Tuesday, October 17, 2017

Social Reality Looks For A Buyer For SRAXmd

Los Angeles-based advertising technology developer Social Reality said this morning that it has engaged financial advisors to pursue "strategic alternatives" to its SRAXmd healthcare business. Social Reality said it is considering spinning off the business into its own public company, strategic acquisitions or a variety of other possible transactions. SRAXmd provides digital and mobile advertising services to the healthcare and pharmaceuticals market. The company said it has hired Chardan Capital Markets, LLC and Noble Financial Capital Markets as financial advisors as part of the effort.

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