{"id":185753,"date":"2026-02-09T08:07:00","date_gmt":"2026-02-09T13:07:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/02\/09\/reliance-global-group-to-acquire-51-of-enquantum\/"},"modified":"2026-02-09T08:25:08","modified_gmt":"2026-02-09T13:25:08","slug":"reliance-global-group-to-acquire-51-of-enquantum","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/02\/09\/reliance-global-group-to-acquire-51-of-enquantum\/","title":{"rendered":"Reliance Global Group to acquire 51% of Enquantum"},"content":{"rendered":"

Reliance Global Group to acquire 51% of Enquantum<\/a><\/p>\n

https:\/\/www.stocktitan.net\/news\/EZRA\/reliance-global-group-signs-definitive-agreement-to-acquire-o6d1fj1ddx3h.html<\/a><\/p>\n

Publish Date: 2026-02-09 08:07:00<\/a><\/p>\n

Source Domain: www.stocktitan.net<\/a><\/p>\n

Author: <\/a><\/p>\n

Using an unordered list, summarize the following article with between 4 and 8 key points. <\/p>\n

Reliance Global Group (Nasdaq: EZRA) signed a definitive agreement to acquire a 51% controlling interest in post-quantum cybersecurity company Enquantum, with an aggregate purchase price of $2,125,000 payable over ~10 months via milestone-tied tranches.The deal implies a $2,041,667 pre-money valuation and $9.8018 per-share purchase price; initial close yields an 8% fully diluted stake (including conversion of a $166,000 bridge note). Closing expected within 30 days and remains subject to customary conditions.<\/p>\n

Loading…<\/p>\n

Loading translation…<\/p>\n

Positive<\/p>\n

Acquisition targets a 51% controlling stake with $2,125,000 aggregate purchase price<\/p>\n

Deal structured as milestone-tied tranches over ~10 months, aligning payments with execution<\/p>\n

Initial 8% fully diluted ownership at closing, enabling immediate strategic influence<\/p>\n

Enquantum holds a 2025 patent for FPGA-based quantum-resistant encrypted communications<\/p>\n

Negative<\/p>\n

Reliance must satisfy monthly milestones to reach full 51% control, creating execution risk<\/p>\n

Final control top-up expected via issuance of Reliance common stock, implying potential dilution<\/p>\n

+47.84%
\n Since News<\/p>\n

$0.24
\n Last Price<\/p>\n

$0.15
\n $0.25<\/p>\n

Day Range<\/p>\n

+$951K
\n Valuation Impact<\/p>\n

$3M
\n Market Cap<\/p>\n

5.4x
\n Rel. Volume<\/p>\n

Following this news, EZRA has gained 47.84%, reflecting a significant positive market reaction.<\/p>\n

Our momentum scanner has triggered 25 alerts so far, indicating elevated trading interest and price volatility.<\/p>\n

The stock is currently trading at $0.24.<\/p>\n

This price movement has added approximately $951K to the company’s valuation.<\/p>\n

Trading volume is exceptionally heavy at 5.4x the average, suggesting very strong buying interest.<\/p>\n

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.<\/p>\n

Controlling stake
\n 51% ownership<\/p>\n

Target fully diluted ownership in Enquantum under definitive agreement<\/p>\n

Purchase price
\n $2,125,000<\/p>\n

Aggregate price to acquire 51% fully diluted ownership, paid in tranches<\/p>\n

Per-share price
\n $9.8018 per share<\/p>\n

Implied purchase price per Enquantum share in the agreement<\/p>\n

Pre-money valuation
\n $2,041,667<\/p>\n

Pre-money valuation for Enquantum reflected in the agreement<\/p>\n

Initial stake
\n 8% fully diluted<\/p>\n

Ownership expected at initial closing combining note conversion and cash<\/p>\n

Bridge note
\n $166,000<\/p>\n

Previously issued secured bridge note converting into Enquantum shares<\/p>\n

Milestone period
\n 10 months<\/p>\n

Anticipated period for milestone-based tranches to reach 51%<\/p>\n

Patent grant year
\n 2025<\/p>\n

Year Enquantum was granted FPGA-based encrypted communications patent<\/p>\n

$0.1620
\n Last Close<\/p>\n

Volume
\n Volume 2,357,821 is below the 20-day average of 4,397,651 (relative volume 0.54x) ahead of this acquisition news.<\/p>\n

low<\/p>\n

Technical
\n Shares at $0.162 are trading below the $0.21 200-day MA and sit 52.49% under the 52-week high, about 8% above the 52-week low.<\/p>\n

