The website will feature articles geared toward microcap investors, as well as syndicated press releases and news on companies. SRAX said in a statement that the goal of the website is to provide information for small and microcap investors in addition to increased attention for companies.
Microcap.com’s purpose is to act as an information aggregation hub and interactive environment for the growing microcap investor community.
“We are committed to building products that enhance exposure for public companies, and microcaps.com is a great example of the new tools we’re creating to gain more exposure for public issuers,” Christopher Miglino, SRAX’s chief executive, said in a statement.
Shares of SRAX (SRAX) closed Wednesday up 17 cents, or 3.2 percent, to $5.44 on the Nasdaq.