Reliance Global expands equity plan 8x to 16M shares, approves Nasdaq dilution waiver

Filed May 7, 2026 · Period ending May 6, 2026 · ~1 min read

Key Changes

• high

  Shareholders approved expanding the 2025 Equity Incentive Plan by 14 million shares (from 2M to 16M total), an 8x increase that significantly expands the compensation pool and potential dilution for existing holders.

  Item 5.07: Annual Meeting Results verify on EDGAR →
• high

  Approved share issuance exceeding Nasdaq's 20% Exchange Cap under a Common Stock Purchase Agreement from August 2025, allowing the company to issue additional shares beyond normal limits without further shareholder votes.

  Item 5.07: Nasdaq Rule 5635(d) verify on EDGAR →
• low

  Five directors elected to one-year terms through 2027: Ezra Beyman, Alex Blumenfrucht, Scott Korman, Ben Fruchtzweig, and Sheldon Brickman, all receiving majority support from voting shares.

  Item 5.07: Director Elections verify on EDGAR →