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
-
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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 engaged in managing assets in the insurance markets, as well as other related sectors. The Company is focused on acquisition strategy, initially and primarily focused upon wholesale and retail insurance agencies. The Company's insurance operation focuses on the acquisition and management of insurance agencies throughout the United States. Its primary focus is to undervalue wholesale and retail insurance agencies with operations in growing or underserved segments, including healthcare and Medicare, as well as personal and commercial insurance lines. The Company has also developed 5MinuteInsure.com (5MI), an online platform. 5MI is a business-to-consumer Website, which enables consumers to compare and purchase car and home insurance in a time-efficient and effective manner. The platform is primarily live in approximately 44 states and offers coverage with up to 16 carriers.
RELIANCE GLOBAL GROUP, INC. 
