Reliance Global Group, Inc. (EZRA) Form 424B3 — Sep 24, 2026
Reliance Global Group (EZRA) filed a 424B3 prospectus registering up to 16,107,568 additional shares for resale by White Lion Capital under its $50 million equity line of credit, of which about $48.4 million remains available. The registered shares equal approximately 959% of the company's 1,679,936 shares outstanding as of August 26, 2026. Purchases under the ELOC are priced at the lowest traded price during a valuation period (or 90% of lowest price for fixed notices), so resales could exert severe downward pressure on the stock.
Key figures
- Gross Proceeds
- 48400000
- Offering Price
- 3.005
- Shares Offered
- 16107568
- Shares Outstanding
- 1679936
- Last sale price
- 2.69
- Commitment shares
- 122630
- Eloc remaining usd
- 48400000
- Eloc sold to date usd
- 1600000
- Reverse split ratio 2026
- 1:40
- Eloc total commitment usd
- 50000000
- Percent of outstanding registered
- 959%
AI analysis
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