Reliance Global Group, Inc. (EZRA) Form 8-K — Oct 23, 2026
$EZRAForm 8-KItems 5.02, 7.01, 8.01, 9.01Filed Oct 23, 2026, 4:05 PM ET0001493152-26-048229Original filing
Reliance Global Group (Nasdaq: EZRA) signed a non-binding LOI to acquire a GPU cloud and marketplace business for up to $3.75 million in cash, marking its entry into AI infrastructure. The deal is fully cash-funded with no shareholder dilution, and the company states it is debt-free with acquisition funding already in place. Due diligence is substantially complete and closing is anticipated in early November 2026. The company will rebrand as GPU Exchange and change its Nasdaq ticker from EZRA to XGPU.
Key figures
- Deal Value Usd
- 3750000
- Cash at closing
- 3000000
- Exclusivity days
- 60
- Escrow at closing
- 375000
- Korman grant value
- 300000
- Deferred payment 12mo
- 375000
- Ezra beyman grant value
- 1058000
- Founder consulting fees
- 250000
- Mordy beyman grant value
- 150000
- Optional investment in seller
- 500000
- Comp settlement ezra beyman partial
- 440000
AI analysis
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