Reliance Global : Submission of Matters to a Vote of Security Holders - Form 8-K
April 03, 2024 at 04:35 pm EDT
Share
Item 5.07.
Submission of Matters to a Vote of Security Holders.
On April 3, 2024, Reliance Global Group, Inc. (the "Company") held a virtual special meeting of stockholders, originally scheduled for March 13, 2024 and adjourned to April 3, 2024, to vote on the following matters:
1. Articles Amendment to Increase in Authorized Shares
Stockholders voted to approve the potential issuance of shares of the Company's common stock in excess of 19.99% of our outstanding common stock pursuant to Nasdaq listing rules, in accordance with the voting results listed below:
For
Against
Abstain
Broker Non-Votes
2,209,431
164,648
43,472
-
2. 2024 Equity Incentive Plan
Stockholders voted to approve the 2024 Equity Incentive Plan, in accordance with the voting results listed below:
For
Against
Abstain
Broker Non-Votes
2,139,182
229,239
49,130
-
Attachments
Original Link
Permalink
Disclaimer
Reliance Global Group Inc. published this content on
03 April 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
03 April 2024 20:35:57 UTC.
Reliance Global Group, Inc. is a InsurTech company leveraging artificial intelligence (AI), and cloud-based technologies, to transform and enhance efficiencies in the insurance agency/brokerage industry. The Company is engaged in managing assets in the insurance markets, as well as other related sectors. The Companyâs business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools. The Companyâs business-to-consumer platform, 5minuteinsure.com (5MI), utilizes AI and data mining, to provide 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 throughout the United States, offering a variety of insurance products. 5MI is a business to consumer Website which enables consumers to compare and purchase car and home insurance.