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EZRABullishM&Anews

High materiality7/10

EZRA closes cash purchase of Oblivus, marks entry into AI cloud market

Nov 4, 2026, 8:53 AM EST1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Cash-funded acquisition and debt-free stance reduce balance-sheet risk while introducing AI cloud assets, which could drive revenue growth and multiple expansion if integration succeeds.

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What happened, with direct paths to the underlying reporting

Reliance Global Group, Inc. (EZRA) completed the all-cash acquisition of Oblivus on November 3, 2026, funded from cash on hand with no stock issued. Oblivus provides on-demand GPU cloud computing and operates a GPU marketplace, establishing EZRA’s entry into AI cloud infrastructure. Oblivus currently generates about $1.5 million in annual revenue, with management signaling additional growth opportunities for the combined platform.

EZRA completes all-cash acquisition of Oblivus; debt-free balance sheet preserved.
Acquisition closes Nov 3, 2026; funded entirely from EZRA’s cash on hand.
Oblivus revenue ~ $1.5 million annually; EZRA gains AI cloud exposure.
No equity issued; Oblivus adds GPU cloud and marketplace assets.

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