India, July 8 -- SRX Global Inc. (SRXH) announced preliminary balance sheet results following its recent acquisition of EMJX and the completion of a 1-for-60 reverse stock split on July 6, 2026.
The company reported an estimated net asset value of approximately $60 million, or $3.07 per common share, as of June 30, 2026. SRX Global held about $40 million in cash and more than $15 million in short-term investments, with no debt outstanding. The company now has roughly 19.5 million shares outstanding. The company now has roughly 19.5 million shares outstanding on a post-split basis.
CEO Kent Cunningham stated that the elimination of debt and completion of the EMJX acquisition have positioned SRX with one of the strongest balance sheets in i...