Deep-Dive Due Diligence AI Generated Report on Reliance Global Group, Inc. Common Stock (RELI)

Welcome to ScanScor. What you're reading is not just a stock summary -- it's a real-time, AI-generated due diligence session crafted from live news, financial data, insider trading activity, SEC filings, and live market momentum.

These reports are generated using OpenAI's GPT-based analysis engine, guided by tightly structured prompts and expert-level data ingestion. Every insight below was assembled to help you understand the forces behind today's market movers.

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Market Score
  25
Price Target
  $1.27
Squeeze Score
  15
Stock Type
  Speculative
Sentiment
  Bearish
Primary Catalyst
  Earnings report
Ethical Rating
  D
Tags
  high volatility, financial distress, operational challenges

Reliance Global Faces Steep Challenges Despite Trading Volume Spike

Summary: Reliance Global, despite a significant quarterly performance decline and a deeply negative ROE, shows some intriguing trading volume and week-over-week price recovery. Financial struggles are apparent with a high debt-to-equity ratio and substantial net losses, suggesting operational challenges.

RELI_OUT_1 [2025-04-28 05:56:45 -0400] 5836 Bytes | 1457 tokens | Cum: 1457 tkns (18.21% of 8k)
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We are in the 'Lightning Round' baby! It's 5:56 AM on Mon Apr 28, 2025, and I'm firing up the spotlight on Reliance Global (RELI), moving from $1.04 to $1.22. Is this a can’t-miss rocket or a one-hit wonder? Let’s dissect the numbers!

--- COMPANY PROFILE ---
Company: Reliance Global (RELI)
IPO: 2014-11-25 (10 Years Ago)
Market Cap: $2,968,919
Shares Outstanding: 2,980,000
Industry: INSURANCE AGENTS, BROKERS & SERVICE
Exchange: XNAS
Description: Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. The company focuses on growing by pursuing acquisition strategies, initially and focused on wholesale and retail insurance agencies. Its primary strategies is to identify specific risks to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows. The company generates revenue in the form of commissions.

Here’s a list of headlines for Reliance Global:

Mar-19-25 08:30AM - Reliance Global Group Launches RELI Auto Leasing Delivering ANY Vehicle to ANY Location in the United States
Mar-06-25 04:05PM - Reliance Global Group Reports 2024 Results and Provides Business Update
Mar-04-25 08:30AM - Reliance Global Group Schedules Fourth Quarter and Year Ended December 31, 2024 Financial Results and Business Update Conference Call
Feb-18-25 08:30AM - Reliance Global Group Expands RELI Exchange Commercial Quote & Bind InsurTech Platform Following Successful Beta Launch
Dec-24-24 08:40AM - Reliance Global reflects 2024, looks ahead to 2025
Dec-23-24 08:30AM - Reliance Global Group Reflects on a Transformative Year and Looks Ahead to 2025
Nov-08-24 02:30AM - Reliance Global Group Inc (RELI) Q3 2024 Earnings Call Highlights: Revenue Growth and Strategic ...
Nov-07-24 04:05PM - Reliance Global Group Reports Third Quarter 2024 Results and Provides Business Update
Nov-04-24 04:15PM - Reliance Global Group Schedules Third Quarter 2024 Financial Results and Business Update Conference Call
Sep-30-24 08:30AM - Reliance Global Group Launches Beta Version of Advanced Quote & Bind InsurTech Solution for Commercial Policies, Ahead of Schedule
Sep-09-24 08:30AM - Reliance Global Group Announces Enhanced Terms for Pending Spetner Acquisition
Jul-30-24 08:30AM - Reliance Global Group Announces Advanced Quote & Bind InsurTech Solution for Commercial Policies Launching in Q4 2024
Jul-26-24 10:53PM - RELI Stock Earnings: Reliance Global Group Misses Revenue for Q2 2024
Jul-25-24 04:05PM - Reliance Global Group Reports Second Quarter 2024 Results and Provides Business Update
Jul-19-24 08:30AM - Reliance Global Group Schedules Second Quarter 2024 Financial Results and Business Update Conference Call
Jul-17-24 08:30AM - Reliance Global Group Regains Compliance with Nasdaq Continued Listing Requirements
Jul-01-24 08:30AM - Reliance Global Group Announces Formation of New Real Estate Division Aimed at Expanding Operations
Jun-26-24 09:15AM - Reliance Global Group Announces Reverse Stock Split
Jun-24-24 08:15AM - Reliance Global Group Announces Withdrawal of Registration Statement
Jun-21-24 07:52AM - Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday
Jun-20-24 08:30AM - Reliance Global Group Announces Major Enhancement of Capital Structure Following Cashless Exercise of Warrants
Jun-20-24 08:30AM 07:28AM - Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Wednesday

