SRX Global raises USD 3.47 million in unregistered Series B preferred stock sale, issues warrants

Reuters2026/07/28 13:58

By:Reuters

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SRX Global completed an additional private placement closing on July 27, 2026, raising about $3.47 million in cash.
Issued 4,340 shares of Series B convertible preferred stock, alongside 284,156 warrants to buy common stock.
Financing stems from a March 16, 2026 securities purchase agreement for up to $8 million of Series B preferred stock plus warrants.
Initial March 16, 2026 closing raised about $4.53 million, issuing 5,660 Series B preferred shares plus 22,237,666 warrants.
Warrant count reflects the 60-for-1 reverse stock split effective July 2, 2026; securities sold in an unregistered offering under Section 4(a)(2) or Rule 506.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SRX Global Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-034950), on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SRX Global raises USD 3.47 million in unregistered Series B preferred stock sale, issues warrants

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