Reliance Global grants 450,000 shares for new crypto advisory role
Reliance Global Group, Inc. entered into a six-month Advisory Agreement with Convergence Strategy Partners, LLC to support its digital asset treasury program and related blockchain and capital markets initiatives.
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Rhea-AI Filing Summary
Reliance Global Group, Inc. entered into a six-month Advisory Agreement with Convergence Strategy Partners, LLC to support its digital asset treasury program and related blockchain and capital markets initiatives. As compensation for these strategic advisory services, the company agreed to issue 450,000 shares of common stock to the Advisor or its designee, with 135,000 shares subject to forfeiture if certain termination conditions occur.
The Advisor will cause its president, Blake Janover, to serve as Chairperson of Reliance Global’s Crypto Advisory Board, formalizing oversight of its digital asset strategy. The Advisory Shares are being issued in a private transaction that has not been registered under the Securities Act and is being made in reliance on Section 4(a)(2) and/or Regulation D, with no underwriters or commissions involved. The company also furnished a press release detailing Janover’s appointment and the digital asset strategy.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreement did RELI enter into on November 18, 2025?
Reliance Global Group, Inc. entered into a six-month Advisory Agreement with Convergence Strategy Partners, LLC to receive strategic advice on its digital asset treasury program and related blockchain and capital markets initiatives.
Who is Blake Janover and what role will he have at RELI?
Blake Janover is the president of Convergence Strategy Partners, LLC and has been appointed as Chairperson of Reliance Global’s Crypto Advisory Board under the Advisory Agreement.
What is the purpose of RELI’s Crypto Advisory Board and DAT program?
The Crypto Advisory Board is intended to support Reliance Global’s digital asset treasury (DAT) program and related digital asset, blockchain, and capital markets strategies, with the Advisor providing strategic guidance in these areas.
What disclosure did RELI provide about Blake Janover’s appointment?
Reliance Global furnished a press release dated November 19, 2025 as an exhibit, announcing Blake Janover’s appointment as Chairperson of the Crypto Advisory Board and providing additional information about his background and the company’s digital asset strategies.
AI-generated analysis. How Rhea-AI works. Not financial advice.