Srax Inc - SRAX STOCK NEWS

SRAX, a financial technology company, has entered into a revolving credit facility worth up to $9.5 million over two years. This facility allows borrowing based on cash and up to 70% of the marketable securities market value, with repayments tied to sales from Sequire customers. Additionally, SRAX launched a website enabling investors to track the market value of its $32.6 million securities portfolio. The company plans to file its 10-K report soon, stating no significant deviations in its financial statements.

SRAX announces the 2022 Sequire Decentralized Web Conference, scheduled for June 23, 2022. This event will feature prominent speakers from various sectors, discussing key topics around decentralized web technologies, including Blockchain, NFTs, and Digital Currency. Notable speakers include Jeff Dorman, Brock Pierce, and Liz Claman. The conference aims to showcase influential companies shaping the decentralized web landscape. Sponsors include Riot Blockchain and Bit Digital. For more details, visit the conference website.

SRAX, Inc. (NASDAQ: SRAX) successfully hosted the 2022 LD Micro Invitational from June 7th-9th, both in-person and virtually, featuring 187 companies. Each participant presented for 25 minutes, with video replays available for three months. Notable presentations included CEL SCI and Voyager Digital among others. SRAX's Sequire platform continues to enhance investor engagement for publicly traded companies. The next investor conference is scheduled for June 23rd. The company's services provide valuable insights into market trends and investor behaviors, reinforcing its position in the financial technology sector.

SRAX (NASDAQ: SRAX) announced the Sequire Decentralized Web Conference on June 23, 2022. This virtual event will showcase over 15 companies in the decentralized web space, featuring presentations from industry leaders. Notable speakers include Brock Pierce and Scott Walker. Nearly nine million small-cap investors have been invited to engage in this innovative forum. Attendees can expect keynotes, 1:1 meetings with presenters, and insights on blockchain, NFTs, and digital currencies. The event aims to highlight growth and advancements in the decentralized web sector.

SRAX reported record annual revenue of $28.6 million for 2021, marking a 336% increase from 2020, exceeding its guidance of $31.5 million. The company anticipates 2022 revenue between $47 million and $50 million. Q4 2021 revenue reached $9.6 million, up 27% from Q3 and 170% year-over-year. Despite a $24 million non-cash charge for BIGtoken, SRAX reported $3.8 million in adjusted EBITDA. The strong growth reflects the success of its Sequire platform and new product launches, with growing customer interest and robust bookings in Q2 2022.

Onassis Holdings Corp (OTC: ONSS) has partnered with SRAX (NASDAQ: SRAX) to enhance investor communication and streamline activities with potential investors and existing shareholders. SRAX's Sequire platform will provide Onassis with real-time market data, improving the overall investor experience. Eliron Yaron, Chairman of Onassis, emphasized that effective communication is crucial for the company's plans for growth in the coming year. Onassis focuses on the distribution of nutraceuticals and herbal-based medications, collaborating with top nutrition experts to innovate and ensure effective ingredients.

SRAX, a financial technology company, will host the 2022 LD Micro Invitational from June 7th to 9th at the Four Seasons Hotel in Westlake Village and via the Sequire Virtual Events platform. The event, which sold out faster than any previous LD Micro event, will showcase over 200 companies with 25-minute presentations and influential keynote speakers. This conference aims to spotlight emerging companies and is expected to draw significant investor attention.

For registration, visit Sequire Virtual Events.

SRAX, a financial technology company, will announce its Q4 and Full Year 2021 earnings on June 6, 2022. A video conference will be held at 10:30 am ET, where CEO Christopher Miglino and CFO Michael Malone will provide a summary of the performance. The company faced delays in filing its 10-K due to accounting issues related to a former subsidiary, leading to a non-compliance notice from Nasdaq for not filing its Form 10-Q timely. However, this notification does not affect the listing of its shares directly.

SRAX, Inc. (NASDAQ: SRAX) hosted the 2022 Fintech Conference on May 19, 2022, a prominent virtual investor event showcasing top fintech companies and industry experts. Sponsored by Apex Fintech Solutions, Banxa Holdings, Usio, and Newtek Business Services, the conference featured key presentations, including discussions on Reg A usage for public companies and future trends in digital payments. The conference recorded valuable insights, available for replay on their event website. SRAX's Sequire platform enables public companies to engage with investors effectively.