Reliance Global Group closes $3M cash deal for Oblivus GPU cloud platform; ticker moving to XGPU

Reliance Global Group, Inc.

Buyer GPU Exchange Corp. paid $3,000,000 cash at closing from cash on hand to Skyportal Inc. for the Oblivus platform; no stock issued, company remains debt-free.
Up to $750,000 in earnouts: two $375,000 payments if average monthly cash revenue hits $79,000 (first six months) and $120,000 (next six months); first $375,000 escrowed.
Oblivus generated about $1.5 million of revenue in the twelve months ended September 2026, based on seller's unaudited records; Reliance targets substantial growth.
Founder Matthew Antoun signed a 12-month consulting deal: $250,000 cash, 5% of gross profit on counterparties he introduces, and up to $600,000 of stock tied to $5/$7/$10 share targets.
Nasdaq symbol switches from EZRA to XGPU at the open on November 10, 2026; DBA becomes GPU Exchange; seller and founder bound by two-year non-compete.

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