Reliance Global (RELI) announced the unanimous Board approval for its formation of EZRA International Group, a new division focused on acquiring controlling stakes and accelerating growth of high-tech Israeli companies, with an initial focus on the Cybersecurity, AI & Data Analytics, FinTech & InsurTech, as well as MedTech & Digital Health sectors. Through this initiative, the company said it intends to pursue a structured path toward value realization, which may include public listings, strategic spin-offs, or other monetization events designed to maximize shareholder value. “We believe the current market capitalization of the Company does not fully reflect the intrinsic value and historic cash flow of our insurance operations,” said Ezra Beyman, CEO of Reliance Global Group.
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