Date
\n Event
\n Sentiment
\n Move
\n Catalyst<\/p>\n

Feb 04<\/p>\n

Strategy launch<\/p>\n

Positive<\/p>\n

-7.8%<\/p>\n

Launch of Scale51 model for 51% stakes via EZRA International Group.<\/p>\n

Feb 02<\/p>\n

Operating metric update<\/p>\n

Positive<\/p>\n

-14.2%<\/p>\n

36% YoY increase in personal lines P&C written premium through RELI Exchange.<\/p>\n

Feb 02<\/p>\n

Operating metric update<\/p>\n

Positive<\/p>\n

-14.2%<\/p>\n

72% increase in health insurance policies written during 2025 open enrollment.<\/p>\n

Jan 30<\/p>\n

Operating metric update<\/p>\n

Positive<\/p>\n

+9.8%<\/p>\n

Reported 72% YoY rise in health policies and broker network expansion.<\/p>\n

Jan 29<\/p>\n

Equity offering<\/p>\n

Neutral<\/p>\n

+5.8%<\/p>\n

Closed $2.0M public offering of shares and warrants for general purposes.<\/p>\n

Pattern Detected
\n Recent strategic and operating updates often saw negative or mixed next-day moves, including declines following positive growth metrics.<\/p>\n

Recent Company History
\n Over the past weeks, Reliance issued several updates highlighting growth and capital actions. On Jan 29, it closed a $2.0M public offering. Subsequent releases on Jan 30 and Feb 2 detailed a 72% increase in health policies and a 36% rise in P&C written premiums, yet shares fell around these dates. On Feb 4, Reliance launched the Scale51 model for 51% tech acquisitions, also followed by a drop. Today\u2019s Enquantum deal operationalizes that strategy.<\/p>\n

The stock is surging +47.8% following this news. A strong positive reaction aligns with Reliance\u2019s move from outlining Scale51 to executing a concrete 51% control deal in Enquantum. Past updates, such as the Scale51 launch on Feb 4 and growth metrics on Feb 2, saw mixed price responses despite fundamentally positive tone. Any sharp upside would need to balance enthusiasm for quantum-resilient cybersecurity exposure with awareness of recent capital raises and the staged, milestone-based nature of this acquisition.<\/p>\n

post-quantum cryptography<\/p>\n

technical<\/p>\n

“a post-quantum cryptography technology company addressing a rapidly developing shift”<\/p>\n

Post-quantum cryptography is a set of new methods for scrambling data so it stays secure even if powerful quantum computers exist; think of replacing today\u2019s locks with designs that a future high\u2011speed lockpicker cannot open. For investors, it matters because companies must upgrade systems, meet regulations, and protect customer and trade data\u2014creating costs, competitive advantages, or legal and reputational risks depending on how quickly and effectively they adopt these new security standards.<\/p>\n

quantum-enabled attacks<\/p>\n

technical<\/p>\n

“as quantum-enabled attacks may compromise widely deployed encryption methods”<\/p>\n

Quantum-enabled attacks are cyberattacks that use powerful quantum computers or quantum techniques to break current digital protections, speed up data-cracking, or enable new ways to disrupt systems. For investors this matters because such attacks can expose sensitive customer or intellectual-property data, interrupt operations, and force costly upgrades to quantum-resistant security \u2014 like a new kind of master key that can suddenly open many existing digital locks, changing risk and valuation across sectors.<\/p>\n

post-quantum security<\/p>\n

technical<\/p>\n

“The Company believes the transition to post-quantum security is shifting from theoretical”<\/p>\n

Post-quantum security is the set of methods and standards designed to protect digital information from powerful future computers that use quantum physics. Think of it as upgrading a lock to one that cannot be picked by a new kind of super-advanced burglar; for investors, it matters because failing to adopt these protections can lead to data breaches, regulatory fines, costly system overhauls, and loss of customer trust that can hurt a company\u2019s value.<\/p>\n

fpga-based<\/p>\n

technical<\/p>\n

“a patent covering FPGA-based encrypted communications utilizing quantum-resistant techniques”<\/p>\n

