Welcome to our dedicated page for SRAX A news (Ticker: SRAX), a resource for investors and traders seeking the latest updates and insights on SRAX A stock.
SRAX Inc. (OTC: SRAX) is a cutting-edge financial technology company based in Westlake Village, California, that leverages data and insights to empower publicly traded companies. Founded in 2009, SRAX offers a premier investor intelligence and communications platform known as Sequire.
Sequire allows companies to track and analyze their shareholders' behaviors and trends, offering valuable data-driven insights to enhance engagement and communication with investors across various marketing channels. The platform also facilitates the hosting of investor conferences, primarily within the micro and small-cap markets, to foster deeper connections and engagement among investors and issuers.
Despite recent challenges, including delisting from the NASDAQ market, SRAX has undergone significant restructuring to streamline operations and enhance efficiency. The company has reduced its workforce from 160 to just over 20 employees, which has helped in becoming more agile and focused on core business activities.
Financially, SRAX has made strides in improving transparency and operational performance. The company is optimistic about its 2022 and 2023 financial results, highlighting positive operating income as a key metric reflecting its true business performance.
On the partnership front, SRAX recently collaborated with XDEFI, a pioneering multichain cryptocurrency wallet, to integrate Web3 capabilities into its Sequire platform. This partnership enables SRAX's network of active equity investors to access decentralized applications and assets across multiple blockchains, significantly expanding their investment opportunities.
Moreover, SRAX is set to merge with DNA Holdings Venture Inc., a Web3 investment company. This merger is expected to bring new expertise and opportunities for SRAX in the decentralized finance and Web3 space, aiming to further solidify its leadership in the financial technology sector.
For more information about SRAX and its innovative solutions, please visit srax.com and mysequire.com.
Moving iMage Technologies (NYSE: MITQ) will present at the 14th annual LD Micro Main Event on October 14, 2021, at 6:00 AM PST. Co-founder Joe Delgado will discuss the company's technological role in cinema and live events, and the anticipated market recovery in 2022 and beyond. The conference, held virtually from October 12-14, features around 150 companies, each presenting for 25 minutes. For registration and event details, visit here.
Alpha Cognition Inc. (TSX-V: ACOG)(OTCQB: ACOGF) is set to present at the LD Micro Main Event on
Force Protection Video Equipment Corp. (OTC: FPVD), also known as BIGtoken, will host a corporate conference call on October 6, 2021, at 12:00 p.m. ET to discuss its merger with BritePool, Inc. CEO Christopher Miglino and BritePool CEO David J. Moore will provide insights on the merger details and future product roadmap. This call follows a press release on September 29, 2021, about the merger. Interested participants can register for the call online or join by phone using the details provided. Access to the call’s recording will be available for 90 days.
Heritage Global (NASDAQ: HGBL) will present at the 14th annual LD Micro Main Event on October 12, 2021, at 9:00 AM PT/12 noon ET in Los Angeles. CEO Ross Dove will lead the presentation and engage in one-on-one meetings throughout the event, which runs from October 12-14. The conference will feature around 150 companies presenting over the three days, with keynotes and networking opportunities. This marks a key moment post-pandemic for investor relations and engagement.
SRAX, a financial technology company, has announced the merger of its subsidiary BIGtoken with Britepool, pending regulatory approval. As a result, SRAX will exchange approximately 150 billion shares into preferred shares, which will allow the value of the asset to be recognized on its balance sheet without consolidating BIGtoken's operating results. CEO Christopher Miglino expressed optimism about the merger's potential benefits for shareholders. The deal is expected to close in around 30 days.
SRAX, a financial technology company, announced a one-time special dividend to shareholders of record on September 20th. In Q2 2021, SRAX reported revenues of $7.7 million, marking a 557% year-over-year increase and a 41% rise quarter-over-quarter. The company's Sequire bookings reached $11.4 million. Additionally, SRAX initiated a $10 million stock buy-back program. Shareholders will receive non-tradable preferred shares including $6.5 million worth of Sequire client stock, with proceeds distributed periodically as the shares are sold.
SRAX, a financial technology company, announced the 2021 Sequire EdTech Conference scheduled for September 13th, 2021, from 11:30 am ET to 5:30 pm ET. The event will showcase over 10 leading virtual work and learning companies and feature keynotes from notable speakers such as Patrick Brothers, Gagan Biyani, and Ann Marie Sastry. Attendees can register at edtech21.mysequire.com. This conference aims to discuss innovations and insights in the online learning sphere.
SRAX (NASDAQ: SRAX) will host the inaugural Sequire EdTech Conference on September 13, 2021, from 11:30 am to 5:30 pm ET. The event aims to showcase innovative companies in the virtual work and remote learning sectors. Premium sponsorship is provided by Amesite, along with participation from over 10 edtech companies. Christopher Miglino, SRAX's Founder and CEO, emphasizes the critical transformation in employee training through edtech solutions. Interested parties can register at edtech21.mysequire.com.
SRAX, a financial technology company, has partnered with S3 Partners to enhance its Sequire platform. This collaboration will allow users to access short interest data, crucial for understanding investor sentiment and stock performance. Sequire provides insights into investor behaviors, enhancing corporate engagement with shareholders. The integration of S3's data aims to empower companies with timely information similar to what institutional investors use. The addition responds to client demand for better tools to analyze short data related to their stocks.
SRAX, Inc. (NASDAQ: SRAX) has launched a $10M stock buy-back program and declared a one-time special dividend of about $0.23 per share for its shareholders. Preferred shares will also be issued to common stockholders on September 20, 2021, encompassing approximately $6.5M worth of Sequire client stock, with proceeds being distributed as these shares are sold. The company expresses confidence in its financial position to undertake these initiatives, aimed at rewarding shareholders.
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