Reliance Global Group, Inc. (NASDAQ:RELI) Q4 2022 Earnings Call Transcript

Unidentified Analyst: You just recently raised $4 million. Did you get the close on that, you got the full $4 million? Or do you have to do with exercising the warrants to get the full $4 million?

Joel Markovits: Yes, we got the $4 million minus any cost to raise the funds. But no, there were warrants attached to the overall offering, but that didn’t impact the cash that we received when we closed.

Ezra Beyman: Yes. Nothing to do with the cash we received.

Operator: That concludes our Q&A session. I will now hand the conference back to management for closing remarks.

Joel Markovits: Thank you all. So, on behalf of Ezra and the entire Reliance team, I would like to thank you for your participation in this business update and 2022 financial results conference call. We are very excited about the company’s future and its growth prospects. We look forward to providing further updates as developments unfold. Thank you. Have a great rest of the day.

Operator: This concludes today’s event. You may disconnect at this time, and have a wonderful day. Thank you for your participation.