Reliance Global Increases Ownership in Enquantum to Approximately 29%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2026
0mins
Reliance Global announced it has increased its ownership in Enquantum. Following Enquantum's completion of defined technical and commercial milestones, the company funded the next investment tranche, increasing its equity position in Enquantum to approximately 29%. Upon continued execution against the remaining milestone framework, Reliance expects to obtain a 51% fully diluted controlling interest in Enquantum pursuant to the share purchase agreement, dated February 5, between the company and Enquantum. This investment reflects a structured approach to building controlling positions in high-impact technology platforms through measured execution.
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About EZRA
Reliance Global Group Inc operates as a holding company with diversified interests in the insurance market, as well as other related sectors. It focuses on growing by pursuing acquisition strategies and focused on wholesale and retail insurance agencies. Its business-to-business InsurTech platform, RELI Exchange, provides independent insurance agencies with an entire suite of business development tools. Its business-to-consumer platform, 5minuteinsure.com (5MI), utilizes artificial intelligence and data mining to provide online insurance quotes within minutes to everyday consumers seeking to purchase auto, home, and life insurance. It has added Ethereum to its financial holdings. It focuses on identifying specific risk to reward arbitrage opportunities and developing these on a national platform, and identifying and acquiring undervalued wholesale and retail insurance agencies with operations in growing or underserved segments. It owns Solana, the native token of the Solana blockchain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Stock Price Reaction: Following the announcement of the reverse split, EZRA's stock fell by 26.7% in premarket trading to $0.11, reflecting negative market sentiment regarding the decision and concerns about the company's future prospects.
See More
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See More
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See More
