secwatch.observer — SEC 8-K summary
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Issuer:     Reliance Global Group, Inc. (EZRA)
CIK:        0001812727
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001493152-26-005906
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reliance Global Group signs definitive agreement to acquire 51% of post-quantum cybersecurity firm Enquantum
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- Definitive agreement to acquire 51% of Enquantum for $2.125M, payable in milestone tranches over ~10 months.
- Initial 8% ownership from $166K bridge note conversion and cash-funded issuance; monthly tranches target 48%.
- Final top-up from 48% to 51% paid with $125K in Reliance common stock, no cash proceeds.
- Transaction aligns with Scale51; Enquantum to be first tech portfolio under EZRA International Group.
- Enquantum holds patent for FPGA-based quantum-resistant encryption; closing expected within 30 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1812727/000149315226005906/0001493152-26-005906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1812727/000149315226005906/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-005906

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer