Reliance Global Group signs LOI to acquire a GPU cloud provider
EZRA•Reliance Global Group signed a letter of intent to acquire a GPU cloud provider, with $3.38 million payable at closing and $375,000 after 12 months; it plans to rebrand as GPU Exchange and change its Nasdaq ticker to XGPU.
1. Proposed acquisition
Reliance Global Group signed a letter of intent to acquire a GPU cloud provider. The company said $3.38 million would be payable at closing and $375,000 after 12 months. It plans to rebrand as GPU Exchange and change its Nasdaq ticker to XGPU.
