Reliance Global shares surge 13.19% premarket after expanding $50M equity purchase facility with White Lion Capital.
ByAinvest
Wednesday, Mar 18, 2026 9:22 am ET1min read
EZRA--
Reliance Global Group (EZRA) surged 13.19% in premarket trading following the announcement that it expanded its equity purchase agreement with White Lion Capital to $50 million and extended the facility through December 31, 2028. The amendment, effective March 12, 2026, enhances the company’s liquidity and financial flexibility, supporting strategic operations. Additional settlements of legacy disputes in March 2026, including payments totaling $131,000, were also disclosed but appear to have had a secondary impact on the stock’s performance. The expanded capital access is seen as a key driver for the sharp premarket rally.
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