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8-K: Current report

8-K: Current report

8-K:重大事件
美股sec公告 ·  07/01 08:34
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On July 1, 2024, Reliance Global Group, Inc. announced the establishment of a new real estate division, marking a significant expansion of its operations. The company, known for its InsurTech platform and portfolio of insurance agencies, is diversifying into real estate with the aim of enhancing shareholder value and leveraging non-dilutive financing sources. Abe Miller, a seasoned real estate investor and M&A executive, has been appointed to lead the new division. Miller's compensation will be entirely success-based, aligning with the company's strategy of focusing on accretive and cash flow positive acquisitions. The announcement was made in conjunction with the company's Form 8-K filing with the SEC and was accompanied by a press release. The new division is set to launch following the closing of the Spetner acquisition and is expected to complement the company's existing insurance brokerage operations. Reliance Global Group's CEO, Ezra Beyman, expressed confidence in Miller's ability to drive the new initiative and contribute to the company's growth and profitability.
On July 1, 2024, Reliance Global Group, Inc. announced the establishment of a new real estate division, marking a significant expansion of its operations. The company, known for its InsurTech platform and portfolio of insurance agencies, is diversifying into real estate with the aim of enhancing shareholder value and leveraging non-dilutive financing sources. Abe Miller, a seasoned real estate investor and M&A executive, has been appointed to lead the new division. Miller's compensation will be entirely success-based, aligning with the company's strategy of focusing on accretive and cash flow positive acquisitions. The announcement was made in conjunction with the company's Form 8-K filing with the SEC and was accompanied by a press release. The new division is set to launch following the closing of the Spetner acquisition and is expected to complement the company's existing insurance brokerage operations. Reliance Global Group's CEO, Ezra Beyman, expressed confidence in Miller's ability to drive the new initiative and contribute to the company's growth and profitability.
2024年7月1日,Reliance Global Group,Inc.宣布成立一个新的房地产部门,标志着公司业务的重大扩展。该公司以其InsurTech平台和保险代理组合而闻名,正在多样化地进入房地产业,旨在增强股东价值并利用非稀释性融资来源。经验丰富的房地产投资者和M&A高管Abe Miller被任命为新部门的负责人。米勒的薪酬将完全基于成功,符合公司专注于增值且现金流为正的收购策略。该公告与公司向SEC提交的8-K表格一起发布,并附带一份新闻稿。新部门在完成Spetner收购后将启动,并预计将补充公司的现有保险经纪业务。Reliance Global Group的首席执行官Ezra Beyman表达了对Miller推动新计划和贡献公司增长和盈利能力的信心。
2024年7月1日,Reliance Global Group,Inc.宣布成立一个新的房地产部门,标志着公司业务的重大扩展。该公司以其InsurTech平台和保险代理组合而闻名,正在多样化地进入房地产业,旨在增强股东价值并利用非稀释性融资来源。经验丰富的房地产投资者和M&A高管Abe Miller被任命为新部门的负责人。米勒的薪酬将完全基于成功,符合公司专注于增值且现金流为正的收购策略。该公告与公司向SEC提交的8-K表格一起发布,并附带一份新闻稿。新部门在完成Spetner收购后将启动,并预计将补充公司的现有保险经纪业务。Reliance Global Group的首席执行官Ezra Beyman表达了对Miller推动新计划和贡献公司增长和盈利能力的信心。
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