Reliance Global Group, Inc. — Form 8-K
Filed September 11, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 48/100
What the filing says
Reliance Global Group, Inc. (sole owner) sold Southwestern Montana Insurance Center LLC to Scali, LLC effective September 1, 2026. Per the Sixth Amendment to the Master Credit Agreement with Oak Street Funding LLC, 50% of sale proceeds ($1,207,324.67) were paid to Oak Street to reduce Loan ID 121393. Southwestern was removed as a borrower and all liens released; amendment fee of $15,000 was paid. Multiple personal guarantors (Debra S. Beyman, Ezra S. Beyman, Kush Benefit Solutions LLC, Reliance Global Group Inc., Reliance Global Holdings LLC, Reliance Insurtech LLC, Yaakov A. Beyman) reaffirmed their guarantees.
Why this rating
Asset sale reduces debt by ~23% of company market value ($1.2M ÷ $5.3M), meaningfully deleveraging but not transformational; modest positive for balance sheet health offset by loss of operating entity.
See more from September 11, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.