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8-K: Current report

8-K: Current report

8-K:重大事件
美股sec公告 ·  06/20 08:32
Moomoo AI 已提取核心訊息
On June 20, 2024, Reliance Global Group, Inc. announced the redemption of all outstanding Series B and Series G warrants by its final large institutional investor, leading to a simplified capital structure with no significant institutional warrant holders or overhang. CEO Ezra Beyman highlighted the cashless exercise of these warrants, which converted into a reduced number of common stock shares without the need for transaction incentives. Beyman expressed confidence that this development, along with the planned acquisition of Spetner Associates expected to double annualized revenues to $28 million, will unlock value for shareholders. Reliance Global Group, an InsurTech company, leverages AI and cloud technologies to enhance efficiency in the insurance industry through platforms like RELI Exchange for businesses and 5minuteinsure.com for consumers, in addition to operating physical insurance agencies.
On June 20, 2024, Reliance Global Group, Inc. announced the redemption of all outstanding Series B and Series G warrants by its final large institutional investor, leading to a simplified capital structure with no significant institutional warrant holders or overhang. CEO Ezra Beyman highlighted the cashless exercise of these warrants, which converted into a reduced number of common stock shares without the need for transaction incentives. Beyman expressed confidence that this development, along with the planned acquisition of Spetner Associates expected to double annualized revenues to $28 million, will unlock value for shareholders. Reliance Global Group, an InsurTech company, leverages AI and cloud technologies to enhance efficiency in the insurance industry through platforms like RELI Exchange for businesses and 5minuteinsure.com for consumers, in addition to operating physical insurance agencies.
2024年6月20日,全球保險科技公司以斯拉控股宣佈,最後一位大型機構投資者贖回了所有未行使的B系列和G系列權證,導致簡化後的資本結構中不再有重大機構掌握的權證或懸掛單。首席執行官以斯拉•貝曼強調了這些權證的無現金行權,這些權證轉換爲數量減少的普通股份,無需交易激勵。貝曼表示,這一發展趨勢,加上計劃中的Spetner Associates收購預計將使年化收入翻倍至2,800萬美元,將爲股東開啓價值之門。全球保險科技公司利用人工智能和雲計算技術,通過RELI交易所和5minuteinsure.com這樣的平台,爲企業和消費者提供增強保險業務效率的服務,此外還經營着實體保險代理。
2024年6月20日,全球保險科技公司以斯拉控股宣佈,最後一位大型機構投資者贖回了所有未行使的B系列和G系列權證,導致簡化後的資本結構中不再有重大機構掌握的權證或懸掛單。首席執行官以斯拉•貝曼強調了這些權證的無現金行權,這些權證轉換爲數量減少的普通股份,無需交易激勵。貝曼表示,這一發展趨勢,加上計劃中的Spetner Associates收購預計將使年化收入翻倍至2,800萬美元,將爲股東開啓價值之門。全球保險科技公司利用人工智能和雲計算技術,通過RELI交易所和5minuteinsure.com這樣的平台,爲企業和消費者提供增強保險業務效率的服務,此外還經營着實體保險代理。
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