EMJX Founder Updates Shareholders on SRx Merger Timeline After S-4 Filing

The deal would place EMJX’s digital‑asset treasury platform inside SRx pending regulatory and shareholder approval.

Overview

EMJX founder and CEO Eric M. Jackson issued a shareholder letter outlining operational progress and the planned steps to close the SRx acquisition.
SRx filed a Registration Statement on Form S‑4 with the SEC to register stock for the merger, which includes the information statement and prospectus that will be sent once the filing is effective.
Jackson said the transaction now enters a standard SEC review and would proceed to closing after required approvals, with EMJX to operate as a wholly owned SRx subsidiary.
The update highlighted early results for EMJX’s strategies, citing a 5.69% March gain in the hedging program versus a 4.98% drop in the S&P 500 and mid‑April gains of about 3.5% in the hedging pool and 8% in long Treasury holdings.
SRx also disclosed open‑market purchases of Compass and a larger stake in Opendoor and said it will provide market‑performance updates each quarter with the release framed as informational and not an offer to sell securities.