Summary by Moomoo AI
On December 31, 2023, Armistice Capital, LLC and its managing member Steven Boyd filed a Schedule 13G with the United States Securities and Exchange Commission, disclosing a 9.99% ownership stake in Reliance Global Group, Inc. The filing indicates that Armistice Capital, LLC and Steven Boyd collectively hold 395,583 shares of common stock in Reliance Global Group. The shares are held by Armistice Capital Master Fund Ltd., for which Armistice Capital, LLC acts as the investment manager, granting it voting and investment power over the securities. Steven Boyd, by virtue of his position, may also be deemed to beneficially own the securities held by the Master Fund. The filing was made in accordance with Rule 13d-1(b) of the Securities Exchange Act of 1934, which applies to certain investment advisers. The reported ownership does not signify an attempt to change or influence the control of Reliance Global Group, Inc. The filing was completed on February 14, 2024.