SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, today announced the merger between Force Protection Video Equipment Corp. (“FPVD”), also known as BIGtoken, and Britepool. According to the update, SRAX’s resulting ownership position will cause the deconsolidation of its subsidiary, BIGtoken, from the date of the close of the transaction. “We are excited for the BIGtoken and Britepool teams to come together for this merger. The new combined management team is incredible,” said Christopher Miglino, founder and CEO of SRAX. “The movement of our position to a preferred share, which is currently worth a significant amount of money, will be very beneficial for our shareholders. The market will now be able to understand the true value that SRAX is generating on its own. We are currently exploring the best way to maximize the value of this asset for our shareholders.”
To view the full press release, visit https://ibn.fm/te8vF
About SRAX Inc.
SRAX is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can 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.
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
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