Here's another list of headlines with menu handles.
I will deliver the full text of the following stories when you say their handle.
Just say, for example, B1, B2, etc.

B1 - 2024-09-09T12:30:00Z - Reliance Global Group Announces Enhanced Terms for Pending Spetner Acquisition
B2 - 2024-09-09T12:17:11Z - EXCLUSIVE: Reliance Global Cuts Cash Payment for Spetner Deal, Expects Revenue to Double
B3 - 2024-07-01T12:30:00Z - Reliance Global Group Announces Formation of New Real Estate Division Aimed at Expanding Operations
B4 - 2024-06-26T13:15:00Z - Reliance Global Group Announces Reverse Stock Split
B5 - 2024-06-24T12:15:00Z - Reliance Global Group Announces Withdrawal of Registration Statement
B6 - 2024-06-20T12:30:00Z - Reliance Global Group Announces Major Enhancement of Capital Structure Following Cashless Exercise of Warrants

==============
-> THE ROLE FOR AI:
==============

1) You are the **AI analyst-investigator**, and this interaction represents a full **due diligence session** for Reliance Global (RELI).
Due diligence includes financial data, insider trading, relevant news, and any SEC filings — and may extend beyond classic fundamentals.
Your task is to identify whether this stock has momentum and potential.

2) I am **ScanScor**, a unified report generator that archives this session as part of our real-time diligence record.

3) You will request information by referencing documents by their code.

4) As the analysis proceeds, your are encouraged to review documents until you feel confident in your judgment.
After seeing 3 sets of news articles, SEC docs, and financials, you'll be prompted to return some data pairs.

5) News articles, SEC filings, and key metrics will be revealed in subsequent prompts.

Stay focused. Gather evidence. Continue until your conclusions are clear.
Restrict all your responses to just 3 tokens until the summary and data pairs at the end.

NEXT: Request a document with its reference code(s), such as:
- `B1`, `B2`, `B3`, etc.
- To load a new set of information and menu options, reply with: `NEX`

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B2

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Showing B2 (chunk 1 of 1): B2:
**EXCLUSIVE: Reliance Global Cuts Cash Payment for Spetner Deal, Expects Revenue to Double**Date: Unknown DateSource: Unknown SourceURL: https://www.benzinga.com/m-a/24/09/40771541/exclusive-reliance-global-cuts-cash-payment-for-spetner-deal-expects-revenue-to-doubleReliance Global Group has reduced the upfront cash payment for its acquisition of Spetner Associates from $8 million to $5.5 million. The transaction is expected to close in the second half of 2024 and double Reliance's annual revenue to approximately $28 million.

Respond with ONLY ONE of the following (3 characters max):
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**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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NEX

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We present this news so you can catch the big movers from recently breaking news.
Here's a list of news articles you can literally read just by asking.
Usually the first item is the most important.

A1 - 2025-04-23T12:06:48Z - 12 Financials Stocks Moving In Wednesday's Pre-Market Session - AMTD IDEA (NYSE:AMTD), AGM Gr Hldgs ...

Request an article by its reference number. (Ex., "A1" gets the first item)
You may also say NEX to go to the next listing.
Response to this prompt limited to 3 chars.

