Reliance Global Group Announces Nasdaq Ticker Symbol Change from “EZRA” to “XGPU”
The completed Oblivus asset acquisition involved no Reliance common shares as consideration.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Reliance Global Group (EZRA) will change its Nasdaq ticker to XGPU at the opening of trading on November 10, 2026. Its common stock will remain on The Nasdaq Capital Market, with its CUSIP unchanged; shareholders need take no action.
The company links the change to its entry into GPU cloud and AI infrastructure through the November 3, 2026 acquisition of Oblivus assets from Skyportal. The all-cash purchase was funded from cash on hand through its newly formed, wholly owned subsidiary, GPU Exchange. Reliance is adopting GPU Exchange as its doing-business-as name and the acquired business's brand, while retaining its legal name. It plans to scale GPU computing capacity and grow the marketplace while continuing to operate, enhance and grow RELI Exchange.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointOblivus assets acquired November 3, 2026 establish Reliance's entry into GPU cloud and AI infrastructure.
- Moderate pointNo common shares were issued as consideration for the acquired assets.
- Minor point. Forward-looking: it has not happened yet and may not happen.GPU computing capacity and marketplace expansion are company-stated plans for the acquired business.
- Minor point. Forward-looking: it has not happened yet and may not happen.RELI Exchange remains in operation, with continued enhancement and growth planned.
Negative
- Moderate pointCash on hand funded the all-cash Oblivus asset purchase, using existing company funds.
Key Figures
- New ticker effective
- November 10, 2026
- XGPU begins trading at the open
Historical Context
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The completed Oblivus asset acquisition underlies the symbol change and marks the company's AI infrastructure entry.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
cusip financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Common Stock to Begin Trading Under New Symbol “XGPU” on November 10, 2026
LAKEWOOD, NJ, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Reliance Global Group, Inc. (Nasdaq: EZRA) (the “Company”) today announced that its ticker symbol on The Nasdaq Capital Market will change from “EZRA” to “XGPU”, effective at the open of trading on Tuesday, November 10, 2026. The Company’s common stock will continue to be listed on The Nasdaq Capital Market, and its CUSIP number will remain unchanged.
The ticker symbol change reflects the Company’s entry into the GPU cloud and artificial intelligence (“AI”) infrastructure market through its previously announced acquisition of the assets of Oblivus, a GPU cloud provider and marketplace operator, which was completed on November 3, 2026. In connection with this strategy, the Company is adopting “GPU Exchange” as its doing-business-as name, and the acquired business will operate under the GPU Exchange brand. The Company’s legal name will remain Reliance Global Group, Inc.
As previously announced, on November 3, 2026, the Company completed the acquisition of the assets of Oblivus from Skyportal Inc. through GPU Exchange Corp., a newly formed, wholly owned subsidiary of the Company, in an all-cash transaction funded from cash on hand, with no shares of the Company’s common stock issued as consideration for the acquired assets.
Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, commented, “With the transition of our ticker symbol to ‘XGPU,’ we are aligning the Company’s public identity with the AI infrastructure business we are building under the GPU Exchange brand. With the Oblivus acquisition complete, our focus is on execution: scaling GPU computing capacity, growing the GPU Exchange marketplace and creating long-term value for our shareholders.”
As the Company builds its AI infrastructure business, it continues to operate, enhance and grow its RELI Exchange Insurtech platform.
No action is required by the Company’s shareholders in connection with the ticker symbol change, and the Company’s common stock will begin trading under the new symbol on November 10, 2026.
About Reliance Global Group, Inc.
Reliance Global Group, Inc. (Nasdaq: EZRA) operates insurance and technology businesses and pursues opportunities to build and scale AI-related platforms. Through the acquisition of Oblivus, the Company has entered the GPU cloud and AI infrastructure market, which it plans to scale under the GPU Exchange brand. Additional information is available at https://www.relianceglobalgroup.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. You can identify these statements by terminology such as “may,” “should,” “could,” “would,” “will,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “continue,” “potential,” and similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding the timing and intended rationale of the Company’s ticker symbol change; the planned adoption of the GPU Exchange doing-business-as name; the integration and growth of the acquired business and the anticipated benefits of the acquisition; GPU fleet acquisition and deployment; marketplace growth; and the Company’s broader business, strategic and financial outlook.
These forward-looking statements are based on current expectations and assumptions that involve risks and uncertainties, including, among others, assumptions that the Company will be able to integrate and scale the acquired business; that the Company will be able to access capital on acceptable terms to fund its growth plans; and that market, economic, interest rate and regulatory conditions will remain sufficiently favorable. There can be no assurance that these assumptions will prove accurate.
Actual results could differ materially from those anticipated due to a variety of risks and uncertainties, including, without limitation, the risk that the ticker symbol change does not achieve its intended strategic or market perception objectives; volatility in the trading price of the Company’s common stock, including in connection with the change in trading symbol; the risk that the acquired business does not perform as anticipated, including the risk that its unaudited historical revenue is not indicative of future results; the Company’s limited operating history in the GPU cloud business; the risk of the loss of customers, GPU providers or key personnel in connection with the transfer of the business; the Company’s ability to integrate and rapidly scale the acquired business; the capital required to execute its growth plans, including the acquisition of a Company-owned GPU fleet, which may be funded through equity financings that would be dilutive to existing shareholders; the Company’s ability to access additional capital on acceptable terms, or at all; the Company’s ability to maintain compliance with the continued listing standards of The Nasdaq Capital Market; GPU availability, pricing and technological obsolescence; customer demand, utilization and competition; and general business, economic, market, interest rate and geopolitical conditions; as well as other risks described under “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as amended, the Company’s Quarterly Reports on Form 10-Q, and in other filings with the Securities and Exchange Commission.
You are encouraged to carefully review the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as amended, as well as its other filings with the Securities and Exchange Commission, for a more complete discussion of these and other risks and uncertainties. Except as required by law, Reliance Global Group, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:Crescendo Communications, LLC
Tel: +1 (212) 671-1020
Email: EZRA@crescendo-ir.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When does Reliance Global Group change its ticker from EZRA to XGPU?
The ticker changes from EZRA to XGPU at the open of trading on November 10, 2026. The common stock will remain listed on The Nasdaq Capital Market, and its CUSIP number will remain unchanged. Shareholders do not need to take any action.
Why is Reliance Global Group adopting the XGPU ticker?
Reliance links the new ticker to its entry into GPU cloud and AI infrastructure following the completed acquisition of Oblivus assets. It is adopting GPU Exchange as its doing-business-as name and the acquired business's brand, while its legal name remains unchanged.