Reliance Global shares surge 17.00% after-hours as ticker changes to EZRA, signaling strategic shift toward tech acquisitions including Scentech.

Reliance Global Group surged 17.00% in after-hours trading following the announcement of its ticker symbol change to “EZRA” and the launch of EZRA International Group, a new division focused on acquiring technology companies in sectors like AI, cybersecurity, and MedTech. The strategic pivot, highlighted by the planned majority stake acquisition of Scentech—a diagnostics firm developing AI-based breath analysis technology—signals a shift toward high-growth opportunities. The CEO emphasized the move positions the company for transformative growth, leveraging its insurance holdings’ stable cash flow. The ticker change, effective January 26, 2026, aims to reflect the company’s evolution and attract investors to its technology-driven strategy, aligning with the stock’s sharp after-hours rally as traders reacted positively to the rebranding and expansion plans.