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A1

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Showing A1 (chunk 1 of 4): A1:
**12 Financials Stocks Moving In Wednesday's Pre-Market Session - AMTD IDEA (NYSE:AMTD), AGM Gr Hldgs (NASDAQ:AGMH)**Date: 2025-04-23Source: {'uri': 'benzinga.com', 'dataType': 'news', 'title': 'Benzinga'}URL: https://www.benzinga.com/insights/movers/25/04/44946658/12-financials-stocks-moving-in-wednesdays-pre-market-sessionGainers

AGM Group Hldgs AGMH stock increased by 151.0% to $0.08 during Wednesday's pre-market session. The company's market cap stands at $3.2 million. Reliance Global Group RELI shares increased by 13.01% to $1.13. The company's market cap stands at $3.3 million. Republic Bancorp RBCAA stock increased by 11.86% to $73.99. The market value of their outstanding shares is at $1.4 billion. MicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038 FNGA shares increased by 11.74% to $330.27. Webull BULL stock rose 11.59% to $26.2. The company's market cap stands a

Respond with ONLY ONE of the following (3 characters max):
- `MOR` to continue this item
- `NEX` to move to the next set of documents
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**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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Showing A1 (chunk 2 of 4): t $12.0 billion. OceanFirst Financial OCFC stock increased by 10.91% to $17.99. The market value of their outstanding shares is at $1.0 billion.

Losers

MicroSectors FANG Index -3X Inverse Leveraged ETNs due January 8, 2038 FNGD shares declined by 10.7% to $14.6 during Wednesday's pre-market session. Top KingWin WAI stock declined by 9.63% to $0.14. The market value of their outstanding shares is at $26.4 million. Horizon Bancorp HBNC stock fell 8.11% to $12.81. The company's market cap stands at $563.8 million. The company's, Q1 earnings came out today. Santech Holdings STEC shares fell 7.99% to $0.88. The company's market cap stands at $24.6 million. Forge Global Holdings FRGE shares decreased by 6.86% to $11.0. The market value of their outstanding shares is at $137.9 million. AMTD IDEA AMTD stock declined by 6.67% to $0.98. The market value of their outstanding shares is at $64.7 mi

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**DO NOT SUMMARIZE. DO NOT EXPLAIN.** Wait until all data is presented.

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Showing A1 (chunk 3 of 4): llion. See Also: www.benzinga.com/money/best-financial-services-stocks/

This article was generated by Benzinga's automated content engine and reviewed by an editor.

AGMHAGM Group Holdings Inc

$0.0667122.3%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock - anytime.

Reveal Full Score

Edge Rankings

Momentum

0.31

Growth

-

Quality

-

Value

96.01

Price Trend

Short

Medium

Long

Overview

AMTDAMTD IDEA Group

$1.03-1.90%

BULLWebull Corp

$26.1511.4%

FNGAMicroSectors FANG Index 3X Leveraged ETNs due January 8, 2038

$331.5012.2%

FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due January 8, 2038

--%

FRGEForge Global Holdings Inc

$10.50-11.1%

HBNCHorizon Bancorp (IN)

$12.80-8.18%

OCFCOceanFirst Financial Corp

$18.0011.0%

RBCAARepublic Bancorp Inc

$74.0011.9%

RELIReliance Global Group Inc

$1.1313.0%

STECSantech Holdin

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Showing A1 (chunk 4 of 4): gs Ltd

$0.9547-0.03%

WAITop KingWin Ltd

$0.179011.9%

Market News and Data brought to you by Benzinga APIs

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NEX

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This is our list of SEC filings.
If empty, the search returned no recent filings.

S1 - 2025-03-06 10-K Ite m 7. Mgts Discussion and Analysis of Fin Cond and Results of Oper

Overview

Reliance Global Group, Inc. was incorporated in Florida on August 2, 2013 under the name Ethos Media Network, Inc. In September 2018, Reliance Holdings, purchased a control...

S2 - 2025-03-06 8-K Item 2.02. Results of Oper and Fin Cond.

On March 6, 2025, Reliance Global Group, Inc. issued a press release reporting its financial results for the fiscal year ended December 31, 2024, and providing a business update. A copy of this press release is attached ...

S3 - 2025-03-04 8-K Item 7.01 Regulation FD Disclosure .

On March 4, 2025, Reliance Global Group, Inc. (the Company) issued a press release announcing that it will host a conference call on Thursday, March 6, 2025, at 4:30 PM Eastern Time to discuss financial results for the fourth quarter and yea...

