Reliance Global Group acquires Oblivus assets for up to $3.75 million
EZRA•Reliance Global Group completed its acquisition of Oblivus's assets on November 3, 2026, for $3 million in cash plus up to $750,000 tied to revenue milestones. Oblivus generated approximately $1.5 million in revenue in the 12 months ended September 2026.
1. Acquisition terms
Reliance Global Group completed its acquisition of Oblivus's assets on November 3, 2026, entering the AI infrastructure market. It paid $3 million in cash at closing, with up to $750,000 in additional payments tied to revenue milestones during the 12 months after closing. The company used cash on hand, placed $375,000 of contingent payments in escrow and remains debt-free.
2. Oblivus revenue
Oblivus is a GPU cloud provider and marketplace operator. It generated approximately $1.5 million in revenue in the 12 months ended September 2026.