FPGA-based means a product or system uses a field-programmable gate array (FPGA), a type of chip that can be reconfigured after manufacture to perform different computing tasks. Think of it like a toolbox whose tools can be rearranged for new jobs: this gives companies flexibility to add features, fix bugs, or optimize performance without replacing hardware. For investors, FPGA-based designs can speed time-to-market, reduce long-term upgrade costs, and affect margins and supply risks compared with fixed-purpose chips.<\/p>\n

quantum-resistant<\/p>\n

technical<\/p>\n

“FPGA-based encrypted communications utilizing quantum-resistant techniques”<\/p>\n

Quantum-resistant describes tools, algorithms, or systems designed to keep data and digital communications secure even against future quantum computers, which can solve certain problems much faster than today\u2019s machines. Like swapping a padlock for one built to foil a new kind of burglar, quantum-resistant technology matters to investors because it protects customer data, intellectual property and transaction systems from future breach risks, preserving value, regulatory compliance and competitive advantage.<\/p>\n

AI-generated analysis. Not financial advice.<\/p>\n

02\/09\/2026 – 08:07 AM<\/p>\n

Reliance Anticipated to Become a Majority Owner in a Quantum-Resilient Cybersecurity Company as Adoption is Expected to AccelerateLAKEWOOD, N.J., Feb. 09, 2026 (GLOBE NEWSWIRE) — Reliance Global Group, Inc. (Nasdaq: EZRA) (\u201cwe,\u201d \u201cus,\u201d our,\u201d the \u201cCompany\u201d or \u201cReliance\u201d) today announced that it has signed a definitive agreement to acquire over time a controlling interest in Enquantum Ltd., a post-quantum cryptography technology company addressing a rapidly developing shift in global cybersecurity standards. The agreement follows Reliance\u2019s previously announced term sheet and although ongoing, we believe our due diligence review of Enquantum is largely complete and has reinforced our belief in this acquisition. We expect the transaction to close within 30 days. This definitive agreement follows the Company\u2019s recent announcement of the launch of its Scale51 operating and acquisition strategy, and is subject \u00a0to customary closing conditions. The continued advancement of quantum computing is intensifying scrutiny of existing cryptographic standards, as quantum-enabled attacks may compromise widely deployed encryption methods that underpin modern digital infrastructure. The Company believes the transition to post-quantum security is shifting from theoretical planning to near-term deployment decisions, driving increased urgency across governments, enterprises, and infrastructure operators responsible for protecting sensitive data, communications, and mission-critical systems. We believe these decisions are increasingly relevant across financial services, cloud and AI infrastructure, global communications networks, and public-sector systems, including insurtech platforms, where encryption underpins day-to-day operations. This accelerating demand underscores the strategic timing of Scale51\u2019s focus on control-oriented acquisitions in high-impact technology markets. Under the agreement, in exchange for certain milestone payments, Reliance will acquire a 51% controlling ownership position in Enquantum through its wholly-owned subsidiary, EZRA International Group, its strategic division for building and scaling high-impact technology companies. Reliance\u2019s aggregate purchase price to acquire the 51% fully diluted target ownership is $2,125,000, payable in tranches tied to specified monthly operational and commercialization milestones over an anticipated 10-month period. The agreement reflects a purchase price of $9.8018 per share and a pre-money valuation of $2,041,667 for Enquantum. At the initial closing, Reliance expects to obtain an initial 8% fully diluted ownership position, including (i) conversion of a previously issued $166,000 secured bridge note into Enquantum ordinary shares representing 4% of Enquantum on a fully diluted basis and (ii) a cash-funded issuance representing an additional 4% fully diluted ownership. Thereafter, subject to Reliance\u2019s satisfaction of the applicable milestone criteria and other closing conditions, Enquantum expects to issue additional ordinary shares to Reliance in connection with monthly tranches generally designed to increase Reliance\u2019s fully diluted ownership by 4% per month through 48%. The agreement also provides for a final \u201ccontrol top-up\u201d designed to increase Reliance\u2019s ownership from 48% to 51% fully diluted, which is expected to be satisfied through issuance of Reliance common stock to Enquantum. Reliance will have the right to appoint a majority of the board of the directors of Enquantum upon the achievement and funding of certain milestones, subject to the terms of the definitive agreement and Enquantum\u2019s governing documents. The transaction directly aligns with the Company\u2019s Scale51 operating model, which emphasizes majority ownership paired with hands-on support across execution, governance alignment, and U.S. market expansion. Upon closing, we anticipate Enquantum \u00a0will become the first operating platform within EZRA International Group\u2019s technology portfolio.\u00a0 Enquantum is developing hardware-accelerated, NIST-aligned post-quantum cryptographic solutions designed to address the performance, latency, and throughput constraints that can limit software-only approaches. Its architecture is built to support high-throughput and terabit-scale network environments, enabling organizations to transition toward post-quantum security while preserving operational performance. In 2025, Enquantum was granted a patent covering FPGA-based encrypted communications utilizing quantum-resistant techniques, strengthening its intellectual property position and technical differentiation. Ezra Beyman, Chairman and Chief Executive Officer of Reliance Global Group, stated, \u201cWe believe Enquantum\u2019s technology is designed to address a real and growing requirement for post-quantum security in performance-sensitive environments. With this definitive agreement and our ability to acquire a 51% majority controlling interest, we believe we are positioned to shift our focus from assessment to execution. With the recent launch of Scale51, this transaction will represent a tangible first step in executing our strategy and demonstrates how we intend to translate that framework into action.