SRx Health, EMJX issue letter to shareholders

SRx Health (SRXH) Solutions and EMJ Crypto Technologies released a letter to shareholders providing an update on the proposed transaction from Eric. Jackson, the creator of the EMJX platform. Jackson will be appointed as an officer of the Company’s EMJC subsidiary following the merger. “I wanted to take this opportunity to provide an update on our latest progress and the merger agreement between the Company and EMJX… As we look forward, we have been focused on expanded treasury deployment to areas we believe have high growth potential. Just yesterday, the Company announced it had acquired shares in the open market of Compass Inc. and increased its investment in Opendoor Technologies Inc. I understand that complex corporate transactions like this can create uncertainty, but I want to reiterate my confidence in this deal and its ability to propel our business and deliver long-term shareholder value. This week, the Company filed a registration statement on Form S-4 with the SEC for this important transaction. SRXH’s Board of Directors and EMJX are committed to maximizing shareholder value through this transaction and structuring the post-merged company in a way that best aligns with all shareholders. Now that the S-4 is filed, we will undergo a regulatory review period – a typical process for this type of transaction – and, pending approval, we will then be cleared to close. We are following the clear process as laid out by the SEC, but hope to conclude this as soon as possible. Upon completion, the EMJX platform will operate through a wholly-owned subsidiary of the Company. As Founder of EMJX, I am proud of the performance that it is delivering so far and I am thrilled to show what we can do in the future.”