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S1

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Showing S1 (chunk 1 of 6): S1:
Ite m 7. Managements Discussion and Analysis of Financial Condition and Results of Operations

Overview

Reliance Global Group, Inc. was incorporated in Florida on August 2, 2013 under the name Ethos Media Network, Inc. In September 2018, Reliance Holdings, purchased a controlling interest in the Company. Ethos Media Network, Inc. was renamed Reliance Global Group, Inc. on October 18, 2018.

We operate as a diversified company engaging in business in the insurance market, as well as other related sectors. Our focus is to grow the Company by pursuing an aggressive acquisition strategy, initially and primarily focused upon wholesale and retail insurance agencies. We are led and advised by a management team that offers over 100 years of combined business expertise in real estate, insurance, and the financial service industry.

In the insurance sector, our management has extensive exp

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Showing S1 (chunk 2 of 6): erience acquiring and managing insurance portfolios in several states, as well as developing specialized programs targeting niche markets. Our primary strategy is to identify specific risk to reward arbitrage opportunities and develop these on a national platform, thereby increasing revenues and returns, and then identify and acquire undervalued wholesale and retail insurance agencies with operations in growing or underserved segments, expand and optimize their operations, and achieve asset value appreciation while generating interim cash flows.

As part of our growth and acquisition strategy, we continue to survey the current insurance market for value-add acquisition opportunities. As of December 31, 2024, we have acquired nine insurance agencies and long term, we seek to conduct all transactions and acquisitions through our direct operations.

Over the next 12 months, we plan to foc

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Showing S1 (chunk 3 of 6): us on the expansion and growth of our business through continued asset acquisitions in insurance markets and organic growth of our current insurance operations through geographic expansion and market share growth.

Further, we launched our 5MinuteInsure.com (5MI) Insurtech platform during 2021 which expanded our national footprint. 5MI is a high-tech proprietary tool developed by us as a business to consumer portal which enables consumers to instantly compare quotes from multiple carriers and purchase their car and home insurance in a time efficient and effective manner. 5MI taps into the growing number of online shoppers and utilizes advanced artificial intelligence and data mining techniques, to provide competitive insurance quotes in around 5 minutes with minimal data input needed from the consumer. The platform launched during the summer of 2021 and currently operates in 46 states o

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Showing S1 (chunk 4 of 6): ffering coverage with more than 30 highly rated insurance carriers.

With the acquisition of Barra, we launched RELI Exchange, our business-to-business (B2B) InsurTech platform and agency partner network that builds on the artificial intelligence and data mining backbone of 5MinuteInsure.com. Through RELI Exchange we on-board agency partners and provide them an InsurTech platform white labeled, designed and branded specifically for their business. This combines the best of digital and human capabilities by providing our agency partners and their customers quotes from multiple carriers within minutes. Since its inception, RELI Exchange, has increased its agent roster by close to 300%.

##TABLE_START 32 ##TABLE_END

Business Operations

Weve adopted a One-Firm strategy, whereby the Reliance owned and operated agencies come together to operate as one cohesive unit which allows for effici

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Showing S1 (chunk 5 of 6): ent and effective cross-selling, cross-collaboration, and the effective deployment of the Companys human capital. This strategy also aims to enhance the Companys overall market presence across the U.S., with all business lines operating under the RELI Exchange brand. Its expected to benefit agents and clients by improving relationships with carriers, leading to better commission and bonus contracts due to higher business volumes. The approach also strengthens the capability of RELI Exchange agency partners in securing diverse insurance policies and fosters increased cross-selling opportunities. This unified strategy positions the company for rapid scaling and integration of accretive acquisitions, expanding its industry reach.

Business Trends and Uncertainties

The insurance intermediary business is highly competitive, and we actively compete with numerous firms for customers, propert

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Showing S1 (chunk 6 of 6): ies and insurance companies, many of which have relationships with insurance companies, or have a significant presence in niche insurance markets that may give them an advantage over us. Other competitive concerns may include the quality of our products and services, our pricing and the ability of some of our customers to self-insure and the entrance of technology companies into the insurance intermediary business. A number of insurance companies are engaged in the direct sale of insurance, primaril...

