Approximately $40 million in cash and more than $15 million in short-term investment assets as of June 30, 20261
Estimated net asset value of approximately $60 million and no debt outstanding as of June 30, 2026¹
Approximately 19.5 million shares outstanding on post 1-for-60 split basis as of July 6, 20261
NORTH PALM BEACH, Fla., July 08, 2026 (GLOBE NEWSWIRE) -- SRX Global Inc. (NYSE American: SRXH) (the "Company", or "SRX"), an AI-enabled platform dedicated to generating long-term shareholder value through investments in high-conviction operating companies and strategic assets, today provided shareholders with a preliminary update on certain balance sheet metrics and its capitalization structure following the recently completed acquisition of EMJX and share consolidation effectuated on July 6, 2026.
"Following the completion of the EMJX acquisition and the elimination of all outstanding debt, we have entered the second half of 2026 with one of the strongest balance sheets in the Company's history," states Kent Cunningham, CEO.
The Company's strengthened balance sheet provides significant financial flexibility to execute its long-term capital allocation strategy, and management does not anticipate the need for additional capital raises in the foreseeable future. Management remains focused on maintaining liquidity and balance sheet strength while deploying capital in a disciplined manner across investments in its operating companies, treasury optimization initiatives, strategic investments, and value-enhancing acquisitions with the objective of maximizing long-term shareholder value.
Preliminary Balance Sheet & Capital Allocation Highlights1:
Estimated net asset value of approximately $60 million, or $3.07 per common share, as of June 30, 2026
Approximately $40 million in cash and more than $15 million in short-term investments as of June 30, 2026
No debt outstanding as of June 30, 2026
Approximately 19,517,834 common shares outstanding following the Company's reverse stock split effectuated July 6, 2026
Capital Allocation Framework
SRX believes disciplined capital allocation is fundamental to long-term shareholder value creation. The Company intends to allocate capital across the following strategic priorities:
Maintain Financial Flexibility - Preserve balance sheet strength and liquidity to capitalize on high-conviction investment opportunities while maintaining disciplined, returns-focused capital allocation.
Optimize Treasury Returns - Strategically deploy excess corporate liquidity into a diversified, highly liquid, investment-grade fixed-income portfolio designed to preserve principal, maintain near-immediate liquidity and enhance risk-adjusted treasury returns.
Reinvest in Halo - Continue investing in Halo to accelerate product innovation, commercial execution, distribution expansion and long-term organic growth.
Pursue Strategic Investments and Opportunistic M&A - Deploy capital toward strategic investments and value-accretive acquisitions that complement the Company's portfolio and leverage its AI-enabled investment platform.