Reliance Global Group executes 1-for-40 reverse stock split, slashing shares to 555K

Filed May 14, 2026 · Period ending May 12, 2026 · ~1 min read

Key Changes

• high

  Company completed 1-for-40 reverse stock split effective May 15, 2026, consolidating every 40 shares into 1 share. Trading on adjusted basis begins May 18. Typically signals effort to boost share price for exchange compliance or marketability.

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• high

  Outstanding shares drop from 22.2 million to approximately 555,764 shares. Each shareholder's proportional ownership and total market value remain unchanged—you'll own fewer shares worth proportionally more per share.

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• medium

  Authorized share count reduced to 50 million, limiting management's ability to issue new shares without shareholder approval. Provides some dilution protection but constrains flexibility for future capital raises.

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