SRAX
(NASDAQ: SRAX), a digital marketing and consumer data management technology
company, today announced its entry into a secured term loan with an affiliate
of B. Riley Financial, Inc. (“B. Riley”), a diversified financial services
company which provides comprehensive business advisory and capital markets
solutions through its subsidiaries. “We are excited to partner with B. Riley.
The team is experienced and will help us take the next steps in executing our
plan,” SRAX Founder and CEO Christopher Miglino said in the news release. “This
financing will help fuel growth as both BIGtoken.com and SRAXir.com are gaining
traction in their goals to be the leaders in their respective data businesses.”
To view the full press release, visit http://ibn.fm/mtTWi
About SRAX Inc.
SRAX Inc. (NASDAQ: SRAX) is a digital marketing and
consumer-data-management technology company. SRAX’s technology unlocks data to
reveal brands’ core consumers and the characteristics of those consumers across
marketing channels. Monetizing its data sets, SRAX is growing multiple
recurring revenue streams through various platforms. Through its BIGtoken
platform, SRAX has developed a consumer-managed data marketplace where people
can own and earn from their data, thereby offering everyone in the internet
ecosystem choice, transparency and compensation. SRAX’s tools deliver a digital
competitive advantage for brands in the CPG, investor relations, luxury and
lifestyle verticals by integrating all aspects of the advertising experience,
including verified consumer participation, into one platform. For more
information on SRAX, visit www.SRAX.com.
NOTE TO INVESTORS: The latest news and updates
relating to SRAX are available in the company’s newsroom at http://ibn.fm/SRAX
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