
All-Cash Acquisition Completed; Company Remains Debt-Free Oblivus Provides On-Demand GPU Cloud Computing for AI Training and Inference and Operates a Proprietary GPU Marketplace Company Plans to Scale Rapidly From Approximately $1.5 Million in Annual Revenue, With Discussions Underway on Additional Growth Opportunities LAKEWOOD, NJ, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (“Reliance,” “EZRA” or the “Company”) today announced that it has completed the acquisition of the assets of Oblivus, a GPU cloud provider and marketplace operator,[ from Skyportal Inc.], marking the Company's entry into the AI cloud and infrastructure market. The acquisition closed on November 3, 2026, on the timeline announced in October, and was funded entirely in cash from cash on hand, with no shares of the Company's common stock issued as consideration for the acquired assets.