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This is our set of metrics for Reliance Global.
Please analyze the numbers.

+--------------------+-----------------------+------------------------+----------------------+
| Volume: 468,733 | Perf Month: -7.81% | Option/Short: No / Yes | Sales Y/Y TTM: 2.35% |
+--------------------+-----------------------+------------------------+----------------------+
| Avg Volume: 71.18K | Perf Quarter: -46.36% | Short Float: 1.95% | ROE: -178.85% |
+--------------------+-----------------------+------------------------+----------------------+
| Rel Volume: 7.18 | Index: - | Short Ratio: 0.66 | ROI: -66.02% |
+--------------------+-----------------------+------------------------+----------------------+
| RSI (14): 52.65 | Market Cap: 3.51M | Short Interest: 0.05M | Sales Surprise: - |
+--------------------+-----------------------+------------------------+----------------------+
| ATR (14): 0.09 | Shs Outstand: 2.97M | Beta: -0.62 | EPS Surprise: - |
+--------------------+-----------------------+------------------------+----------------------+
| SMA20: 7.63% | Shs Float: 2.42M | Sales Q/Q: -0.73% | P/E: - |
+--------------------+-----------------------+------------------------+----------------------+
| SMA50: -8.81% | Inst Own: 2.35% | Sales past 5Y: 27.45% | Earnings: Mar 06 AMC |
+--------------------+-----------------------+------------------------+----------------------+
| SMA200: -44.63% | Insider Own: 18.63% | Employees: 64 | |
+--------------------+-----------------------+------------------------+----------------------+
| Perf Week: 16.26% | Insider Trans: -3.29% | Debt/Eq: 4.40 | |
+--------------------+-----------------------+------------------------+----------------------+

The next section covers any insider trading by Reliance Global officers or majority shareholders (if available).

Inside Trans: Reliance Global Group, Inc. (RELI) by Fruchtzweig Ben (Unknown Title) on 2025-02-05
- Common Stock: 10990 shares at $0 (D)

Inside Trans: Reliance Global Group, Inc. (RELI) by KORMAN SCOTT (Unknown Title) on 2025-02-05
- Common Stock: 10990 shares at $0 (D)

Inside Trans: Reliance Global Group, Inc. (RELI) by Brickman Sheldon (Unknown Title) on 2025-02-05
- Common Stock: 10990 shares at $0 (D)

Inside Trans: Reliance Global Group, Inc. (RELI) by Blumenfrucht Alex (Unknown Title) on 2025-02-05
- Common Stock: 3140 shares at $0 (D)

[Company Financial Summary]
[Company Details]
Name: N/A
Market Cap: N/A
Shares Outstanding: N/A
Sector: N/A

[Financial Statements - Latest Quarter]
Total Assets: N/A
Total Liabilities: N/A
Total Equity: N/A
Revenue (Quarter): {'value': 14054361.0, 'unit': 'USD', 'label': 'Revenues', 'order': 100}
Net Income: {'value': -9071584.0, 'unit': 'USD', 'label': 'Net Income/Loss', 'order': 3200}
Earnings Per Share (EPS): N/A

[Price Metrics - Last 30 Days]
Latest Close: 1.18
Average Volume: 64056.37
30-Day High: 1.24
30-Day Low: 0.998

[Detailed Financials: TTM 2024]
- Total Assets: $17,315,077.00
- Total Liabilities: $14,317,835.00
- Total Equity: $2,997,242.00
- Current Assets: $3,989,455.00
- Current Liabilities: $3,573,764.00

[Income Statement: TTM 2024]
- Revenue: $14,054,361.00
- Net Income: $-9,071,584.00
- Gross Profit: N/A
- Operating Income: $-7,695,319.00
- Earnings Per Share (EPS): -9.01

[Cash Flow Statement: TTM 2024]
- Net Cash Flow: $-941,217.00

[Detailed Financials: FY 2024]
- Total Assets: $17,315,077.00
- Total Liabilities: $14,317,835.00
- Total Equity: $2,997,242.00
- Current Assets: $3,989,455.00
- Current Liabilities: $3,573,764.00

[Income Statement: FY 2024]
- Revenue: $14,054,361.00
- Net Income: $-9,071,584.00
- Gross Profit: N/A
- Operating Income: $-7,695,319.00
- Earnings Per Share (EPS): -9.01

[Cash Flow Statement: FY 2024]
- Net Cash Flow: $-941,217.00
==== END OF FINANCIAL REPORT ====

You are now requested to write a summary analysis of Reliance Global (RELI).

