Reliance Global Group Signs Term Sheet to Acquire Controlling Stake in Enquantum

Reuters01-26
Reliance Global Group Signs Term Sheet to Acquire Controlling Stake in Enquantum

Reliance Global Group, through its subsidiary EZRA International Group, has entered into a non-binding term sheet to acquire a controlling stake in Enquantum Ltd., a company specializing in hardware-accelerated post-quantum cryptography. The proposed acquisition will follow a structured, milestone-based investment process over the next twelve months, pending the negotiation and execution of definitive agreements and completion of due diligence. As part of the arrangement, Reliance has provided Enquantum with an initial secured promissory note, which will be applied toward the transaction milestones if a definitive agreement is reached. The process is ongoing, and there is no assurance that the transaction will be completed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9642413-en) on January 26, 2026, and is solely responsible for the information contained therein.

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