EX-99.1 3 ex99-1.htm EX-99.1 Exhibit 99.1 Reliance Global Group Completes Strategic Sale of its EBS / USBA Business Unit Proceeds allocated to debt rationalization program and reinvestment - improvement in financial flexibility intended to accelerate new programs LAKEWOOD, N.J., December 29, 2025 - Reliance Global Group, Inc. (Nasdaq: RELI) (the “Company”) today announced that it has finalized the sale of two of its subsidiaries, Employee Benefits Solutions, LLC and U.S and Benefits Alliance, LLC (together, “EBS”), two non-core agencies located in Cadillac, Michigan. The successful transaction is part of a comprehensive balance sheet rationalization program, intended to enhance the Company’s ability to execute on new initiatives. Overall, the Company has been engaged in a strategy to focus efforts on areas that the Company believes will produce better outcomes. Since acquiring U.S. Benefits Alliance, LLC and Employee Benefits Solutions, LLC in 2019, Reliance has selectively integrated portions of the businesses that aligned with its long-term, technology-forward strategy into its core RELI Exchange platform. The transaction reflects the sale of only the remaining non-core c…
Open exhibit ↗Current Report · Items 1.01, 2.01, 9.01 · 8-K
Reliance Global Group, Inc.
EZRANASDAQEQUITYCurrent
Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets. The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
Company context
Reliance Global Group, Inc. (NASDAQ: RELI) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency/brokerage industry. The Company’s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company’s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. In addition, the Company operates its own portfolio of select retail “brick and mortar” insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. Further information about the Company can be found at https://www.relianceglobalgroup.com.
Current securities
Recent company filings
- Regulation FD DisclosureOct 13, 2026
- Regulation FD DisclosureOct 5, 2026
- Completion of Acquisition or Disposition of AssetsSep 30, 2026
- Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of AssetsSep 30, 2026
- 424B3 filingSep 24, 2026