RELI - What's Going On With Reliance Global Stock? | Benzinga
Reliance Global Group, Inc. (NASDAQ:RELI) shares are trading higher Tuesday after the company provided an update on the pending acquisition of Spetner Associates. The company projects the acquisition will close in the second half of 2024 and double its annual revenues to an estimated $28 million.
“We are excited to share that the anticipated impact of the pending Spetner Associates acquisition is surpassing our initial expectations. Spetner’s BenManage voluntary benefit insurance segment has expanded significantly, now covering 85,000 employees—a phenomenal increase from the 45,000 employee lives it covered ...