Freedom Holding completes acquisition of LD Micro from SRAX for $8.3M

Freedom U.S. Markets (FRHC) announced that it has completed the acquisition of LD Micro from SRAX (SRAX). The total consideration of $8.3M includes $4M in cash and FRHC common stock valued at $4.3M. LD Micro offers two premier small-cap conferences annually, the Invitational: June 6-8 and the Main Event: October 3-5 , which hosts over 200 companies and 1,000 investors. For the past 15 years, the LD Micro conferences have showcased the next big names in the small-cap world to investors and influencers. In addition, the LD Micro Index provides one of the most accurate representations of the intraday activity of micro-cap stocks in North America. SRAX will also serve as the exclusive streaming partner for LD events in the coming years and provide quality coverage for its global audience using the Sequire platform.