Mentioned:
Eric Jackson has a new ambition: leading a publicly traded company on the New York Stock Exchange.
What’s happening:
- SRx Health (NYSE: SRXH) has entered into reverse merger deal with digital asset treasury platform EMJX which is founded by fund manager Eric Jackson
Why it matters:
- This is the first time ever that Eric Jackson will directly lead a publicly traded company
Going deeper:
- EMJX has publicly stated they plan to hold Bitcoin and Ethereum directly as an asset while being focused on implementing strategies to hedge volatility and generate returns beyond simply passively holding digital assets
- Eric Jackson has been aggressively betting on early stage technology companies lately, including taking positions in Opendoor (NASDAQ: OPEN) and Nextdoor Holdings (NYSE: NXDR)