\u201d Moshe Fishman, Senior Vice President, Strategic Ventures, added, \u201cPost-quantum cryptography is no longer a purely academic concern. Enquantum\u2019s hardware-accelerated approach is designed to integrate into existing network architectures while maintaining the performance standards required by enterprise, infrastructure, and public-sector operators. We believe this execution-focused design is well aligned with how adoption is beginning to take shape. Upon closing and achievement of predefined milestones, Reliance expects to hold a controlling equity position, further reinforcing EZRA\u2019s Scale51 platform as an active, execution-oriented growth platform rather than a passive investment approach.\u201d Reliance views post-quantum cybersecurity as an opportunity across infrastructure-intensive markets, including large-scale data centers, regulated financial systems, global communications networks, and public-sector environments where performance, resilience, and compliance are critical. Through the Scale51 framework, the Company intends to provide hands-on operational support and disciplined capital allocation as Enquantum advances product development, commercialization, and market expansion. Upon closing, Reliance expects to provide strategic and operational influence over product development, commercialization, and market expansion initiatives as Enquantum advances execution through the EZRA International Group platform. The transaction remains subject to customary closing conditions, including ongoing due diligence. Reliance will provide additional updates as appropriate and in accordance with applicable disclosure requirements. About Reliance Global Group, Inc. Reliance Global Group, Inc. (NASDAQ: EZRA) is an InsurTech pioneer, leveraging artificial intelligence (AI), and cloud-based technologies, to transform and improve efficiencies in the insurance agency\/brokerage industry. The Company\u2019s business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies an entire suite of business development tools, enabling them to effectively compete with large-scale national insurance agencies, whilst reducing back-office cost and burden. The Company\u2019s business-to-consumer platform, 5minuteinsure.com, utilizes AI and data mining, to provide competitive online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance.\u00a0 In addition, the Company operates its own portfolio of select retail \u201cbrick and mortar\u201d insurance agencies which are leaders and pioneers in their respective regions throughout the United States, offering a wide variety of insurance products. In addition to its insurance and Insurtech operations, Reliance operates EZRA International Group, its strategic growth platform focused on identifying, acquiring, and building majority or controlling stakes in high-growth technology companies. EZRA International Group is designed to complement Reliance\u2019s core insurance business by expanding market reach and supporting long-term shareholder value creation through disciplined capital allocation and active ownership. Further information about the Company can be found at https:\/\/www.relianceglobalgroup.com. Further information about the Company can be found at https:\/\/www.relianceglobalgroup.com. No Offer or Solicitation. This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Forward-Looking Statements This press release contains \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by the use of words or expressions such as \u201cmay,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cwill,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201ccontinue,\u201d \u201cseek,\u201d \u201cpotential,\u201d \u201ctarget,\u201d or similar expressions. Forward-looking statements in this press release include, without limitation, statements regarding: the Company\u2019s ability to acquire, over time, a controlling equity and governance interest in Enquantum Ltd. pursuant to the definitive share purchase agreement; the timing, structure, funding and completion of milestone-based tranches and the final control top-up; the Company\u2019s ability to satisfy or waive applicable closing conditions; anticipated board composition and governance rights following the achievement and funding of specified milestones; the development, performance, scalability, commercialization and market adoption of Enquantum\u2019s post-quantum cryptographic technology; the size, growth, timing and evolution of the post-quantum cybersecurity market; the Company\u2019s ability to fund and execute its Scale51 acquisition strategy and integrate Enquantum within EZRA International Group; the anticipated strategic, operational and financial benefits of the transaction; and the Company\u2019s broader business strategy, capital allocation priorities and growth outlook. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company\u2019s control. Such risks and uncertainties include, without limitation: the risk that the transaction with Enquantum is delayed, modified, restructured or not consummated on anticipated terms or at all; the failure to satisfy applicable closing conditions or milestone criteria; the risk that ongoing or remaining due diligence identifies matters that result in changes to transaction terms, delays in closing or the failure to consummate the transaction; the Company\u2019s ability to fund future tranche payments on anticipated timelines or at all; the risk that the Company does not achieve a controlling equity or board position; risks related to Enquantum\u2019s technology development, performance, commercialization or market adoption; integration, execution and management challenges associated with acquiring integrating and scaling an early-stage technology company, including the risk that anticipated synergies or operational benefits are not realized on expected timelines or at all; cybersecurity, regulatory and data-protection risks; the Company\u2019s ability to access capital on acceptable terms or at all; and general business, economic, market, interest rate and geopolitical conditions. Actual results may differ materially from those expressed or implied by these forward-looking statements. Additional information regarding factors that may cause actual results to differ materially is included under the heading \u201cRisk Factors\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024, as amended, and in the Company\u2019s subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Except as required by applicable law, the Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect events or circumstances after the date of this press release. Contact: Crescendo Communications, LLCTel: +1 (212) 671-1020Email: EZRA@crescendo-ir.com <\/p>\n

