Brief: Srax To Move Bigtoken Into Its Own Public Company

BIGtoken

01/10/2020 15:13

Oct 1 (Reuters) - SRAX Inc  SRAX.O :
    * SRAX TO MOVE BIGTOKEN INTO ITS OWN PUBLIC COMPANY
    * SRAX- UNDER AGREEMENT, CO WILL TRANSFER ALL OF OUTSTANDING
EQUITY OF BIGTOKEN IN EXCHANGE FOR 88.9% OF ISSUED AND
OUTSTANDING SHARES OF FPVD
    * SRAX - CO'S CEO CHRISTOPHER MIGLINO WILL REMAIN AT SRAX TO
LEAD
SRAX AND SEQUIRE TEAM, WHILE ALSO SERVING AS CHAIRMAN OF NEW
ENTITY

Source text for Eikon:  ID:nBw4kkw5ya 
Further company coverage:  SRAX.O 

 ((Reuters.Briefs@thomsonreuters.com;))