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SRAX INC A - SRAX STOCK NEWS

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.

Rhea-AI Summary

SRAX, a financial technology firm, reported Q2 2021 unaudited financial results on August 16, 2021. Revenue reached $7.7M, marking a 557% year-over-year increase and surpassing expectations of $7M. Full-year revenue guidance was raised to $30M - $32M. Sequire bookings totaled $11.4M, indicating 10 consecutive quarters of growth. Operating expenses rose to $7.3M from $4.0M year-over-year, while EBITDA improved to $1.4M. The company currently holds approximately $29M in marketable securities and serves 225 public companies.

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SRAX (NASDAQ: SRAX), a financial tech firm, will host a conference call on August 16th at 4:30 PM ET to discuss its Q2 2021 results. CEO Christopher Miglino and CFO Michael Malone will provide insights into operational and financial performance during the call, which includes a live Q&A session. This event underscores SRAX's commitment to transparency with investors. The call is accessible via phone or webcast from the company's website, ensuring a broad audience can participate.

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SRAX, a financial technology company listed on NASDAQ under the symbol SRAX, is set to host the 2021 LD Micro Main Event from October 12-14 in Los Angeles and virtually. This marks LD Micro's first in-person event in nearly two years, combining physical and digital experiences. The conference is anticipated to feature around 150 companies, each presenting for 25 minutes. Although 1x1 meetings will be exclusive to the physical event, global investors can access virtual presentations. Registration details will be released soon.

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SRAX hosted the 2021 Sequire Blockchain Conference on July 15, featuring over 10 leading Blockchain and Crypto companies. The virtual event included industry experts discussing key topics such as security tokens, stable coins, and data privacy. Keynote presentations featured notable figures like Brock Pierce and Maja Vujinovic. The event aimed to educate attendees about advancements in the crypto sector, with all presentations available for viewing for three months. SRAX, through its Sequire platform, helps publicly traded companies understand investor behavior and engage effectively.

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SRAX has launched its Investment Advisor Feature on the Sequire platform, enabling users to locate contact details of registered investment advisors. This feature enhances the potential for company executives to engage with advisors who can recommend their stock to clients. Users can filter advisors by Type, Credentials, and Location, facilitating targeted communication. This strategic tool aims to strengthen relationships with advisors, contributing to SRAX's growth and expanding its shareholder base.

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SRAX (NASDAQ: SRAX) announces the 2021 Sequire Blockchain Conference on July 15th, 2021, from 11:30 am ET to 6:30 pm ET. The event will feature over 10 leading blockchain and crypto companies, alongside keynote speakers including Brock Pierce, Maja Vujinovic, Saum Noursalehi, and Brittany Kaiser. Premium sponsor H.C. Wainwright supports this significant investor event. Attendees can register at https://blockchain21.mysequire.com/. The conference aims to enhance knowledge and engagement within the blockchain industry.

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SRAX, a financial technology company listed on NASDAQ, has launched Microcaps.com, a new editorial content and news distribution platform aimed at the microcaps community. This website will feature press releases, investor articles, and serve as a resource for small and microcap investors. It aims to increase exposure for public companies and provide valuable information for the growing Sequire Investor Community. According to CEO Christopher Miglino, Microcaps.com exemplifies their commitment to enhancing visibility for microcap public issuers.

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SRAX (NASDAQ: SRAX) has unveiled two new features for its Sequire platform: an Email Feature and an SMS Feature. These tools enhance communication through automation, allowing users to create tailored campaigns, schedule messages, and analyze audience engagement metrics. The integrated features make it easier for companies to connect with shareholders by using predefined triggers for messaging. This development is aimed at improving shareholder relations and marketing effectiveness.

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SRAX, a financial technology company listed on NASDAQ under the symbol SRAX, successfully hosted the 2021 LD Micro Invitational from June 8-10, 2021. This 3-day virtual investor conference showcased over 200 microcap companies, featuring keynote speakers like Jaime Rogozinski and Rishi Khanna. Attendees had access to notable company presentations, with recordings available for 3 months. In addition to this event, SRAX also organizes several investor conferences annually, providing tools for public companies to engage with investors effectively.

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SRAX, a financial technology company listed on NASDAQ under the symbol SRAX, is set to host the inaugural Sequire Blockchain Conference on July 15, 2021. This elite, one-day event will feature over 15 leading blockchain and crypto companies, along with expert talks aimed at uncovering new investment opportunities in the blockchain sector. The conference will take place from 11:30 AM ET to 5:30 PM ET. Interested attendees can register here: https://blockchain21.mysequire.com/.

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FAQ

What is the current stock price of SRAX A (SRAX)?

The current stock price of SRAX A (SRAX) is $0.25 as of October 15, 2024.

What is the market cap of SRAX A (SRAX)?

The market cap of SRAX A (SRAX) is approximately 5.8M.

What does SRAX Inc. do?

SRAX Inc. is a financial technology company that provides data and insights for publicly traded companies through its Sequire platform.

What is Sequire?

Sequire is SRAX's premier investor intelligence and communications platform that allows companies to track and analyze shareholder behaviors and trends.

What recent challenges has SRAX faced?

SRAX faced a delisting from NASDAQ, which led to significant restructuring and operational improvements, including workforce reduction.

How has SRAX improved its financial transparency?

SRAX has focused on improving its operating income, transitioning to cash payments, and providing clear financial updates to shareholders.

What is SRAX's partnership with XDEFI about?

SRAX partnered with XDEFI, a multichain cryptocurrency wallet, to integrate Web3 capabilities into its Sequire platform, allowing investors to access decentralized finance opportunities.

What is the significance of SRAX's merger with DNA Holdings?

The merger with DNA Holdings aims to bring new expertise and opportunities in the Web3 and decentralized finance space, enhancing SRAX's market position.

Who are the key leaders at SRAX?

Christopher Miglino, Founder and CEO, leads SRAX and has been pivotal in driving the company's strategic direction and innovations.

How does Sequire benefit public companies?

Sequire provides public companies with data-driven insights to engage and communicate effectively with shareholders, enhancing investor relations.

How does SRAX support investor engagement?

SRAX supports investor engagement through its Sequire platform and by organizing investor conferences, providing data and insights for better communication.

Where is SRAX headquartered?

SRAX is headquartered in Westlake Village, California.

SRAX INC A

Nasdaq:SRAX

SRAX Rankings

SRAX Stock Data

5.83M
28.18M
3.32%
7.9%
1.44%
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United States of America
Westlake Village