Business
Reliance Global Group Authorizes the Formation of EZRA International Group, a New Division Focused on Accelerating Breakthrough Technology Companies
LAKEWOOD, NJ, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (the “Company”) today announced the unanimous Board approval for
About this update from Reliance Global Group, Inc.
[{"type":"text","content":"LAKEWOOD, NJ, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: RELI) (the “Company”) today announced the unanimous Board approval for its formation of EZRA International Group, a new division focused on acquiring controlling stakes and accelerating growth of high-tech Israeli companies, with an initial focus on the Cybersecurity, AI & Data Analytics, FinTech & InsurTech, as well as MedTech & Digital Health sectors. Through this initiative, the Company intends to pursue a structured path toward value realization, which may include public listings, strategic spin-offs, or other monetization events designed to maximize shareholder value. “We believe the current market capitalization of the Company does not fully reflect the intrinsic value and historic cash flow of our insurance operations,” said Ezra Beyman, Chief Executive Officer of Reliance Global Group. “The formation of EZRA International Group allows us to leverage both our public listing and anticipated cashflow to potentially provide our shareholders with exposure to the upside of innovative, high-growth technologies. The Board and management believe this strategy has the potential to unlock significant value for the Company’s shareholders. We look forward to providing further updates regarding EZRA International Group, including initial transactions, as developments occur.” EZRA International Group will focus on acquiring significant ownership stakes, enabling the Company to support and influence strategy, governance, capital formation, and execution. This approach is intended to position the Company to drive long-term growth and value creation across its portfolio. The Company believes that this strategy will benefit from leveraging ties and expertise in the Israeli innovation ecosystem. Recent moves by prominent venture capitalists hint at the depth of technical talent, entrepreneurial culture, and capital efficiency, aligning with EZRA International Group’s strategy of acquiring significant positions in businesses that can be scaled and supported into global capital markets access and entry. About Reliance Global Group, Inc. 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 C...