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Reliance Global signs new LOI to sell Altruis operating assets after prior deal lapses

PUBT·08/27/2026 20:10:30
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Reliance Global signs new LOI to sell Altruis operating assets after prior deal lapses
  • Reliance Global Group entered a new non-binding LOI on Aug. 27, 2026 to sell Altruis Benefit Consulting operating assets.
  • The earlier LOI signed July 30, 2026 was terminated on Aug. 14, 2026, including exclusivity and confidentiality provisions.
  • The new process has advanced through preliminary due diligence; closing remains subject to additional diligence and definitive agreements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-040390), on August 27, 2026, and is solely responsible for the information contained therein.