Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from Reliance Global Group (RELI) is now available.
Reliance Global Group, Inc. has announced a 1-for-17 reverse stock split, set to take effect after the Nasdaq market closes on June 28, 2024. This adjustment will also decrease the company’s authorized shares in the same ratio, without requiring shareholder approval. Post-split, the number of outstanding common shares will drop from about 15.7 million to around 921,000, but the par value and terms remain unchanged. Trading on a split-adjusted basis will commence on July 1, 2024.
For an in-depth examination of RELI stock, go to TipRanks’ Stock Analysis page.
