Workflow
AI-Enabled Risk Controls
icon
Search documents
Eric Jackson To Head Crypto Treasury — SRX Health Stock Soars
Benzinga· 2025-12-16 14:19
Core Insights - Eric Jackson, a hedge fund manager, is set to become CEO of a publicly-traded crypto treasury company following the acquisition of EMJ Crypto Technologies by SRx Health Solutions [1][2] - The transaction is expected to close in the first quarter of 2026, with the combined company operating under the EMJX name and changing its ticker symbol [2] Company Overview - SRx Health Solutions, Inc. (AMEX:SRXH) has signed a definitive agreement to acquire EMJ Crypto Technologies (EMJX), which focuses on managing digital asset treasuries [1] - EMJX is positioned as a "Gen2" treasury operating system, differentiating itself from traditional "Gen1" models [2][7] EMJX Model and Goals - EMJX aims to hold a variety of digital assets, employing hedging and risk management strategies to generate excess capital for reinvestment [5] - The model seeks to minimize dilution by generating its own capital, reducing the need to sell additional stock for funding [5] - Jackson emphasizes that the next phase in digital assets will focus on disciplined risk management and multi-asset flexibility rather than reliance on single-asset exposure [6] Market Performance - Following the announcement, shares of SRx Health Solutions surged by 200% in premarket trading, reaching 91 cents [6]