SRX Global (NYSE: SRXH) unveils $20M buyback, $0.05 dividend and cash-rich balance sheet
Rhea-AI Filing Summary
SRX Global Inc. outlined a series of capital return and balance sheet updates, including a one-time cash dividend and a sizable share repurchase authorization, alongside preliminary post-acquisition metrics. The board approved a $0.05 per share special dividend, totaling approximately $1 million, payable on or about August 3, 2026 to shareholders of record on July 22, 2026, funded by profits from its SpaceX investment and related hedging strategies.
The company reported preliminary figures as of June 30, 2026 of an estimated net asset value of about $60 million, or $3.07 per share, with roughly $40 million in cash, more than $15 million in short-term investments, no debt, and approximately 19,517,834 shares outstanding after a 1-for-60 reverse split. The board also authorized a share repurchase program for up to 10 million shares, or up to 50% of shares outstanding, with $20 million allocated and potential use of Rule 10b5-1 trading plans. Management emphasized a disciplined capital allocation framework, recent EMJX acquisition, and will discuss strategy and recent developments in a virtual fireside chat on July 14, 2026.
Positive
- Up to $20 million buyback for as many as 10 million shares (up to 50% of outstanding) authorized, indicating strong board confidence and substantial capital return capacity.
- Preliminary net asset value of about $60 million with over $55 million in cash and no debt highlights a cash-rich, deleveraged balance sheet after the EMJX acquisition.
Negative
- None.
Insights
SRX couples a large buyback and special dividend with a cash-rich, debt-free balance sheet.
SRX Global is signaling confidence by pairing a one-time $0.05 per-share dividend (about $1 million total) with a share repurchase authorization of up to 10 million shares, or up to 50% of shares outstanding. The board has earmarked $20 million for this program, funded from cash on hand.
Preliminary figures as of June 30, 2026 show estimated net asset value of roughly $60 million (about $3.07 per share), over $55 million in cash and short-term investments, and no debt. Management states it does not anticipate additional capital raises in the foreseeable future, which, combined with capital returns, points to a balance sheet-focused story.
The strategy rests on disciplined deployment into operating companies, fixed-income treasury assets, and targeted acquisitions, including EMJX and Halo®. A webcast on July 14, 2026 offers a near-term checkpoint on how leadership frames these moves and the recent reverse stock split within its long-term AI-enabled investment platform vision.
8-K Event Classification
Key Figures
Key Terms
net asset value financial
reverse stock split financial
Rule 10b5-1 regulatory
investment-grade fixed-income portfolio financial
special situations financial
FAQ
What cash dividend did SRXH declare and when will it be paid?
What are SRXH’s preliminary net asset value and balance sheet metrics?
When is SRXH’s virtual fireside chat and who will participate?
What is SRXH’s stated capital allocation framework after the EMJX acquisition?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure
Cash Dividend
On July 8, 2026, SRX Global Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors (the “Board”) has approved a one-time cash dividend of $0.05 per share on common stock outstanding to shareholders of record at the close of business on July 22, 2026 (the “Record Date”), and that the dividend will be paid on or about August 3, 2026 to shareholders of record on Record Date. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated herein by reference.
Stockholder Update:
On July 8, 2026, the Company issued a press release providing its stockholders with a preliminary update on certain balance sheet metrics and its capitalization structure following its previously announced acquisition of EMJ Crypto Technologies Inc., a corporation organized under the laws of Ontario, Canada (“EMJX”), and previously announced reverse stock split effectuated on July 6, 2026 (the “Reverse Split”). A copy of the press release is attached as Exhibit 99.2 to this current report on Form 8-K and is incorporated herein by reference.
Share Repurchase Program:
On July 9, 2026, the Company issued a press release announcing that the Board has authorized a share repurchase plan(the “Repurchase Plan”) under which the Company may repurchase up to 10 million shares of its common stock or 50% of its shares outstanding during the period ending July 7, 2027. The Company has allocated up to $20 million to the Repurchase Program.. A copy of the press release is attached as Exhibit 99.3 to this current report on Form 8-K and is incorporated herein by reference.
The Board also authorized the Company to enter into written trading plans under Rule 10b5-1 of the Exchange Act. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allows a company to repurchase its shares at times when it might otherwise be prevented from doing so due to self-imposed trading blackout periods or pursuant to insider trading laws. Under any Rule 10b5-1 trading plan, the Company’s third-party broker, subject to Securities and Exchange Commission regulations regarding certain price, market, volume and timing constraints, would have authority to purchase the Company’s common stock in accordance with the terms of the plan. The Company may from time to time enter into Rule 10b5-1 trading plans to facilitate the repurchase of its common stock pursuant to its Repurchase Plan.
