Srax Stock Price, News & Analysis

SRAX Inc. (SRAX) is described in public communications as a financial technology company that unlocks data and insights for publicly traded companies. The company’s core focus is on enhancing communications between public companies and their shareholders and investors in the United States, with its stock trading over-the-counter under the symbol SRAX.

SRAX operates a premier investor intelligence and communications platform called Sequire. According to multiple company announcements, Sequire is a SaaS platform that allows issuers to track their shareholders’ behaviors and trends, then use data-driven insights to engage with shareholders and potential investors across marketing channels. This positions SRAX within the broader professional, scientific, and technical services sector, with a specific emphasis on data, analytics, and investor relations technology for public issuers.

In addition to its software platform, SRAX organizes and hosts investor conferences and events, particularly within the micro-cap and small-cap markets. Company disclosures note that these events are often delivered through the Sequire virtual events platform and can feature sector-focused conferences and multi-day investor summits. SRAX has also been identified as the host of the Sequire Investor Summit in Puerto Rico, which brings together funds, companies, and investors, and highlights topics such as tax considerations and investing trends.

SRAX’s role in investor events extends beyond hosting its own conferences. In at least one transaction, SRAX agreed to serve as the exclusive streaming partner for LD Micro events, providing coverage for a global audience using the Sequire platform. This reinforces the company’s emphasis on combining investor data, communications tools, and event-based engagement to support public companies’ outreach to active investors.

The company was formerly known as Social Reality, Inc. and changed its name to SRAX, Inc. in August 2019. Public information states that SRAX, Inc. was founded in 2009 and is headquartered in Westlake Village, California. These historical details provide context for its evolution from a prior corporate identity into its current focus on financial technology and investor intelligence.

SRAX’s communications describe Sequire as tracking a global network of active investors’ buying and selling behaviors, enabling public companies to use those insights to acquire shareholders and engage with them. The platform has also been used to power virtual investor events, where numerous public companies present to thousands of invited small-cap investors. In some cases, SRAX has integrated third-party services, such as a global news distribution service, into Sequire to enable users to create and distribute press releases and access analytics about their performance.

Company updates have also referenced SRAX’s restructuring efforts and operational focus. In a shareholder letter, SRAX discussed streamlining its operations, refocusing on what it does best, and evolving its sales approach to rely more heavily on technology while serving clients with a smaller sales and marketing team. The same communication emphasized a focus on growing the Sequire platform and expanding its client base, as well as navigating challenges related to trading on the OTC Expert Market after a delisting from the Nasdaq market.

SRAX has also announced a definitive merger agreement with DNA Holdings Venture Inc., a Web3 investment company. Under the terms described in the announcement, shareholders of DNA are expected to become the majority owners of SRAX’s outstanding common stock upon closing of the merger, subject to conditions outlined in the definitive agreement and approvals by SRAX and DNA stockholders. The public company plans to change its name to DNA Holdings Venture Inc. and request a ticker symbol change upon completion of the merger. The parties have stated that they see opportunities to leverage SRAX’s investor reach and the Sequire platform to support Web3 projects and related investor education. As of the information provided, this transaction is described as proposed and subject to contingencies.

SRAX’s communications also note the creation of an Advisory Board composed of several of the company’s largest shareholders, intended to provide insights as the company works to get its filings back in order and restructure the business. In connection with this, existing members of the board of directors, other than the founder and CEO, were reported to have resigned, with another prominent investor joining the Advisory Board.

Through these activities—its Sequire SaaS platform, investor conferences and summits, virtual events, and partnerships—SRAX positions itself as a technology company focused on data-driven investor relations and communications for publicly traded companies, particularly in the micro-cap and small-cap segments.

Business Focus and Platform

Core business: Public disclosures consistently describe SRAX as a financial technology and technology company focused on enhancing communications between public companies and their shareholders and investors. Its primary offering is Sequire, an investor intelligence and communications platform delivered as SaaS.

Sequire capabilities (as described by SRAX):

• Allows issuers to track shareholders’ behaviors and trends.
• Provides data-driven insights that companies can use to engage current and potential investors across marketing channels.
• Hosts virtual investor events, including sector-specific conferences and multi-company presentations.
• Has been integrated with a global news distribution service to enable self-serve press release creation, distribution, and performance analytics for users.

Events and conferences: SRAX organizes and hosts investor conferences, including the Sequire Investor Summit and sector-focused virtual conferences. These events feature public companies presenting to active investors, along with keynotes and panels led by subject-matter experts. SRAX has also been identified as the host of in-person investor summits in Puerto Rico and as the exclusive streaming partner for LD Micro events, using the Sequire platform to provide coverage.

Corporate History and Structure

According to company communications, SRAX:

• Was founded in 2009.
• Was formerly known as Social Reality, Inc. and adopted the name SRAX, Inc. in August 2019.
• Is headquartered in Westlake Village, California.
• Has experienced a transition from listing on Nasdaq to trading on the OTC Expert Market, with management discussing efforts to complete audits and move to a regular OTC tier.

