Reliance Global (EZRA) (RELI) Group announced that its ticker symbol on the NASDAQ Capital Market will change from “RELI” to “EZRA,” effective when markets open on Monday, January 26. The Company’s common stock will continue to be listed on NASDAQ and its CUSIP number will remain unchanged. The company said: “The change in stock symbol is intended to better reflect the strategic evolution of the Company, including the formation of EZRA International Group, a new division focused on acquiring majority stakes and accelerating the growth of cutting-edge technology companies, with an initial focus on companies operating in sectors such as cybersecurity, artificial intelligence and data analytics, FinTech and InsurTech, as well as MedTech and digital health. This strategic evolution is already underway through the Company’s recently announced plan to acquire a majority stake in Scentech, an artificial intelligence diagnostics company developing non-invasive breath-based disease detection technologies. The proposed transaction with Scentech, structured around clinical, regulatory and operational milestones, represents the Company’s first anticipated acquisition within the EZRA International Group and reflects the Company’s intention to pursue high-impact technology opportunities with significant long-term upside potential.
Published first on LaMouche – the ultimate source of real-time, up-to-the-minute financial information and market developments. Try now>>
See popular insider stocks on TipRanks >>
Learn more about RELI:
