r/pennystocks • u/rickster9 • Jun 12 '26
๐บ๐๐๐๐ ๐ฐ๐๐๐ $SRXH โ Merger, Ticker Change, Special Dividend & $OPEN/ $SPCX Connection (DD)
Hey guys, here is my latest release, after ($ROLR, $RIME and $SUUN which has changed ticker to -> $PBK). Still invested in $PBK, and now $SRXH as well.
I have been following SRx Health Solutions ($SRXH) and think it may be one of the more interesting special-situation microcaps right now. It has been sold off so hard in the last year that I think given the upcoming catalysts it is bound to start trending in the right direction.
The market still seems to view it as the legacy SRx business, but the company is in the process of transforming into an entirely different story through its merger with EMJX.
Corporate Transformation:
โข Shareholders have approved the merger transaction.
โข Upon closing, the company is expected to change its name from SRx Health Solutions to EMJX, Inc.
โข The ticker symbol is expected to change from SRXH to EMJX before the end of June (next 2 weeks).
โข The company is expected to remain listed on the NYSE American.
This means investors could soon be looking at a completely different company, management team, and investment thesis than what SRXH has historically represented.
Leadership Angle:
One thing that caught my attention is the involvement of Eric Jackson, who is expected to become CEO and Chairman of the combined company.
โข Jackson is known in investing circles for identifying turnaround and growth opportunities before they became widely followed.
โข Many investors recognize him from his early bullish thesis on Opendoor ($OPEN), which ultimately produced insane returns bottom to top ($0.50 -> $10.87) after a 90%+ drop.
โข EMJXโs materials also highlight successful calls involving companies such as Opendoor and Carvana.
Past performance doesnโt guarantee future results, but having a public-market investor with a visible track record leading a microcap is relatively uncommon.
Special Dividend Potential:
Another unique aspect is the recently approved plan to distribute 75% of profits generated from the companyโs investment in Astro Investment XVIII back to shareholders when that vehicle is ultimately monetized.
โข Astro Investment XVIII reportedly includes exposure to private companies, including SpaceX allocations.
โข If those investments appreciate and are eventually realized, shareholders could potentially participate through future special dividend distributions.
Why Itโs Interesting:
โ Merger catalyst
โ New CEO and leadership team
โ Corporate rebrand
โ Ticker change to EMJX
โ Potential special dividend
โ Indirect SpaceX exposure
โ Still relatively unknown to most investors
TLDR:
$SRXH appears to be transitioning from a legacy healthcare company into a completely new investment story through its EMJX merger. Between the upcoming ticker change, Eric Jacksonโs involvement, and the potential future dividend tied to Astro Investment XVIII, there are several catalysts that could bring additional attention to the stock over the coming months.
Not financial advice. Do your DD. The reward outsizes the risk in my opinion given how much it has fallen already over the last year. You are buying at basement levels with multiple upcoming catalyst on the horizon. Let's bank!
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u/Responsible_Lie_1989 Jun 13 '26 edited Jun 14 '26
30,000 shares at an average of $0.1184. you don't even need this to go above $1 to double/triple your money at this level. Merger hype alone will easily take it to the $0.50-$0.90 cent range IMO but your due diligence is missing the fact that upon merger closure, members of EMJX (Eric Jackson, others on the board) cannot sell their shares for a period of 180 days, which will make the tradable float much smaller
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u/sangy1986 Jun 12 '26
You need to put more efforts on there AI tool that predicts lots in ahead..
Please check it as well..
Great post..
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u/CatArray Jun 12 '26
"Jackson is known in investing circles for identifying turnaround and growth opportunities before they became widely followed." haha sure
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u/New-Animal-2570 Jun 13 '26
I have 2k. Going to make my $200 back and just enjoy the ride from there
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u/arcanis02 Jun 12 '26
Is this a short term play for you? What's your TP? Already in since last month
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u/ulysse-x31 Jun 13 '26
looks interesting on paper, but what about the dilution ? Anyone ?
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u/Capable-Promotion-84 Jun 13 '26
Dilution is a possibility but Eric Jackson has repeatedly stated that itโs not the way he wants to go. Maybe once the merger closes weโll know more about his plans
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u/NoOrganization1400 Jun 12 '26
Is it worth buying now , just under 15 cents? Or is it too late to get in? I was hoping to get in at 11-11.5
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u/rickster9 Jun 12 '26
Itโs still insanely oversold, looking at the 52w chart we have a lot of room to make our way up and the catalysts in the next 2 weeks are massive. Do whatever youโre comfortable with though!
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u/NoOrganization1400 Jun 12 '26
Thanks. I am going to see where it sits on Monday. Hopefully it will settle back at around .12-13 . Either way Iโll buy in unless the price is crazy high
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Jun 13 '26
[deleted]
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u/BrasilianReptilian Jun 13 '26
Itโs not getting listed on the NASDAQ so it does not need to be $1.00. It will be on the American NYSE and needs to hold a minimum of $0.20
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Jun 12 '26
[removed] โ view removed comment
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u/Negative334 Jun 13 '26
5X the average daily volume on friday, SpaceX IPO ties, plus Opendoor (OPEN), Uber (UBER), Optimi(OPTH), Smartkem (SMTK) and it only mustered a 2 cent gain!
Hard pass on this diluting pump and dump scam
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u/fragmonk3y Jun 14 '26
So what is the ticker I need to buy? SRXH OR EMJX?
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u/rickster9 Jun 14 '26
$SRXH, it will become $EMJX in a merger (ticker change) in like 2 weeks
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u/Admirable-Tonight612 Jun 15 '26
I heard reports it could be today, possible?
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u/rickster9 Jun 15 '26
It can be any day in the next 2 weeks essentially
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u/Beneficial_Star_3823 Jun 18 '26
Hey man, the stock dropped 30% today, do you know why? Will it go back up again?
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u/rickster9 Jun 18 '26
Merger was confirmed, Eric Jackson as president, everything I expected / predicted. Possible sell the news scenario but iโm buying more at these levels before the ticker change
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u/Beneficial_Star_3823 Jun 18 '26
What can i do to not panic? I mean, i'm new to investing? Any tips are appreciated!
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u/rickster9 Jun 18 '26
Just hold the stock thereโs no reason to panic? You donโt realize losses until you sell. So hold and take some gains as it moves back up over time
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u/Beneficial_Star_3823 Jun 18 '26
I love your point, will it go higher within 2 weeks? Or i should hold it long-term?
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u/rickster9 Jun 18 '26
I plan to sell half on merger and ticker finalization hype and keep some for the long term
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u/Glittering-Archer-59 Jun 19 '26
Nobody knows for sure man but I can promise you it will go up or it will go down
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u/Wolf-Camel-7887 Jun 15 '26
Those worried about buying at 15 cents, just dont bother ๐
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u/rickster9 Jun 15 '26
Right! Thatโs what iโm saying ๐ nice move todayโฆ expecting more to come this week!
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u/TornadoTempest0 Jun 13 '26
I found this x post from December, about the stock are you guys think this is still holding some weight?
Also link if interested: https://x.com/gnoble79/status/2003568891348316501
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u/Livid-Grocery7942 Jun 13 '26
We need more people to jump into this opportunity, we all gonna make a shitload of money bro, IEJWT
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u/Beneficial_Star_3823 Jun 15 '26
Hello Mr. Rick, is it possible to ask some questions in dm? I'm just looking for advice! Thank you
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u/Anywhere-Adventurous Jul 07 '26
scam company. They out to liquidate yo asses $SRXH so they can grow. Just saying
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u/rickster9 Jul 07 '26
I obviously wasnโt aware of the RS or I wouldnโt have suggested it, no one was aware except management. I have to figure out now how long to hold, if to average down or cut bait
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u/Present-Doughnut9816 Jun 12 '26
Its so sweat spce scam made so many bankrupts so they can't buy more srxh. Karma
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u/setinmt Jun 13 '26
You ok?
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u/Present-Doughnut9816 Jun 13 '26
I didn't buy any spce pump and I have 0.123 srxh average cost. I'm fucking great
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u/setinmt Jun 13 '26
It's not about going to Mars. It's about reliable Internet access anywhere in the world. But you do you bud!
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u/msa1124 Jun 12 '26
Pump and dump trash
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u/rickster9 Jun 12 '26
This will be 15 to 40% higher by next week. Iโll check back in with you then ๐
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