SRAX has also described internal restructuring efforts, including changes in accounting leadership, reductions in workforce, and a focus on improving operational efficiency and refining its business model around its core Sequire platform.

Merger with DNA Holdings Venture Inc.

In a merger announcement, SRAX stated that it entered into a definitive merger agreement with DNA Holdings Venture Inc., a Web3 investment company that provides advisory services and invests in Web3 infrastructure and other technologies. DNA has been described as a long-term investor in SRAX and, at the time of the announcement, already owned a significant portion of SRAX’s common stock.

Key points from that announcement include:

• Upon closing, DNA shareholders are expected to become the majority owners of SRAX’s outstanding common stock.
• The public company plans to change its name to DNA Holdings Venture Inc. and request a change of its ticker symbol.
• The transaction is subject to approval by SRAX and DNA stockholders and other conditions outlined in the definitive agreement, which SRAX indicated would be filed with the SEC.
• The parties expressed an intention to leverage SRAX’s investor reach and Sequire platform to support investor insights and education for Web3 projects.

The description of the business combination in the announcement is explicitly characterized as a high-level summary, with additional details to be provided in regulatory filings.

Investor Events and Partnerships

SRAX has highlighted several event-related activities and partnerships in its public communications:

• Hosting and presenting at the Sequire Investor Summit in Puerto Rico, an event bringing together funds, companies, and investors, and addressing topics such as tax laws and investing trends.
• Organizing virtual conferences focused on specific sectors, such as restaurants and foodservice, and technology, featuring multiple public company presentations, keynotes, and panel discussions.
• Partnering as the exclusive streaming provider for LD Micro events, using Sequire to deliver coverage to a global audience.
• Integrating a global news distribution service into Sequire to provide a self-serve press release feature with performance analytics.

These activities align with SRAX’s stated focus on combining investor data, communications tools, and event platforms to support public companies’ outreach and engagement with investors.

Status and Trading Considerations

In a shareholder letter, SRAX referenced its delisting from the Nasdaq market and subsequent trading on the OTC Expert Market, noting challenges for investors in trading the stock. The company discussed efforts to complete audits and indicated an intention to transition to a regular OTC tier once filings are current. These statements provide context for the company’s trading status but do not themselves constitute regulatory determinations.

FAQs about SRAX Inc. (SRAX)

• What does SRAX Inc. do?
  SRAX Inc. is described as a financial technology and technology company focused on enhancing communications between public companies and their shareholders and investors. Its main product is Sequire, a SaaS platform that provides investor intelligence and communications tools.
• What is the Sequire platform?
  Sequire is SRAX’s investor intelligence and communications platform. According to company disclosures, it allows issuers to track shareholders’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. It also powers virtual investor events and, in some cases, integrates press release distribution and analytics.
• In which sector and industry does SRAX operate?
  SRAX operates in the broader professional, scientific, and technical services sector, and is described in public materials as a financial technology company that serves publicly traded companies through data, analytics, and investor relations technology.
• Where is SRAX headquartered?
  Company communications state that SRAX, Inc. was founded in 2009 and is headquartered in Westlake Village, California.
• What types of clients does SRAX target with Sequire?
  SRAX describes Sequire as serving publicly traded companies, including those in the micro-cap and small-cap markets. These issuers use Sequire to track investor behavior and trends and to engage shareholders and potential investors.
• What investor events does SRAX organize?
  SRAX organizes and hosts investor conferences and summits under the Sequire brand, including sector-focused virtual conferences and multi-day investor summits. These events feature public company presentations, keynotes, and panels, and are often delivered via the Sequire virtual events platform.
• Has SRAX undergone any major corporate changes?
  SRAX has reported that it was formerly known as Social Reality, Inc. and changed its name to SRAX, Inc. in August 2019. It has also announced a definitive merger agreement with DNA Holdings Venture Inc., under which DNA shareholders are expected to become majority owners of SRAX’s outstanding common stock upon closing, subject to approvals and conditions described in the agreement.
• What is the merger between SRAX and DNA Holdings Venture Inc.?
  SRAX announced that it entered into a definitive merger agreement with DNA Holdings Venture Inc., a Web3 investment company. Upon completion, DNA shareholders are expected to become the majority owners of SRAX’s outstanding common stock, and the public company plans to change its name to DNA Holdings Venture Inc. and request a ticker symbol change. The transaction is subject to stockholder approvals and other conditions.
• What is SRAX’s role with LD Micro events?
  In connection with the sale of LD Micro, SRAX stated that it would serve as the exclusive streaming partner for LD events for a period, providing coverage for a global audience using the Sequire platform.
• How does SRAX describe its recent restructuring efforts?
  In a shareholder letter, SRAX discussed bringing in new accounting experts, streamlining operations, reducing its workforce, and focusing on improving its business model and efficiency. The company emphasized refocusing on the Sequire platform and expanding its client base while addressing challenges related to its trading status.