Reliance Global Group Acquires Oblivus Assets for Up to $3.75 Million

• Reliance Global Group completed its acquisition of Oblivus's assets on November 3, 2026, entering the AI infrastructure market.
• Terms include $3 million cash at closing and up to $750,000 tied to revenue milestones during the 12 months following closing.
• The acquisition used cash on hand, with $375,000 of contingent payments placed in escrow; the company remains debt-free.
• Oblivus, a GPU cloud provider and marketplace operator, generated approximately $1.5 million in revenue in the 12 months ended September 2026.

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: 0001493152-26-050810), on November 09, 2026, and is solely responsible for the information contained therein.