SRAX Signs Agreement to Merge with DNA Holdings [Yahoo! Finance]
SRAX, Inc. (SRAX)
Last srax, inc. earnings: 11/14 04:05 pm
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Source: Yahoo! Finance
publicly traded companies through its SaaS platform Sequire, announced today it has entered into a definitive merger agreement with DNA Holdings Venture Inc. pursuant to which the shareholders of DNA will become the majority owners of SRAX's outstanding common stock as more fully described below upon the closing of the merger. DNA has been a long term investor in SRAX and currently owns approximately 35% of the company. DNA is a Web3 investment company which provides both advisory services and invests in Web3 infrastructure. The company was founded by Brock Pierce, the Chairman of the Bitcoin Foundation and Scott Walker, one of the most successful investors in Web3. The DNA team has been co-founders, investors and advisors in some of the most notable Web3 projects in the world; including Tether (USDT), Blockchain Capital (Web3 Venture Fund), Hedera Hashgraph (HBAR) among many others. Each of the projects listed are currently valued between $5B and $100B USD. DNA Holdings currently
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SRAX
News
- SRAX Signs Agreement to Merge with DNA HoldingsGlobeNewswire
SRAX
Sec Filings
- 5/13/24 - Form 8-K
- 4/2/24 - Form 8-K
- 3/6/24 - Form 8-K
- SRAX's page on the SEC website