Reliance Global Group - Subsidiary Sells Employee Benefits Insurance Assets To Altruis Benefit Management

By Reuters News

Sept 30 (Reuters) - Reliance Global Group Inc EZRA.O:

  • RELIANCE GLOBAL GROUP - SUBSIDIARY SELLS EMPLOYEE BENEFITS INSURANCE ASSETS TO ALTRUIS BENEFIT MANAGEMENT - SEC FILING

  • RELIANCE GLOBAL GROUP - DEAL VALUED AT $8 MILLION WITH $4.44 MILLION CASH, $3.10 MILLION NOTE, $300K INDEMNITY, $161K WORKING CAPITAL HOLDBACK - SEC FILING

  • RELIANCE GLOBAL GROUP - ALTRUIS ENTITLED TO EARNOUT PAYMENTS UP TO $1 MILLION OVER THREE YEARS BASED ON REVENUE GROWTH - SEC FILING

Further company coverage: EZRA.O

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