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Reliance Global Group, Inc. 8-K Report: Key Equity Insights as of February 2025

$RELI
Form 8-K
Filed on: 2025-02-18
Source
Reliance Global Group, Inc. 8-K Report: Key Equity Insights as of February 2025

Based on the provided section of the financial report, here are the key insights and information extracted:

  1. Entity Information:
  • Name: Reliance Global Group, Inc.
  • CIK (Central Index Key): 0001812727
  • Location: 300 Blvd. of the Americas, Suite 105, Lakewood, NJ 08701
  • Contact Number: (732) 380-4600
  1. Report Type:
  • Filing Date: February 18, 2025
  • Form Type: 8-K (current report)
  1. Stock Information:
  • Common Stock Par Value: $0.86 per share
  • Warrants: Series A Warrants to purchase shares of Common Stock, also with a par value of $0.86 per share.
  • Trading Symbols: Common Stock (RELI), Series A Warrants (RELIW)
  • Exchange: NASDAQ
  1. Contextual Information:
  • The report references a specific context with the ID "AsOf2025-02-18," indicating that it pertains to the state of the company as of that date.
  • There are specific segments mentioned for the common stock and the series warrants, signifying distinct classes or categories of stock being reported.
  1. Document Structure:
  • The document utilizes XBRL (eXtensible Business Reporting Language), which is a standardized format for electronic submission of financial information to the SEC, enhancing the usability and accessibility of the data.
  1. Key Financial Metrics:
  • The report does not provide specific financial metrics, but it outlines the par value and classification of stock and warrants, which are essential for understanding the company's equity structure.

Insights:

  • The company is maintaining its capitalization through common stock and warrants, which can be indicative of ongoing financing activities or strategies to attract investment.
  • The par value of the stock and warrants suggests a commitment to a stable equity structure, which may enhance investor confidence.
  • The use of XBRL indicates that the company is adhering to modern reporting standards, which can facilitate better analysis and transparency for investors and analysts.

Overall, this financial report section highlights key aspects of Reliance Global Group's equity structure as of February 18, 2025, and positions the company within the regulatory framework of the SEC.