As filed with the Securities and Exchange Commission on November 4, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 SRx HEALTH SOLUTIONS, INC. (Exact name of registrant as specified in its charter) (STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION) DELAWARE 5961 83-4284557 (PRIMARY STANDARD INDUSTRIAL CLASSIFICATION CODE NUMBER) (I.R.S. EMPLOYER IDENTIFICATION NUMBER) 12400 Race Tr ...

Core Insights - Kraken reported a revenue of $472 million in Q1 2025, indicating a promising outlook despite facing challenges in regulatory compliance and AI-enabled fraud [1] Regulatory Compliance - Kraken holds 12 regulatory registrations and licenses, including Money Services Business registration with FinCEN in the US and FINTRAC in Canada, requiring all users to complete KYC verification [2] - The EU's Transfer of Funds Regulation, effective December 30, 2024, mandates crypto asset service providers to include sender and receiver information in transactions, with Kraken's pilot focusing on US operations [3] Fraud and Security Challenges - Synthetic identity fraud, which uses AI to create legitimate-looking profiles, accounted for 28% of fraudulent registrations on crypto exchanges in 2024, with 60% of deposits into scam wallets involving AI technology [4] - Deepfake technology poses a challenge to traditional KYC processes, as it can create synthetic identities that bypass standard verification methods [5] INFINITY Authentication Platform - Kraken has joined a pilot program for Eightco's INFINITY authentication platform, which aims to address identity verification challenges across various jurisdictions [1][3] - INFINITY is designed to embed authentication within applications, acting as a "trust layer" for verifying human identity [5] Market Context - The financial services sector targeted by INFINITY represents approximately $35 trillion in global assets, while crypto treasuries approach $500 billion in assets under management [7] - Adoption rates for new authentication technologies in these sectors typically take several years [7] Funding and Support - Eightco's backers include notable firms such as BitMine, World Foundation, and Kraken, among others, indicating strong support within the industry [8]

Core Points - A California brokerage firm, J.K. Financial Services, has been fined $65,000 by regulators for multiple disclosure failures [2] - The violations pertain to omissions in Form CRS, which is a required customer relationship summary detailing the firm's business model, conflicts of interest, and prior disciplinary history [2] Summary by Category Regulatory Actions - The Financial Industry Regulatory Authority (Finra) imposed a fine of $65,000 on J.K. Financial Services for alleged violations [2] - The firm is accused of failing to provide essential information in its Form CRS, which is critical for customer understanding [2] Compliance Issues - The alleged violations include non-compliance with Regulation Best Interest (Reg BI) and inadequate supervision practices [2] - The importance of Form CRS is highlighted as it serves to inform clients about the brokerage's operations and any potential conflicts [2]

Core Insights - XRP presents a compelling investment opportunity, but distinguishing between a potential windfall and a sustainable investment strategy is crucial [1] - The current market cap of XRP is approximately $181 billion, indicating that substantial capital investment is necessary for significant returns [2] Investment Potential - For XRP to achieve a tenfold increase, it requires strong execution in technology, regulatory relations, distribution, and user engagement within financial institutions [3] - XRP is considered too mature to deliver outsized returns in the near term for typical investors, especially those investing less than $10,000 [3] Institutional Appeal - XRP must maintain its attractiveness to institutions focused on regulatory compliance, settlement finality, and low transaction fees, with features like authorized trust lines and freeze functions being essential [4] - The XRP Ledger (XRPL) is positioned favorably compared to competitors in terms of regulatory features [4] Market Infrastructure - The liquidity on the XRPL needs to improve to meet the demands of banking and currency exchange institutions [5] - The launch of the Automated Market Maker functionality in early 2024 is expected to enhance on-chain liquidity tools [5] Future Growth Areas - XRP has significant growth potential in areas such as real-world asset tokenization, money transfers, and payment processing [6] - Securing partnerships with financial institutions is critical for XRP's success [6]

Core Insights - Polymarket is set to reopen to U.S. users after nearly four years of being effectively banned by the CFTC, with potential relaunch as soon as tomorrow [1] - The company acquired QCX LLC for $112 million, gaining a Designated Contract Market license that allows self-certification of markets for U.S. users [2] - Following the acquisition, Polymarket received a no action letter from the CFTC, allowing it to proceed with its U.S. operations [3] Company Developments - Polymarket is targeting U.S.-based users with regulated and self-certified markets, leveraging its DCM license [4] - The company has stated that markets will be listed no earlier than October 2, 2025, with filings for various event contracts [5] - CEO Shayne Coplan discussed the evolving regulatory landscape during a panel with other industry executives [6] Market Context - Polymarket gained prominence during the lead-up to the 2024 election, successfully predicting the reelection of President Donald Trump [3] - The prediction market sector has seen significant growth, with Polymarket and its competitor Kalshi achieving hundreds of millions in weekly trading volume [3] - Kalshi has recently gained market share due to its established presence in the U.S. through its own DCM license [3]

