# EDGAR Filing Document

**Accession Number:** 0001812727
**File Stem:** 0001641172-25-016307
**Filing Date:** 2025-6
**Character Count:** 12819
**Document Hash:** 327d35ed188245af7bd984ed8fdd4b41
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-016307.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001641172-25-016307

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20250624

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Reliance Global Group, Inc.
- **CENTRAL INDEX KEY:** 0001812727
- **STANDARD INDUSTRIAL CLASSIFICATION:** INSURANCE AGENTS BROKERS & SERVICES [6411]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 463390293
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40020
- **FILM NUMBER:** 251070206

**BUSINESS ADDRESS:**
- **STREET 1:** 300 BOULEVARD OF THE AMERICAS,
- **STREET 2:** SUITE 105
- **CITY:** LAKEWOOD
- **STATE:** NJ
- **ZIP:** 08701
- **BUSINESS PHONE:** 732-780-4647

**MAIL ADDRESS:**
- **STREET 1:** 300 BOULEVARD OF THE AMERICAS,
- **STREET 2:** SUITE 105
- **CITY:** LAKEWOOD
- **STATE:** NJ
- **ZIP:** 08701

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): **<u>June 24, 2025</u>**

**RELIANCE GLOBAL GROUP, INC.**

(Exact Name of Registrant as Specified in Its Charter)

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| | | |
|:---|:---|:---|
| **Florida** | **001-40020** | **46-3390293** |
| (State or Other Jurisdiction<br> of Incorporation) | (Commission <br> File Number) | (IRS Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **300 Blvd. of the Americas, Suite 105<br> Lakewood, New Jersey** | **08701** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

**<u>(732) 380-4600</u>**

(Registrant's Telephone Number, Including Area Code)

**<u>N/A</u>**

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, par value $0.86 per share | RELI | The NASDAQ Capital Market |
| Series A Warrants to purchase shares of Common Stock, par value $0.86 per share | RELIW | The NASDAQ Capital Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 1.01. Entry into a Material Definitive Agreement**

On June 24, 2025, Reliance Global Group, Inc. (the "Company") entered into an amendment (the "Credit Agreement Amendment") to its Revolving Credit Facility Agreement dated March 5, 2025, with YES Americana Group, LLC (the "Lender"). The Credit Agreement Amendment increases the loan commitment under the facility to $2,000,000 from $600,000.

In connection with the Credit Agreement Amendment, the Company also entered into an amendment (the "Note Amendment") to its Revolving Note dated March 5, 2025, in favor of the Lender. The Note Amendment reflects the revised loan commitment and provides that the principal amount payable under the Note will be the greater of $1,075,064 or the aggregate principal amount of all loans outstanding under the Revolving Credit Facility Agreement, as amended.

The foregoing descriptions of the Credit Agreement Amendment and the Note Amendment do not purport to be complete and are qualified in their entirety by reference to the full text of each of the Credit Agreement Amendment and Note Amendment, a copy of each of which is attached hereto as Exhibits 10.1 and 10.2, respectively.

**Item 9.01. Financial Statements and Exhibits.**

**(d) Exhibits**

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| | |
|:---|:---|
| Exhibit Number | Description |
| 10.1 | [Amendment, dated June 24, 2025, to the Revolving Credit Facility Agreement between the Company and YES Americana Group, LLC, dated March 5, 2025.](ex10-1.htm) |
| 10.2 | [Amendment, dated June 24, 2025, to the Revolving Note between the Company and YES Americana Group, LLC, dated March 5, 2025.](ex10-2.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Reliance Global Group, Inc.** | **Reliance Global Group, Inc.** |
| Dated: June 24, 2025 | By: | */s/ Ezra Beyman* |
|  |  | Ezra Beyman |
|  |  | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**AMENDMENT TO REVOLVING CREDIT FACILITY AGREEMENT**

THIS AMENDMENT dated as of June 24, 2025 (this "**Amendment**") to the Revolving Credit Facility Agreement, is made as of this March 5, 2025, (the "**Credit Agreement**") by and between YES Americana Group, LLC, a Delaware limited liability company ("**Lender**"), on the one hand, and Reliance Global Group, Inc., a Florida corporation ("**Borrower**"), on the other hand. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Note.

**WITNESSETH:**

WHEREAS, the parties previously entered into the Credit Agreement;

WHEREAS, Lender and Borrower intend to increase the Loan Commitment set forth in the Credit Agreement; and

WHEREAS, the parties wish to amend the Credit Agreement as set forth in this Amendment;

NOW, THEREFORE, in consideration of the rights and obligations contained herein, and for other good and valuable consideration, the adequacy of which is hereby acknowledged, the parties agree as follows:

**Section 1.** <u>Defined Terms</u>. The definition of "**Loan Commitment**" in Section 1.01 is hereby amended by amending and restating such definition as follows:

". . . means, on the Effective Date, two million and No/100 United States Dollars ($2,000,000.00).

