SRX Global reports $60M NAV, $40M cash, no debt post-acquisition

SRX Global Inc. provided a preliminary update on its balance sheet metrics and capitalization structure following the recent EMJX acquisition and a 1-for-60 reverse stock split. The company reported a strong financial position with an estimated net asset value of approximately $60 million, $40 million in cash, over $15 million in short-term investments, and no outstanding debt as of June 30, 2026. Management highlighted significant financial flexibility and a disciplined capital allocation strategy, not anticipating additional capital raises in the foreseeable future.