NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Rai
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Posted On: 06/25/2020 2:46:44 PM
NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Raises $13M for Rapid Expansion of Investor Intelligence, Data Analytics and Communications Platform
SRAX (NASDAQ: SRAX), a digital marketing and consumer data management technology company, today announced its entry into definitive securities purchase agreements led by existing institutional investors for the purchase and sale of an aggregate of $13 million senior secured convertible debentures at an above market fixed conversion price of $2.69. According to the update, the Company intends to use the proceeds to fund the rapid expansion of its investor intelligence, data analytics and communications platform, Sequire.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
SRAX (NASDAQ: SRAX), a digital marketing and consumer data management technology company, today announced its entry into definitive securities purchase agreements led by existing institutional investors for the purchase and sale of an aggregate of $13 million senior secured convertible debentures at an above market fixed conversion price of $2.69. According to the update, the Company intends to use the proceeds to fund the rapid expansion of its investor intelligence, data analytics and communications platform, Sequire.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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