**Section 2.** <u>No Other Modification.</u> All terms and conditions of the Credit Agreement not expressly modified herein will remain in full force and effect and constitute the legal, valid and binding obligations of the Parties

**Section 3.** <u>Entire Agreement</u>. This Amendment constitutes the entire agreement of the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and undertakings, both written and oral, between Borrower and Lender with respect to the subject matter hereof. Except as amended by this Amendment, the Credit Agreement shall continue in full force and effect.

**Section 4.** <u>Counterparts</u>. This Amendment may be executed and delivered (including by facsimile transmission or electronic copy) in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement.

[Remainder of Page Intentionally Left Blank; Signature Page Follows]

IN WITNESS WHEREOF, Borrower and Lender have caused this Amendment to be executed by as of the date first written above by their respective officers thereunto duly authorized.

---

| | |
|:---|:---|
| Reliance Global Group Inc. | Reliance Global Group Inc. |
| By: | /s/ Joel Markovits |
| Name: | Joel Markovits |
| Title: | Chief Financial Officer |

---

---

| | |
|:---|:---|
| YES Americana Group, LLC | YES Americana Group, LLC |
| By: | /s/ Debra Beyman |
| Name: | Debra Beyman |
| Title: | Sole Member |

---

[Signature Page to Revolving Credit Agreement Amendment]

## Exhibit 10.2

**Exhibit 10.2**

**AMENDMENT TO REVOLVING NOTE**

THIS AMENDMENT dated as of June 24, 2025 (this "**Amendment**") to the Revolving Note dated as of March 5, 2025, (the "**Note**") is made by and between YES Americana Group, LLC, a Delaware limited liability company ("**Lender**"), on the one hand, and Reliance Global Group, Inc., a Florida corporation ("**Borrower**"), on the other hand. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Note.

**WITNESSETH:**

WHEREAS, the parties previously entered into the Note;

WHEREAS, Lender and Borrower intend to increase the loan commitment amount set forth in the Credit Agreement; and

NOW, THEREFORE, in consideration of the rights and obligations contained herein, and for other good and valuable consideration, the adequacy of which is hereby acknowledged, the parties agree as follows:

**Section 1.** <u>The first paragraph of the Note shall be deleted and replaced entirely by the following language</u>:

FOR VALUE RECEIVED, Reliance Global Group, Inc., a Florida corporation (the "Borrower"), promises to pay to the order of YES Americana Group, LLC, a Delaware limited liability company (hereinafter, together with any holder hereof, "Lender"), on or before the Maturity Date (as defined below) (A) the <u>greater</u> of: (i) one million seventy-five thousand sixty four dollars ($1,075,064) and (ii) the aggregate principal amount of all Loans outstanding under and pursuant to that certain Revolving Credit Facility Agreement dated as of March 5, 2025, executed by and between Borrower and Lender, as amended from time to time (as amended, supplemented or modified from time to time, the "Credit Agreement"), and made available by Lender to Borrower at the maturity or maturities and in the amount or amounts stated on the records of Lender; together with (B) interest (computed on the actual number of days elapsed on the basis of a 360 day year) on the aggregate principal amount of all Loans and other Obligations outstanding from time to time, as provided in the Credit Agreement; and together with (C) all other Obligations due, owing and payable under the terms of the Credit Agreement and all other Loan Documents. Capitalized words and phrases not otherwise defined herein shall have the meanings assigned thereto in the Credit Agreement. The Lender and the Borrower may be referred to herein individually as a "Party" and collectively as the "Parties".

**Section 2.** <u>No Other Modification.</u> All terms and conditions of the Credit Agreement not expressly modified herein will remain in full force and effect and constitute the legal, valid and binding obligations of the Parties

**Section 3.** <u>Entire Agreement</u>. This Amendment constitutes the entire agreement of the parties hereto with respect to the subject matter hereof and supersedes all prior agreements and undertakings, both written and oral, between Borrower and Lender with respect to the subject matter hereof. Except as amended by this Amendment, the Credit Agreement shall continue in full force and effect.

**Section 4.** <u>Counterparts</u>. This Amendment may be executed and delivered (including by facsimile transmission or electronic copy) in one or more counterparts, and by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement.

[*Remainder of Page Intentionally Left Blank; Signature Page Follows*]

IN WITNESS WHEREOF, Borrower and Lender have caused this Amendment to be executed by as of the date first written above by their respective officers thereunto duly authorized.

---

| | |
|:---|:---|
| Reliance Global Group Inc. | Reliance Global Group Inc. |
| By: | /s/ Joel Markovits |
| Name: | Joel Markovits |
| Title: | Chief Financial Officer |

---

---

| | |
|:---|:---|
| YES Americana Group, LLC | YES Americana Group, LLC |
| By: | /s/ Debra Beyman |
| Name: | Debra Beyman |
| Title: | Sole Member |

---

[*Signature Page to Note Amendment]*