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Reliance Global Group, Inc. Announces Closing of $4.0 Million Private Placement

Retrieved on: 
Thursday, March 16, 2023
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Lakewood, NJ , March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced the closing of its previously announced private placement of common stock (or pre-funded warrants in lieu thereof) and warrants.

Key Points: 
  • Lakewood, NJ , March 16, 2023 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (NASDAQ: RELI; RELIW) (“Reliance” or the “Company”), which combines artificial intelligence (AI) and cloud-based technologies with the personalized experience of a traditional insurance agency, today announced the closing of its previously announced private placement of common stock (or pre-funded warrants in lieu thereof) and warrants.
  • The Company intends to use the net proceeds from the private placement for general working capital and administrative purposes.
  • EF Hutton, division of Benchmark Investments, LLC (“EF Hutton”) acted as exclusive placement agent for the offering.
  • Anthony L.G., PLLC acted as legal counsel to Reliance and Lucosky Brookman LLP acted as legal counsel to EF Hutton.

American Rebel Holdings, Inc. Announces Closing of $10.5 Million Public Offering

Retrieved on: 
Wednesday, February 9, 2022
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The Common Stock and Warrants are immediately separable from the Common Units and will be issued and traded separately.

Key Points: 
  • The Common Stock and Warrants are immediately separable from the Common Units and will be issued and traded separately.
  • EF Hutton, division of Benchmark Investments, LLC, acted as sole book-running manager for the offering.
  • A final prospectus relating to the offering was filed with the SEC and is available on the SECs website at http://www.sec.gov .
  • American Rebel operates primarily as a designer and marketer of branded safes and personal security and self-defense products.

American Rebel Holdings, Inc. Announces Pricing of $10.5 Million Public Offering and Nasdaq Listing

Retrieved on: 
Saturday, February 5, 2022
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Prior to the Nasdaq listing, the Companys Common Shares were listed on the OTCQB tier of the OTC Market Group, Inc. under the symbol AREB.

Key Points: 
  • Prior to the Nasdaq listing, the Companys Common Shares were listed on the OTCQB tier of the OTC Market Group, Inc. under the symbol AREB.
  • In connection with this offering, the Company will effectuate a reverse split of its issued and outstanding Common Shares at a ratio of 1-for-80.
  • The share numbers and pricing information in this release are adjusted to reflect the reverse stock split.
  • American Rebel operates primarily as a designer and marketer of branded safes and personal security and self-defense products.