Reliance Global signs new LOI to sell Altruis

Q: Did Reliance Global Group (EZRA) complete the sale of Altruis’ operating assets?

No. Reliance Global Group, Inc. has only entered into a new non-binding letter of intent to sell substantially all operating assets of Altruis. The company states the proposed transaction remains subject to additional due diligence and negotiation and execution of definitive agreements.

Q: What happened to the initial LOI related to Altruis at Reliance Global Group (EZRA)?

The initial non-binding letter of intent with a third-party purchaser, covering a proposed sale of substantially all operating assets of Altruis, was terminated on August 14, 2026, including its exclusivity, confidentiality, and expense-allocation provisions.

Q: Does Reliance Global Group (EZRA) provide any assurances about completing the Altruis sale?

No. Reliance Global Group, Inc. includes forward-looking statements noting risks and uncertainties, including that it may not reach agreement on consideration or other terms, may not enter into any definitive agreement, and may not consummate the proposed Altruis transaction on any timeline or at all.

Reliance Global Group, Inc. (EZRA) reported changes in its plans for the Altruis Benefit Consulting subsidiary.

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Form Type

8-K

Rhea-AI Filing Summary

Reliance Global Group, Inc. (EZRA) reported changes in its plans for the Altruis Benefit Consulting subsidiary. A non-binding letter of intent signed on July 30, 2026 with one prospective buyer for the sale of substantially all operating assets of Altruis was terminated on August 14, 2026, including its exclusivity, confidentiality, and expense-allocation provisions.

On August 27, 2026, Reliance Global Group entered into a new non-binding letter of intent with a different third-party purchaser for a similar proposed sale of substantially all operating assets of Altruis. This proposed transaction has passed preliminary due diligence but remains subject to further due diligence and negotiation and execution of definitive agreements, with no assurance that a final transaction will be completed.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Initial LOI date: July 30, 2026 Termination date of initial LOI: August 14, 2026 New LOI date: August 27, 2026

3 metrics

Initial LOI date July 30, 2026 Date Reliance Global Group, Inc. entered into the first non-binding LOI for Altruis

Termination date of initial LOI August 14, 2026 Date the first LOI regarding Altruis and its related provisions were terminated

New LOI date August 27, 2026 Date a new non-binding LOI was entered with a different purchaser for Altruis

Key Terms

non-binding letter of intent, preliminary due diligence, definitive agreements, forward-looking statements, +1 more

5 terms

non-binding letter of intent financial

"entered into a non-binding letter of intent (the “LOI”) with a third-party"

A non-binding letter of intent is a preliminary document that outlines the main terms and expectations of a proposed transaction—such as a merger, acquisition, investment or partnership—without creating a legally enforceable obligation to complete the deal. Think of it as a written handshake or shopping list: it signals serious interest and sets the framework for negotiations and due diligence, which can move markets, but it does not guarantee the transaction will happen until a final, binding agreement is signed.

preliminary due diligence financial

"The proposed transaction has progressed through preliminary due diligence"

definitive agreements financial

"subject to, among other things, the completion of additional due diligence and the negotiation and execution of definitive agreements"

Definitive agreements are the final, legally binding contracts that set the exact terms of a corporate deal—such as a merger, acquisition, asset sale, or major financing. They matter to investors because signing them turns rough plans into concrete obligations that determine price, timing, required approvals and what happens if the deal falls through; think of them as the signed purchase contract in a house sale that makes the deal official and enforceable.

forward-looking statements regulatory

"contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Private Securities Litigation Reform Act of 1995 regulatory

"forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Reliance Global Group, Inc. (EZRA) announce regarding its Altruis subsidiary?

Reliance Global Group, Inc. announced that an earlier non-binding letter of intent to sell substantially all operating assets of Altruis Benefit Consulting was terminated on August 14, 2026, and a new non-binding letter of intent with a different purchaser was signed on August 27, 2026.

Did Reliance Global Group (EZRA) complete the sale of Altruis’ operating assets?

No. Reliance Global Group, Inc. has only entered into a new non-binding letter of intent to sell substantially all operating assets of Altruis. The company states the proposed transaction remains subject to additional due diligence and negotiation and execution of definitive agreements.

What are the key conditions remaining for the new Altruis transaction at EZRA?

Reliance Global Group, Inc. states that the new proposed Altruis transaction, though through preliminary due diligence, remains subject to completion of additional due diligence and the negotiation and execution of definitive agreements, with no assurance that any transaction will be consummated.

Does Reliance Global Group (EZRA) provide any assurances about completing the Altruis sale?

No. Reliance Global Group, Inc. includes forward-looking statements noting risks and uncertainties, including that it may not reach agreement on consideration or other terms, may not enter into any definitive agreement, and may not consummate the proposed Altruis transaction on any timeline or at all.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/27/2026 - 04:06 PM EDT Accepted by SEC EDGAR 08/27/2026 - 04:05 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 14, 2026

RELIANCE GLOBAL GROUP, INC.

(Exact Name of Registrant as Specified in Its Charter)

Florida		001-40020		46-3390293
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

300 Blvd. of the Americas, Suite 105 Lakewood, New Jersey		08701
(Address of Principal Executive Offices)		(Zip Code)

(732) 380-4600

(Registrant’s Telephone Number, Including Area Code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.086 per share		EZRA		The NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

As previously reported, on July 30, 2026, Reliance Global Group, Inc. (the “Company”) entered into a non-binding letter of intent (the “LOI”) with a third-party purchaser and its affiliates or owners (the “Buyer”), pursuant to which the Company would have sold substantially all of the operating assets of its Altruis Benefit Consulting (“Altruis”) subsidiary to the Buyer (the “Proposed Transaction”), as described in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on August 5, 2026 (the “Prior 8-K”).

On August 14, 2026, the LOI, including the exclusivity, confidentiality, and expense-allocation provisions, was terminated.

On August 27, 2026, the Company entered into a new non-binding letter of intent with a different third-party purchaser regarding the proposed sale of substantially all of the operating assets of Altruis. The proposed transaction has progressed through preliminary due diligence and remains subject to, among other things, the completion of additional due diligence and the negotiation and execution of definitive agreements.

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding, among other things, the proposed transaction involving Altruis. These statements are subject to risks and uncertainties, including as to agreement on consideration that may be received for or other economic terms of any transaction with respect to Altruis, that the Company may not enter into any definitive agreement with respect to Altruis or consummate the proposed transaction on the terms contemplated, on any particular timeline, or at all. Additional risk factors are discussed in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements except as required by law.

Item 9.01 Financial Statement and Exhibits.

(d) Exhibits

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	Reliance Global Group, Inc.

Dated: August 27, 2026	By:	/s/ Ezra Beyman
		Ezra Beyman
		Chief Executive Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents