SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its SaaS platform, Sequire, will acquire LD Micro in a deal expected to close next week. SRAX and LD Micro, a leading data and event company serving the small and micro-cap space, will focus their combined energy and attention on increasing the use of Sequire as well as continued hosting of virtual and in-person events. In addition, as part of the agreement, LD Micro founder Chris Lahiji will be appointed a member of SRAX’s board of directors. SRAX has scheduled a webinar today at 11 a.m. ET/8 a.m. PT to discuss the acquisition. “LD Micro is, without a doubt, one of the most well-known and respected brands in micro-cap,” said SRAX founder and CEO Christopher Miglino in the press release. “Chris Lahiji and his team have done an incredible job of creating a loyal community of investors and issuers. LD Micro is also accretive to our investors from day one. We are confident that together we’ll accelerate the adoption of Sequire, while also enhancing LD Micro’s digital assets.”
Additionally, the company announced this morning that its BIGtoken platform has released a new website, TotalOptOut.com, to give consumers the ability to restrict the information that is gathered and stored from their devices and browsers. “Transparency, choice, and clear value exchange are BIGtoken’s operating principles. These principles are the foundation of privacy by design digital products,” BIGtoken co-founder Kristoffer Nelson stated in the news release. “Too much of our digital experience remains unclear and TotalOptOut.com serves as a bright light to the community, empowering consumers towards greater awareness and choice. We’re thrilled to provide this tool and to continue furthering the BIGtoken mission.”
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About SRAX Inc.
SRAX (NASDAQ: SRAX) is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, SRAX allows companies to track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information about the company, visit www.SRAX.com and www.MySequire.com.
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