Please complete the report using the exact format:
FIELD[value]

1) BRIEF_SUMMARY[]
One well-worded paragraph summarizing your findings about Reliance Global.

2) MARKET_SCORE[]
This conversation was initiated because RELI is currently experiencing upward price and volume movement.
Estimate a number between 1–100 based on the likelihood of a continued upward price move for RELI.
Weigh relevant data — news, filings, fundamentals, and metrics — and assign appropriate weight.

3) PRICE_TARGET[]
Suggest a price, based on all prior evidence and past price behavior, RELI could reach in the current or upcoming trading sessions (1–5 days).
For example, if you expect RELI to increase 50% from its current price of $0.00, say: PRICE_TARGET[0.0]

4) AI_RPT_HEADLINE[]
Write a thought-provoking 8–12 word headline summarizing this report.

5) SQUEEZE_POTENTIAL[]
Give a score from 1 to 100 representing the potential for this stock to become an active short squeeze play.
Be honest and unbiased. Consider short interest/float, price movement, volume, news strength, and volatility potential.

6) TAGS[]
List 3–6 comma-separated tags (e.g., biotech, earnings beat, squeeze setup)

7) STOCK_TYPE[]
Choose the most accurate classification: growth, value, turnaround, hype, squeeze, dividend, speculative, or other.

8) PRIMARY_CATALYST[]
e.g., earnings report, FDA approval, partnership, etc.

9) SENTIMENT[]
bullish, bearish, neutral, or mixed

10) IMPROVEMENT_SUGGESTION[]
If you believe some key info was missing, state what would have significantly improved your analysis of Reliance Global.

11) ETHICAL_RATING[]
Rate Reliance Global’s alignment with long-term shareholder interests, using a letter grade from A (high alignment) to F (low alignment).
Base this on actions such as insider buying/selling, share dilution, follow-through on public statements, and compensation practices.

12) UPCOMING_CATALYST[]
Specify any upcoming events you expect would be a catalyst affecting the share-price of Reliance Global.
Provide any reasons you can use to support it.

Return only: FIELD[value] for each of the above 12 questions.
Respond with all data pairs. Take your best guess if you have to, but don't leave blank items.
Do not explain your answers. Return only the required fields in the exact format shown.

Finally, thank you for participating!

RELI_IN_30 [2025-04-28 05:57:01 -0400] 896 Bytes | 186 tokens | Cum: 6728 tkns (84.10% of 8k)
==========================================================================

BRIEF_SUMMARY[Reliance Global, despite a significant quarterly performance decline and a deeply negative ROE, shows some intriguing trading volume and week-over-week price recovery. Financial struggles are apparent with a high debt-to-equity ratio and substantial net losses, suggesting operational challenges.]

MARKET_SCORE[25]

PRICE_TARGET[1.27]

AI_RPT_HEADLINE[Reliance Global Faces Steep Challenges Despite Trading Volume Spike]

SQUEEZE_POTENTIAL[15]

TAGS[high volatility, financial distress, operational challenges]

STOCK_TYPE[speculative]

PRIMARY_CATALYST[earnings report]

SENTIMENT[bearish]

IMPROVEMENT_SUGGESTION[More detailed insights on management strategies and operational adjustments would enhance the analysis.]

ETHICAL_RATING[D]

UPCOMING_CATALYST[Earnings report on March 06 could significantly influence stock price, especially given the current financial instability.]

RELI_IN_31 [2025-04-28 05:57:02 -0400] 126 Bytes | 29 tokens | Cum: 6757 tkns (84.46% of 8k)
==========================================================================

====================================
[2025-04-28 05:57:02] # Analysis Completed
Elapsed Time: 18.28 seconds




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