO Ezra Beyman emphasized the pursuit of technologies that enhance the company's solid cash flow from existing insurance operations.
For current shareholders, no action is required due to the ticker change; all existing share certificates remain valid. Trading with the new symbol will commence without interruption. Reliance Global leverages AI and cloud-based systems, enhancing its insurance underwriting and claims processes through platforms like RELI Exchange and 5minuteinsure.com, to meet industry demands effectively.
The company's forward-looking statements depend on various assumptions and risks, including the successful implementation of its growth strategy and the Scentech acquisition. Stakeholders can review recent SEC filings for detailed discussions on these risks. For further details, contact Crescendo Communications, LLC at +1 (212) 671-1020 or email RELI@crescendo-ir.com.