SRAX to Acquire LD Micro
September 04 2020 - 4:11PM
Business Wire
The combined entities will focus on the rapid adoption of
SRAX’s Sequire platform as well as hosting virtual and in-person
events. Chris Lahiji to join SRAX’s board of directors.
SRAX, Inc. (NASDAQ: SRAX), a financial technology company that
unlocks data and insights for publicly traded companies through
Sequire, its SaaS platform, announced that it will acquire LD
Micro, a leading data and event company serving the small and
micro-cap space.
“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 Christopher Miglino, founder and CEO of SRAX. “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.”
Chris Lahiji, founder of LD Micro, commented, "What Chris and
his team at SRAX have built is simply remarkable. The platform is
an absolute game changer for public companies and their
shareholders. Both companies believe that one day executives will
rely on Sequire the same way investors rely on Bloomberg. Over
1,500 companies have presented at LD Micro’s events since 2008, and
almost all of them would be immediate beneficiaries of this
technology.”
Lahiji continued, “We are also impressed with SRAX’s plans for
the next generation of events, and with more than one million
investors on Sequire so far, we will continue hosting
industry-leading forums with an audience that is 50 times our
current reach.”
SRAX’s Sequire platform is a robust suite of products for public
company issuers, including:
- Investor intelligence, both institutional and retail
- Investor outreach
- Warrant tracking
- Survey creation
- Events and roadshows
- Investor CRM
As part of the transaction, Chris Lahiji will join SRAX’s board
of directors.
Mitchell Silberberg & Knupp LLP served as legal advisor to
LD Micro. Silvestre Law Group served as counsel for SRAX.
The transaction is expected to close next week.
Conference Call to Discuss Transaction
SRAX will host a webinar on Tuesday, September 8 at 11:00 a.m.
ET / 8:00 a.m. PT to discuss the synergies of the combined
companies. Register to join here:
https://vr.mysequire.com/registration/?id=1017083
About SRAX
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, companies can track their investors’ behaviors and trends
and use those insights to engage current and potential investors
across marketing channels. For more information on SRAX, visit
srax.com and mysequire.com.
About LD Micro
LD Micro was founded in 2006 with the sole purpose of being an
independent resource in the microcap space. What started out as a
newsletter highlighting unique companies has transformed into
several virtual and in-person events hosted annually. For more
information on LD Micro, visit ldmicro.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200904005494/en/
Natalie Santos investors@srax.com
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