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Reliance Global Group ( (RELI) ) has provided an update.
On August 26, 2025, Reliance Global Group, Inc. entered into a Common Stock Purchase Agreement with White Lion Capital, LLC, allowing the company to sell up to $10 million of newly issued common stock to White Lion. The agreement includes conditions such as an Exchange Cap and Beneficial Ownership Limitation to regulate the stock issuance. Additionally, a Registration Rights Agreement was established to facilitate the resale of shares by White Lion, with the company committing to file a registration statement within ten business days. This strategic move is expected to provide Reliance Global Group with financial flexibility and potentially enhance its market position.
The most recent analyst rating on (RELI) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Reliance Global Group stock, see the RELI Stock Forecast page.
Spark’s Take on RELI Stock
According to Spark, TipRanks’ AI Analyst, RELI is a Neutral.
Reliance Global Group faces substantial financial and technical challenges, with high leverage and negative cash flows. Despite positive strategic initiatives and corporate events aimed at improving financial health, the overall risk profile remains high, driven by bearish technical factors and poor valuation metrics.
To see Spark’s full report on RELI stock, click here.
More about Reliance Global Group
Average Trading Volume: 1,397,859
Technical Sentiment Signal: Strong Sell
Current Market Cap: $4.2M
Learn more about RELI stock on TipRanks’ Stock Analysis page.