# Reliance Global Group acquires Oblivus: acquisition

Canonical ID: `d488a121-de5a-49cc-834e-69d4c3015411`

Reliance Global Group bought the assets of Oblivus, a GPU cloud provider and marketplace operator, from Skyportal Inc. through its new subsidiary GPU Exchange Corp. It paid $3,000,000 in cash at closing, with up to $750,000 more contingent on revenue milestones. The business operates under the GPU Exchange brand.

- **Structure:** asset purchase
- **Status:** completed
- **Valuation:** $3.0M
- **Verification posture:** reported

## Parties

- **Acquirer:** [Reliance Global Group](https://registry.deploy.report/companies/reliance-global-group.md)
- **Acquired:** [Oblivus](https://registry.deploy.report/companies/oblivus.md)

## Timeline

- **Closed:** 2026-11-03

## Acquired assets (1)

- **product line:** Oblivus on-demand GPU cloud platform and GPU marketplace

## Sources (2)

1. https://relianceglobalgroup.com/2026/11/04/reliance-global-group-completes-acquisition-of-oblivus-marking-its-entry-into-the-ai-infrastructure-market/ · 2026-11-04
2. https://relianceglobalgroup.com/2026/11/09/reliance-global-group-announces-nasdaq-ticker-symbol-change-from-ezra-to-xgpu/ · 2026-11-09


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