Reliance Global Group closes initial 8% stake in Enquantum with path to 51% control

Reliance Global Group, Inc.

Acquired ~8% equity of Enquantum Ltd. via conversion of $166K bridge note and cash investment.
Amendment No. 1 grants Reliance sole discretion to accelerate any milestone tranche funding at any time.
CEO Ezra Beyman appointed to Enquantum's board effective February 23, 2026.
Enquantum develops hardware-accelerated, NIST-aligned post-quantum cryptographic solutions.
First platform acquisition under EZRA's Scale51 operating model targeting majority control.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Reliance Global Group, Inc. entered into Share Purchase Agreement with Enquantum Ltd. valued at acquisition of up to 51% equity interest; initial ~8% stake; $166,000 bridge note conversion plus ad (effective 2026-02-23).

Action: entry
Agreement: equity purchase
Counterparty: Enquantum Ltd.
Value: acquisition of up to 51% equity interest; initial ~8% stake; $166,000 bridge note conversion plus ad
Effective: 2026-02-23

Exact text from the filing

As previously announced on February 5, 2026, Reliance Global Group, Inc., a Florida corporation (the “Company”), entered into a Share Purchase Agreement (the “Share Purchase Agreement”) with Enquantum Ltd., an Israeli company (“Enquantum”), pursuant to which the Company agreed to acquire, subject to specified milestone criteria and other customary conditions, up to 51% of Enquantum’s issued and outstanding share capital on a fully diluted basis.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Reliance Global Group, Inc. amended Amendment No. 1 to Share Purchase Agreement with Enquantum Ltd. valued at Company granted right to accelerate milestone tranche funding at its sole discretion (effective 2026-02-19).

Action: amendment
Agreement: equity purchase
Counterparty: Enquantum Ltd.
Value: Company granted right to accelerate milestone tranche funding at its sole discretion
Effective: 2026-02-19

Exact text from the filing

In connection with the Closing, on February 19, 2026, the Company and Enquantum entered into Amendment No. 1 to the Share Purchase Agreement (“Amendment No. 1”).

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Source: SEC EDGAR

accession 0001493152-26-007959

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