SRAX Inc. (NASDAQ: SRAX) Bolsters Investment Analytics Platform Through Acquisition of LD Micro
Sep 11, 2020 (MENAFN via COMTEX) —
(MENAFN – Investor Brand Network)
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…
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