BIGToken, Inc. this morning announced the closing of its share exchange transaction with Force Protection Video Equipment (OTC: FPVD) resulting in BIGToken now being a public company by way of a reverse merger. FPVD issued SRAX (NASDAQ: SRAX), the parent company of BIGToken, a total of 149,562,566,584 shares of common stock in exchange for 100% of the issued and outstanding shares of BIGToken, per the terms of the share exchange agreement dated September 30, 2020, as amended. Additionally, FPVD issued 7,000,000,000 shares of common stock and 8,318 shares of its C convertible stock, convertible into a total of 9,991,922,638 shares of common stock, subject to certain ownership limitations, which were issued in exchange for promissory notes totaling $815,520 plus accrued interest of $32,597.
To view the full press release, visit https://ibn.fm/EnTJ2
SRAX is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels. For more information about the company, please 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
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.investorwire.com
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
InvestorWire is part of the InvestorBrandNetwork.