SRXH is trading at $1.19 (-11.85%) in pre-market as the stock extends a sharp two-day slide following its recent reverse split and rebranding.

  • The company recently completed a 1-for-60 reverse stock split and rebranded to SRX Global, though market enthusiasm regarding the EMJ Crypto acquisition appears to be fading.
  • Sentiment is further weighed down by compliance pressure related to NYSE American stockholders’ equity requirements.