The Company cannot predict when or if it will repurchase any shares of common stock as such stock repurchase program will depend on a number of factors, including constraints specified in any Rule 10b5-1 trading plans, price, general business and market conditions, and alternative investment opportunities. Information regarding share repurchases will be available in the Company’s periodic reports on Form 10-Q and 10-K filed with the Securities and Exchange Commission as required by the applicable rules of the Exchange Act.
Stockholder Letter / Virtual Fireside Chat:
On July 10, 2026, the Company issued a press release updating its stockholders regarding recent developments, including the acquisition of EMJX and the Reverse Split, and announcing that the Company’s Chief Executive Officer, Kent Cunningham, and the President of EMJX and Head of Asset Management, Eric Jackson, will participate in a virtual Fireside Chat on Tuesday, July 14, 2026. A copy of the press release is attached as Exhibit 99.4 to this current report on Form 8-K and is incorporated herein by reference.
The information in Item 7.01 of this Current Report shall not be deemed to be “filed” for the purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Cautionary Note Regarding Forward-Looking Statements
This Current Report on Form 8-K contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Management’s projections and expectations are subject to a number of risks and uncertainties that could cause actual performance to differ materially from that predicted or implied. Forward-looking statements may be identified by the use of words such as “expect,” “anticipate,” “believe,” “estimate,” “potential,” “should” or similar words intended to identify information that is not historical in nature. Forward-looking statements contained herein include, among others, statements concerning management’s expectations about future events and the Company’s operating plans and performance, including levels of consumer, business and economic confidence generally, the regulatory environment, litigation, sales, and the expected benefits of acquisitions, and such statements are based on the current beliefs and expectations of the Company’s management, as applicable, and are subject to known and unknown risks and uncertainties. There are a number of risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements. These statements speak only as of the date they are made, and the Company does not intend to update or otherwise revise the forward-looking information to reflect actual results of operations, changes in financial condition, changes in estimates, expectations or assumptions, changes in general economic or industry conditions or other circumstances arising and/or existing since the preparation of this Current Report on Form 8-K or to reflect the occurrence of any unanticipated events. For further information regarding the risks associated with the Company’s business, please refer to the Company’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the most recent fiscal year end, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibits | Description | |
| 99.1 | Press Release dated July 8, 2026 (Cash Dividend). | |
| 99.2 | Press release dated July 8, 2026 (Stockholder Update). | |
| 99.3 | Press release dated July 9, 2026. | |
| 99.4 | Press release dated July 10, 2026. | |
| 104 | Cover Page Interactive Data file (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SRX Global, Inc. | ||
| By: | /s/ Carolina Martinez | |
| Name: | Carolina Martinez | |
| Title: | Chief Financial Officer | |
| July 10, 2026 | ||
Exhibit 99.1
SRX Global Declares One-Time Cash Dividend
Company delivering $1 million in aggregate to shareholders via cash dividend payment from profits related to investment in SpaceX and hedging strategies
NORTH PALM BEACH, FL — July 8, 2026 — SRX Global, Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating returns across high-conviction operating companies and assets, today announced that the Board of Directors has approved a one-time cash dividend of $0.05 per share (approximately $1 million in the aggregate) on common stock outstanding to shareholders of record at the close of business on July 22, 2026 (the “Record Date”). The dividend will be paid on or about August 3, 2026 to shareholders of record on Record Date.
“This special dividend reflects the strength of our investment strategy and our commitment to returning value directly to our shareholders,” said Kent Cunningham, CEO of SRX Global. “The profits generated from our investment in Space Exploration Technologies Corp. (‘SpaceX’) and our disciplined hedging strategies have enabled us to deliver $1 million in aggregate to our shareholders, and we intend to continue identifying opportunities to maximize long-term shareholder value.”
About SRX Global Inc.
SRX Global is an AI-driven platform focused on generating long-term shareholder value through investments in high-conviction operating companies, strategic assets, and technology-enabled opportunities. The Company leverages proprietary technology, data analytics, and disciplined capital allocation to identify and manage investments across multiple sectors.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “expect,” “intend,” “aim,” “plan,” “may,” “could,” “target,” and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the ability to complete the proposed transaction, shareholder approvals, market conditions, regulatory considerations, and other risks described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them, except as required by law.
