Deal Snapshot
SRAX Closes Acquisition of Data and Event Firm LD Micro
Thursday 17 September 2020

US-based financial technology company SRAX, Inc. (NASDAQ: SRAX) has closed the acquisition of data and event firm LD Micro, the company said.

As consideration for the acquisition, SRAX issued 1.6m shares of class A common stock that are subject to lock-up for thirty-six months to shareholders of LD Micro and will pay four USD 1m quarterly installments with the first payment made at the closing.

Date Published: 17/09/2020