Welcome to our dedicated page for Srax news (Ticker: SRAX), a resource for investors and traders seeking the latest updates and insights on Srax stock.
SRAX Inc. (SRAX) is frequently featured in news coverage as a financial technology company focused on data, insights, and communications for publicly traded companies. Public announcements describe SRAX as the operator of Sequire, an investor intelligence and communications platform that helps issuers track shareholder behaviors and trends and use those insights to engage investors across marketing channels.
News about SRAX often highlights developments related to the Sequire platform and its ecosystem. Examples include integrations with a global news distribution service to enable self-serve press release creation and analytics, as well as partnerships that extend Sequire’s reach, such as serving as the exclusive streaming partner for LD Micro events. These stories emphasize how Sequire is used for investor outreach, virtual events, and data-driven communications.
SRAX is also a recurring subject in articles about investor conferences and summits. The company organizes and hosts Sequire-branded events, including virtual sector conferences and in-person investor summits in locations such as Puerto Rico. Coverage of these events describes multi-day programs featuring public company presentations, keynotes, panels, and opportunities for funds, companies, and investors to connect.
Corporate updates and strategic moves are another key theme in SRAX-related news. Reports have discussed the company’s restructuring efforts, changes in governance such as the creation of an Advisory Board composed of large shareholders, and commentary on trading status following a delisting from the Nasdaq market and trading on the OTC Expert Market. In addition, SRAX has announced a definitive merger agreement with DNA Holdings Venture Inc., a Web3 investment company, with news stories outlining the planned change in ownership structure and future name and ticker symbol changes, subject to approvals and conditions.
Investors and observers who follow SRAX news can expect coverage of platform enhancements, partnerships, investor events, corporate governance changes, and proposed strategic transactions. This mix of operational, product, and corporate developments provides context for understanding how SRAX positions its Sequire platform and its role in the investor relations and financial technology landscape.
SRAX, Inc. (NASDAQ: SRAX) will host the 13th Annual LD Micro Main Event, a virtual investor conference, on December 14-15, 2020. The event aims to engage nearly two million small-cap investors, featuring close to 250 companies and celebrity keynotes from Shaquille O'Neal and Brock Pierce. This initiative, using SRAX’s Sequire platform, enhances investor relations by enabling companies to present and interact with investors in a dynamic format. The goal is to strengthen awareness of participating companies and provide additional tools for public issuers.
SRAX, a financial technology company, announced it will host the 13th Annual LD Micro Main Event virtually on December 14-15, 2020, via its Sequire platform. This conference aims to connect small- and micro-cap investors, featuring over 250 companies. The event will provide a fresh format, moving away from the usual lengthy presentations, as emphasized by LD Micro's CEO. The collaboration with LD Micro enhances SRAX's reach within the active micro-cap investor community of over 2 million.
SRAX, a financial technology firm, reported a Q3 2020 revenue of $2.6M, marking a 161% year-over-year increase. Operating expenses decreased by 22% to $4.2M. The company achieved an EBITDA of $2.1M, a 53% rise compared to Q3 2019, and saw positive EBITDA from its Sequire segment. Notably, Sequire bookings reached $6.7M, with 125 public companies now subscribed. The firm anticipates $4M revenue in Q4 2020. Despite a $6.6M net income loss, improved metrics indicate the company’s growth trajectory.
SRAX, a financial technology company, is set to host a conference call on November 16, 2020, at 9:00 AM PT to discuss its third quarter 2020 financial results. Founder and CEO Christopher Miglino, along with CFO Michael Malone, will present an overview of the operational and financial highlights. Investors can access the live webcast and presentation by registering online. The webcast will remain available on the company's website for 90 days.
SRAX (NASDAQ: SRAX), a financial technology company, announced the sale of its remaining interest in the SRAX MD asset. This strategic move is aimed at focusing entirely on the growth of its Sequire platform. CEO Christopher Miglino stated that this sale will enhance their balance sheet since the asset had a zero basis. The capital from this transaction is expected to accelerate growth and provide clarity following the separation of Bigtoken into its own entity.
SRAX, a financial technology company, will present virtually at the Zooming with LD event on October 30th at 11:00 AM ET. CEO Chris Miglino will lead the presentation, providing insights into the company's SaaS platform, Sequire, which offers data analysis for publicly traded firms. Interested participants can register for the event online. SRAX specializes in unlocking investor behaviors and trends, enabling companies to enhance their communications and marketing strategies.
Srax announced the appointment of Daina Middleton and Yin Woon Rani to the board of directors of BIGtoken, enhancing its leadership team. Middleton brings extensive experience from HP and Twitter, leading significant revenue growth, while Rani has a robust background in consumer packaged goods. These appointments come as SRAX prepares for a significant transaction with Force Protection Video Equipment Corp, where it will acquire 88.9% of FPVD shares in exchange for BIGtoken, which will undergo a rebranding.
On October 14, 2020, SRAX (NASDAQ: SRAX) announced the acquisition of LD Micro, a data and event company focused on small and micro-cap markets, finalizing the deal on September 16, 2020. LD Micro will now operate as a wholly owned subsidiary of SRAX, with its founder, Chris Lahiji, continuing as president. This strategic acquisition aims to leverage SRAX's SaaS platform, Sequire, to enhance LD Micro's community engagement and investor exposure, potentially transforming the way companies connect with investors.
BIGtoken®, Inc., a spinoff from SRAX, Inc. (NASDAQ: SRAX), has appointed George Stella as its Chief Revenue Officer after its transition to a standalone public entity. SRAX will exchange 100% of BIGtoken shares for 88.9% of Force Protection Video Equipment Corp (FPVD). Post-transaction, FPVD will be rebranded as BIGtoken. Stella, who has over 20 years of digital media experience, has reported doubled revenues every quarter this year and serves seven of the top ten CPG advertisers as repeat customers.
SRAX, Inc. (NASDAQ: SRAX) announces the appointment of Malcolm CasSelle as CEO of its subsidiary, BIGtoken. The move follows a definitive agreement to exchange 100% of BIGtoken shares for 88.9% of Force Protection Video Equipment Corp (FPVD). This transaction will lead to FPVD's rebranding as BIGtoken. With over 20 years in digital media, CasSelle aims to grow BIGtoken's user base and expand its advertiser network, leveraging his extensive industry experience.