- SRAX acquiring LD Micro, leading information portal providing intraday information on micro-cap stocks
- Acquisition to accelerate adoption of Sequire, SRAX’s investment data analytics platform
- Sequire revenue grew 29% year-over-year for Q2 2020
- SRAX entered into $13 million definitive securities purchase agreement to fund Sequire’s rapid expansion
SRAX Inc. (NASDAQ: SRAX), a digital marketing and consumer data management technology company, recently announced that it will acquire LD Micro, a leading data and event company serving the small and micro-cap space. Initially founded in 2006, LD Micro has grown from a newsletter into a portal that provides exclusive intraday information covering North American stocks with market capitalizations between $50 million and $300 million. SRAX’s move comes at a time of rapid growth for Sequire, its investment data analytics platform, making the acquisition a synergistic gain for both parties.
“LD Micro is, without a doubt, one of the most well-known and respected brands in micro-cap. Chris Lahiji and his team have done an incredible job of creating a loyal community of investors and issuers,” said SRAX founder and…
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://nnw.fm/SRAX
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.