Core Insights - GROW Capital, Inc. has engaged Cherry Bekaert LLP for independent audits of its fiscal 2024 and 2023 financial results, marking a commitment to transparency and regulatory compliance [2][3] - The return to independent audits is seen as a pivotal step towards uplisting to a more senior tier of OTCMarkets and completing a review of a Form 211 under SEC Rule 15c2-11 [3][4] - The company aims to achieve OTCQB tier compliance and explore uplisting opportunities with NASDAQ, NYSE American Exchange, or the upcoming Texas Stock Exchange [4][5] Company Strategy - GROW Capital's strategic goals include scaling subsidiaries, expanding fintech capabilities, and pursuing new market opportunities [5][6] - The company operates through subsidiaries such as PERA LLC, PERA Administrators LLC, and Bombshell Technologies LLC, providing retirement plan administration and fintech solutions [6]

Group 1 - M&T Bank Corporation (MTB) is recognized as one of the 11 Cheap Quarterly Dividend Stocks to buy currently [1] - The company operates as a regional lender with a strong presence in community, commercial, and retail banking, offering services such as mortgage lending and consumer finance [2] - Recent priorities for MTB include regulatory compliance, disciplined capital and liquidity management, risk oversight, and growing fee-based income [3] Group 2 - M&T Bank declared an 11% increase in its quarterly dividend to $1.50 per share, marking the ninth consecutive year of dividend growth [4] - As of September 23, the stock has a dividend yield of 2.99% [4]

Core Insights - UBS Group AG has agreed to pay €835 million ($986.8 million) to resolve a long-standing French tax case related to its cross-border business activities from 2004 to 2012 [1][8] Summary by Sections Settlement Details - On September 23, 2025, UBS announced it would pay a €730 million ($862.7 million) fine and €105 million ($124.1 million) in civil damages to the French state, indicating that the matter is fully provisioned and aligns with the company's strategy to address legacy issues [2][8] Historical Context - The French tax case dates back over a decade, with a February 2019 ruling finding UBS guilty of illicit client solicitation and laundering tax fraud proceeds, resulting in a record fine of €3.7 billion ($4.4 billion) and €800 million ($945.4 million) in civil damages [3] - In December 2021, the Paris Court of Appeal upheld the guilty verdict but reduced some penalties, lowering the fine to €3.75 million ($4.43 million) and adding €1 billion ($1.18 billion) in confiscations while maintaining the €800 million in damages [4] - The French Supreme Court confirmed the guilty verdict in November 2023, leading to a reassessment by the Paris Court of Appeal and ultimately the 2025 settlement [4] Other Regulatory Matters - UBS has settled additional regulatory issues, including a $300 million payment to the U.S. Department of Justice in August 2025 related to Credit Suisse's mortgage-backed securities business and $511 million for a tax probe involving Credit Suisse's role in aiding U.S. clients in tax evasion [5] - In August 2023, UBS paid $1.44 billion to settle mortgage-related misconduct from the 2008 financial crisis, highlighting the need for improved compliance practices amid ongoing legal costs from Credit Suisse [6] Financial Performance - Over the past six months, UBS Group shares have increased by 25.0%, outperforming the industry's growth of 22.4% [7]

Core Insights - FE fundinfo has acquired AlphaOmega, enhancing its regulatory reporting services for investment managers in Europe [1][3] - Antoine Capone from AlphaOmega will become the General Manager for Luxembourg, contributing to product development and client services [1][3] Company Overview - AlphaOmega specializes in regulatory output services for the EU, UK, and Switzerland, focusing on consolidating reporting processes and applying regulatory standards [2] - The company also performs in-house calculations to support its reporting services [2] Strategic Implications - The acquisition is seen as a significant milestone for FE fundinfo, aimed at delivering client value through a comprehensive set of offerings [3] - The deal reinforces FE fundinfo's commitment to growth in Luxembourg, which is now its second-largest global operation [4][5] Operational Enhancements - The acquisition will double FE fundinfo's presence in Luxembourg, enhancing its expertise in regulatory reporting frameworks [5] - AlphaOmega's clients will gain access to FE fundinfo's Nexus platform, which includes services like product data management and regulatory reporting [4][5] Technology Integration - The Nexus platform will integrate the combined services, focusing on data management, regulatory compliance, and global distribution [6] - AlphaOmega's technology is designed for scalability and complexity in regulatory reporting [6]

Group 1 - 7-Eleven will pay $1.2 million to resolve charges for violating a D.C. law that restricts the sale of vapes and e-cigarettes near schools [8] - A D.C. law enacted in October 2022 prohibits the sale of electronic smoking devices within a quarter mile of middle and high schools [8] - 16 7-Eleven stores sold over 7,500 electronic smoking devices after the law was enacted, leading to the penalty [8] Group 2 - In response to the violation, 7-Eleven has removed all vapes from the affected stores and agreed to enhance compliance training for staff [5] - The company will monitor franchise stores for compliance and send annual reminders about the ban [5] - Franchisees violating the law four times in the next two years risk losing their franchise agreements [6]