Have always enjoyed that this board knows absolutely nothing about what is going on with this company
See my last 5-7 posts, as it was fairly clear they were going to do a stock-for-stock acquisition based on recent filings and market cap (and lack of cash). The question has been who they were acquiring - ad tech or crypto/blockchain? - and whether there'd be a PIPE along with it.
Well, we now know it's a pure play ad tech acquisition. Certainly not the original BigT vision published in 2018 about creating a data marketplace on the blockchain. Now, this doesn't mean they're abandonding it and perhaps a token and blockchain rollout is in the cards for later...but consider that FPVD/BigT as an adtech play was NOT fueling the earlier stock run.
The 4.99% and 9.99% figures are to ensure certain regulatory requirements (e.g., public disclosures) are not triggered by SRAX holdings. See RedDiamond's agreements which had 4.99% blocker which, for example, enables them to sell shares without public filings.
News 
Market Data 
Discover 