Company Contact
SRX Global
Kent Cunningham, Chief Executive Officer
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
srx@kcsa.com
Exhibit 99.2
SRX Global Reports Preliminary Net Asset Value of Approximately $3.07 Per Share and Over $55 Million in Cash and Short-Term Investments1
Approximately $40 million in cash and more than $15 million in short-term investment assets as of June 30, 20261
Estimated net asset value of approximately $60 million and no debt outstanding as of June 30, 2026¹
Approximately 19.5 million shares outstanding on post 1-for-60 split basis as of July 6, 20261
NORTH PALM BEACH, FL — July 8, 2026 — SRX Global Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today provided shareholders with a preliminary update on certain balance sheet metrics and its capitalization structure following the recently completed acquisition of EMJX and share consolidation effectuated on July 6, 2026.
“Following the completion of the EMJX acquisition and the elimination of all outstanding debt, we have entered the second half of 2026 with one of the strongest balance sheets in the Company’s history,” states Kent Cunningham, CEO.
The Company’s strengthened balance sheet provides significant financial flexibility to execute its long-term capital allocation strategy, and management does not anticipate the need for additional capital raises in the foreseeable future. Management remains focused on maintaining liquidity and balance sheet strength while deploying capital in a disciplined manner across investments in its operating companies, treasury optimization initiatives, strategic investments, and value-enhancing acquisitions with the objective of maximizing long-term shareholder value.
Preliminary Balance Sheet & Capital Allocation Highlights1:
| - | Estimated net asset value of approximately $60 million, or $3.07 per common share, as of June 30, 2026 | |
| - | Approximately $40 million in cash and more than $15 million in short-term investments as of June 30, 2026 | |
| - | No debt outstanding as of June 30, 2026 | |
| - | Approximately 19,517,834 common shares outstanding following the Company’s reverse stock split effectuated July 6, 2026 |
Capital Allocation Framework
SRX believes disciplined capital allocation is fundamental to long-term shareholder value creation. The Company intends to allocate capital across the following strategic priorities:
| ● | Maintain Financial Flexibility - Preserve balance sheet strength and liquidity to capitalize on high-conviction investment opportunities while maintaining disciplined, returns-focused capital allocation. | |
| ● | Optimize Treasury Returns - Strategically deploy excess corporate liquidity into a diversified, highly liquid, investment-grade fixed-income portfolio designed to preserve principal, maintain near-immediate liquidity and enhance risk-adjusted treasury returns. | |
| ● | Reinvest in Halo - Continue investing in Halo to accelerate product innovation, commercial execution, distribution expansion and long-term organic growth. | |
| ● | Pursue Strategic Investments and Opportunistic M&A - Deploy capital toward strategic investments and value-accretive acquisitions that complement the Company’s portfolio and leverage its AI-enabled investment platform. |
About SRX Global Inc.
SRX Global is an AI-driven platform focused on generating long-term shareholder value through investments in high-conviction operating companies, strategic assets, and technology-enabled opportunities. The Company leverages proprietary technology, data analytics, and disciplined capital allocation to identify and manage investments across multiple sectors.
1Preliminary Financial Information and Supplemental Financial Measure
The financial information presented herein is preliminary, unaudited and subject to the completion of the Company’s quarter-end financial closing procedures, preparation and review of its financial statements, and other customary quarter-end adjustments. Actual reported financial results may differ from the information presented herein. The Company expects to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, on or before August 14, 2026. Estimated net asset value (“NAV”) represents estimated total assets less estimated total liabilities as of June 30, 2026, divided by approximately 19.5 million common shares outstanding after giving effect to the Company’s one-for-sixty reverse stock split effective July 6, 2026. Estimated total assets include cash, short-term investment assets, digital assets, accounts receivable, inventory and certain other current assets. NAV is presented as a supplemental financial measure to assist investors in understanding the Company’s preliminary balance sheet position and should not be considered a substitute for any measure prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), including stockholders’ equity or total assets.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “expect,” “intend,” “aim,” “plan,” “may,” “could,” “target,” and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the ability to complete the proposed transaction, shareholder approvals, market conditions, regulatory considerations, and other risks described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them, except as required by law.
Company Contact
SRX Global
Kent Cunningham, Chief Executive Officer
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
srx@kcsa.com
Exhibit 99.3
SRX Global Board of Directors Authorizes Stock Repurchase Plan of Up to 10 Million Shares or Up to 50% of its Shares Outstanding
NORTH PALM BEACH, FL — July 9, 2026 — SRX Global Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today announced that its Board of Directors has authorized a share repurchase program under which the Company may repurchase up to 10 million shares of its common stock or up to 50% of its shares outstanding. The Company has allocated up to $20 million to repurchase its common stock until July 9, 2027.
“With no debt, a strong cash position, and the current market value of our shares, we believe this share repurchase program is one of the most compelling uses of capital available to us today,” said Kent Cunningham, CEO. “This program reflects the Board’s confidence in SRX’s long-term strategy and our commitment to creating value for shareholders.”
Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission (“SEC”). The timing and amount of any repurchases will depend on a number of factors, including the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company’s financial performance. Open market purchases will be made in accordance with Rule 10b-18 of the SEC and other applicable legal requirements. The Company is not obligated to repurchase any particular number of shares or any shares in any specific time period and the program may be modified, suspended, or discontinued at any time. Payment for shares repurchased under the program will be funded using the Company’s cash on hand.
About SRX Global Inc.
SRX Global is an AI-driven platform focused on generating long-term shareholder value through investments in high-conviction operating companies, strategic assets, and technology-enabled opportunities. The Company leverages proprietary technology, data analytics, and disciplined capital allocation to identify and manage investments across multiple sectors.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “expect,” “intend,” “aim,” “plan,” “may,” “could,” “target,” and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the ability to complete the proposed transaction, shareholder approvals, market conditions, regulatory considerations, and other risks described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them, except as required by law.
Company Contact
SRX Global
Kent Cunningham, Chief Executive Officer
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
srx@kcsa.com
Exhibit 99.4
SRX Global Management Team to Host Virtual Fireside Chat on July 14, 2026, and Issues Letter to Shareholders
Virtual Fireside Chat Scheduled for Tuesday, July 14, 2026, at 10:30 a.m. ET
NORTH PALM BEACH, FL — July 10, 2026 — SRX Global, Inc. (NYSE American: SRXH) (the “Company”, or “SRX”), an AI-enabled platform dedicated to generating returns across high-conviction operating companies and assets, today announced that Chief Executive Officer, Kent Cunningham, and President of EMJX and Head of Asset Management, Eric Jackson, will participate in a virtual Fireside Chat on Tuesday, July 14, 2026, to discuss recent developments, the completed EMJX acquisition, and vision for the future.
SRX Global Fireside Chat Details
| ● | Date: Tuesday, July 14, 2026 | |
| ● | Time: 10:30 a.m. ET | |
| ● | Moderator: Valter Pinto, Managing Director, KCSA Strategic Communications | |
| ● | Panelists: Kent Cunningham, CEO, and Eric Jackson, Head of Asset Management | |
| ● | Format: 25-minute question-and-answer session open to all investors | |
| ● | Webcast Link: https://us02web.zoom.us/webinar/register/WN_mvfVVXwORt6fLqRqgIc4Ng#/registration |
A replay of the presentation will be made available on the Company’s investor relations website following the event.
Additionally, SRX Global issued the following letter to shareholders:
Fellow Shareholders,
The past several months have represented one of the most significant periods of transformation in our Company’s history.
As we stand today, we successfully completed the acquisition of EMJX, establishing SRX Global as an AI-enabled platform dedicated to delivering shareholder value through a portfolio of high-conviction operating assets and investments. As we disclosed this week, we have over $55 million in cash and short-term investments and no debt, representing a net asset value of approximately $3.07 per share1.
Our proprietary technology, diverse portfolio and best-in-class team will propel our business forward. We laid the foundation, and now we are focused on execution.
While we recognize that the trading halt, share consolidation, and related share price volatility of recent weeks have been difficult for our shareholders, we do not take that lightly and clearly, there is a disconnect in the market.
The share consolidation was a necessary action to maintain our listing on NYSE American. While SRXH shares have been under pressure, we view this as a temporary market disconnect and we are moving quickly to address this divide.
In a dedicated effort to consistently find ways to deliver value to our shareholders, this week, we announced two major milestones: 1) a share repurchase program for up to 10 million common shares of SRXH stock and 2) a dividend delivering approximately $1 million of cash, in the aggregate, directly to shareholders from our investment in SpaceX and hedging strategy - a decisive step to return value as we execute our strategy. Additionally, over the past few months, we deployed capital into a series of high-conviction investments, including Greenland Mines, ARMR Sciences, Smartkem, Uber, and Optimi Health Corp, among others, and continued to advance our strategies in EMJX and consumer pet food brand Halo®. We believe we are well-positioned across high-growth opportunities in Financial Technology, Consumer, and Biotech to unlock future shareholder value.
Our Vision for the Future
The world is entering an extraordinary period of disruption driven by artificial intelligence, accelerating technological change, and structural shifts across industries and geographies. These forces will create enormous value, but they will also create inefficiencies.
Exceptional businesses will periodically require growth capital, strategic partners, operational expertise, or creative financing. Others will become temporarily misunderstood or mispriced as public markets increasingly focus on quarterly results rather than long-term intrinsic value.