FAQ <\/p>\n

What stake will Reliance (EZRA) acquire in Enquantum and on what timeline?<\/p>\n

Reliance will acquire a 51% controlling interest, phased over an anticipated 10-month period. According to the company, Reliance initially obtains an 8% fully diluted stake at initial close and then receives ~4% additional fully diluted ownership per month tied to milestones.<\/p>\n

How much is Reliance paying for the 51% fully diluted ownership in Enquantum (EZRA)?<\/p>\n

Reliance\u2019s aggregate purchase price for the 51% target ownership is $2,125,000. According to the company, that equals a $9.8018 per-share price and a $2,041,667 pre-money valuation for Enquantum.<\/p>\n

What conditions could prevent the EZRA-Enquantum transaction from closing within 30 days?<\/p>\n

The transaction is subject to customary closing conditions and ongoing due diligence. According to the company, failure to meet milestone criteria or unresolved diligence items could delay or prevent closing despite the company\u2019s expectation of closing within 30 days.<\/p>\n

What governance rights will Reliance (EZRA) obtain at Enquantum after closing?<\/p>\n

Upon achievement and funding of certain milestones, Reliance will have the right to appoint a majority of Enquantum\u2019s board of directors. According to the company, board control is tied to milestone achievement and the terms of the definitive agreement.<\/p>\n

What technology and IP does Enquantum bring to EZRA\u2019s Scale51 strategy?<\/p>\n

Enquantum develops hardware-accelerated, NIST-aligned post-quantum cryptography for high-throughput networks. According to the company, Enquantum was granted a 2025 patent covering FPGA-based quantum-resistant encrypted communications, strengthening its technical differentiation.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Reliance Global Group to acquire 51% of Enquantum https:\/\/www.stocktitan.net\/news\/EZRA\/reliance-global-group-signs-definitive-agreement-to-acquire-o6d1fj1ddx3h.html Publish Date: 2026-02-09 08:07:00 Source Domain:…<\/p>\n","protected":false},"author":1,"featured_media":185754,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/static.stocktitan.net\/company-logo\/ezra-lg.png","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[26,20,30,24],"class_list":["post-185753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-ai","tag-artificial-intelligence","tag-breach","tag-cybersecurity"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/185753"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=185753"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/185753\/revisions"}],"predecessor-version":[{"id":185755,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/185753\/revisions\/185755"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/185754"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=185753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=185753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=185753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}