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.
SRAX, Inc. (NASDAQ: SRAX) has launched a new 1x1 Meeting Feature in its Sequire Virtual Events Platform. This feature allows companies to engage with shareholders on a personal level during events, enhancing communication through pre-approved meetings. Company representatives can create and manage these meetings while attendees can request and join them easily. The release aims to improve investor relations by fostering direct communication with large investors. According to CEO Christopher Miglino, this feature is part of ongoing enhancements to Sequire's offerings.
GreenPower Motor Company (NASDAQ: GP) will present at the LD Micro Invitational XI conference on Tuesday, June 8 at 12:30 p.m. ET. The virtual event, running from June 8-10, will showcase around 180 companies and feature keynotes from notable figures like Laurie Segall and Liz Claman. The conference aims to connect micro-cap investors and businesses, offering 25-minute presentations for each participant. For more details, visit GreenPower's news page.
Amesite Inc. (Nasdaq: AMST) announced its virtual presentation at the LD Micro Invitational XI on June 9, 2021, at 10:30 AM ET. CEO Dr. Ann Marie Sastry will discuss the increasing demand for STEM-skilled workers and Amesite's role as a Microsoft Partner in the $350 billion U.S. online learning market. The LD Micro Invitational XI is scheduled for June 8-10, 2021, featuring around 180 companies.
Registration for the presentation can be done here.
SRAX, Inc. (NASDAQ: SRAX) will join the Russell Microcap® Index effective June 28, following the annual reconstitution. This inclusion, determined by market capitalization and style attributes, signifies validation of SRAX's growth and may attract more institutional investors.
The Russell Microcap® Index is crucial for investment managers, with approximately $10.6 trillion benchmarked against Russell’s indexes.
enCore Energy Corp. (OTCQB: ENCUF) will present at the LD Micro Invitational XI Event on June 8 at 2:30 PM ET. Led by Executive Chairman William M. Sheriff and CEO Paul Goranson, the presentation will be part of a three-day virtual investor conference from June 8 to June 10, 2021. This event features around 180 companies and notable keynote speakers, hosted on the Sequire Virtual Events platform. enCore Energy focuses on in-situ recovery uranium production and has significant operations in South Texas and New Mexico.
SRAX (NASDAQ: SRAX) announces a lineup of keynote speakers for the 2021 LD Micro Invitational, a three-day virtual investor conference hosted on Sequire Virtual Events from June 8th-10th, 2021. The event will feature over 180 companies and prominent speakers, including Jaime Rogozinski, founder of WallStreetBets; Laurie Segall, former CNNMoney tech correspondent; Rishi Khanna, CEO of Stocktwits; and Matt Hulsizer, co-founder of PEAK6. This invitation-only conference aims to connect over 5 million investors with emerging companies and insights.
SRAX reported impressive Q1 2021 financial results with revenue of $5.4M, a 1,450% increase year-over-year. This performance exceeded previous guidance and represented a 21% growth sequentially. The company raised its full-year revenue guidance from $23M - $25M to $25M - $27M. Additionally, Sequire bookings reached $10M for Q1. The gross margin improved to 70%, while operating expenses were $5M. SRAX holds approximately $23M in marketable securities and continues to expand its client base, adding 17 public companies since Q4.
SRAX (NASDAQ: SRAX) has partnered with Zoom Video Communications (NASDAQ: ZM) to enhance the Sequire platform's integration with Zoom. This collaboration allows Sequire clients to create personalized webinars and host earnings calls, annual meetings, and virtual events directly through Sequire. The integration aims to improve investor engagement and provide tools for tracking event participation. CEO Christopher Miglino emphasized that this partnership enhances their platform's capabilities, enabling issuers to build stronger relationships with investors.
SRAX is set to host the 2021 LD Micro Invitational, a 3-day virtual investor conference via its Sequire platform from June 8-10, 2021. This event, hosted by LD Micro, focuses on small-cap companies, showcasing around 180 companies with 25-minute presentations. The first day will highlight the top 50 performing companies in the LD Micro Hall of Fame. Chris Lahiji, founder of LD Micro, emphasizes the value of expanding virtual events while maintaining connections among investors. For more details, visit here.
SRAX (NASDAQ: SRAX) has announced that its Sequire platform now serves over 5 million retail investors, up from 3 million just months prior. This growth highlights the platform's role in helping publicly traded companies track shareholder behavior and engage with investors. SRAX plans to enhance value through the upcoming Sequire Investor Community, which aims to provide opportunities for education and networking among investors. CEO Christopher Miglino emphasized the significance of retail investors and the importance of data in understanding market trends.
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