UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in fiscal Year.
On November 27, 2023, Reliance Global Group, Inc., a Florida Corporation (the “Company”) filed a certificate of amendment (the “Certificate of Amendment”) to its Amended and Restated Articles of Incorporation (the “Articles of Incorporation”).
Pursuant to Section 607.1001 and Section 607.1006 of the Florida Business Corporation Act (the “FBCA”), effective as of November 27, 2023, the following amendments to the Articles of Incorporation include the following changes:
Increase in Authorized Shares
The Company has increased the aggregate number of shares which the Corporation shall have authority to issue is a total of two billion seven hundred and fifty million (2,750,000,000) shares consisting of two classes of stock, to be designated, respectively, “Common Stock” and “Preferred Stock,” with all of such shares having a par value of
$.086 per share.
Common Stock
The total number of shares of Common Stock that the Corporation shall have authority to issue is two billion (2,000,000,000) shares.
Preferred Stock
The total number of shares of Preferred Stock that the Corporation shall have the authority to issue is seven hundred fifty million (750,000,000) shares. The Preferred Stock may be issued in one or more series, each series to be appropriately designated by a distinguishing letter or title, prior to the issuance of any shares thereof.
The information set forth above is qualified in its entirety by reference to the actual terms of the Amended and Restated Articles, which are attached hereto as Exhibits 3.1, and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number |
|
Description |
3.1 | Amended and Restated Articles as filed on November 27, 2023. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
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 thereunto duly authorized.
Date: November 30, 2023 | Reliance Global Group, Inc. | |
By: | /s/ Ezra Beyman | |
Ezra Beyman | ||
Chief Executive Officer |