We believe this environment creates an exceptional opportunity for disciplined capital allocators with permanent capital, operational experience, and the ability to act decisively. This belief has driven our investment decisions and current portfolio exposure.
Our Investment Framework
We pair artificial intelligence and our team’s know-how to source, diligence, manage, and execute investments that have the potential to compound intrinsic value per share at attractive rates while limiting downside exposure. We only pursue opportunities where we possess one or more meaningful advantages:
| ● | Proprietary sourcing and differentiated insight | |
| ● | Operational expertise built through decades of leadership | |
| ● | Access to exceptional founders, executives, and industry partners | |
| ● | Creative capital structuring capabilities |
Our strategy is intentionally broad enough to pursue exceptional opportunities while remaining disciplined enough to invest only where we possess genuine competitive advantages.
Three Pillars of Capital Deployment
Control Investments
Where appropriate, we intend to acquire controlling interests in businesses possessing durable competitive advantages with meaningful opportunities for operational improvement. We seek businesses where leadership, technology, pricing, marketing, data, distribution, capital allocation, or AI-enabled execution can materially improve long-term economics.
Minority Investments
Not every exceptional opportunity requires control. Many outstanding founders seek thoughtful, long-term partners who contribute strategic insight while preserving entrepreneurial independence. In these situations, we intend to partner with management teams we trust and support them with capital, strategic guidance, operating experience, and AI-enabled capabilities.
Special Situations
Periods of uncertainty frequently create the most attractive opportunities. We intend to pursue selective investments including structured financings, recapitalizations, corporate carve-outs, dislocated assets, transition situations, and other complex opportunities where creativity, speed, and flexibility provide competitive advantages.
Across these three pillars, we view our AI capabilities as part of our organizational infrastructure and a force multiplier. We will leverage AI to materially improve decision quality and execution in sourcing, diligence, underwriting, portfolio monitoring, customer acquisition, pricing optimization, supply chain management, and operational execution.
Capital Allocation Priorities
We are employing a disciplined capital allocation framework based on four key priorities:
| 1) | Preserve balance sheet strength and liquidity to capitalize on high-conviction investment opportunities while maintaining disciplined, returns-focused capital allocation. | |
| 2) | Strategically deploy excess corporate liquidity into a diversified, highly liquid, investment-grade fixed-income portfolio designed to preserve principal, maintain near-immediate liquidity and enhance risk-adjusted treasury returns. | |
| 3) | Continue investing in Halo to accelerate product innovation, commercial execution, distribution expansion and long-term organic growth. | |
| 4) | Deploy capital toward strategic investments and value-accretive acquisitions that complement the Company’s portfolio and leverage its AI-enabled investment platform. |
Looking Ahead
Our ambition is straightforward: to build SRX Global into a trusted long-term compounder of capital, earned through disciplined execution and transparent, consistent communication with every shareholder.
We feel confident in our team, our technology and our resources to usher in this next chapter of growth for SRX.
Thank you for your confidence and partnership as we build this next chapter together. We look forward to speaking with everyone next week on our fireside chat.
Sincerely,
Kent Cunningham
Chief Executive Officer
SRX Global Inc.
About SRX Global Inc.
SRX Global is an AI-driven platform focused on generating long-term shareholder value through investments in high-conviction operating companies, strategic assets, and technology-enabled opportunities. The Company leverages proprietary technology, data analytics, and disciplined capital allocation to identify and manage investments across multiple sectors.
1Preliminary Financial Information and Supplemental Financial Measure
The financial information presented herein is preliminary, unaudited and subject to the completion of the Company’s quarter-end financial closing procedures, preparation and review of its financial statements, and other customary quarter-end adjustments. Actual reported financial results may differ from the information presented herein. The Company expects to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, on or before August 14, 2026. Estimated net asset value (“NAV”) represents estimated total assets less estimated total liabilities as of June 30, 2026, divided by approximately 19.5 million common shares outstanding after giving effect to the Company’s one-for-sixty reverse stock split effective July 6, 2026. Estimated total assets include cash, short-term investment assets, digital assets, accounts receivable, inventory and certain other current assets. NAV is presented as a supplemental financial measure to assist investors in understanding the Company’s preliminary balance sheet position and should not be considered a substitute for any measure prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), including stockholders’ equity or total assets.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “expect,” “intend,” “aim,” “plan,” “may,” “could,” “target,” and similar expressions are intended to identify forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, the ability to complete the proposed transaction, shareholder approvals, market conditions, regulatory considerations, and other risks described in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them, except as required by law.
Company Contact
SRX Global
Kent Cunningham, Chief Executive Officer
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
212-896-1254
srx@kcsa.com