Tranche Update on SRAX, Inc.'s Equity Buyback Plan announced on August 17, 2021.

SRAX Inc. is a technology company, which is focused on enhancing communications between public companies and their shareholders and investors. The Company operates through a single segment, which consists of two distinct business units. The Sequire business unit includes the licensing of the Company’s proprietary software-as-a-service (SaaS) platform and associated data analysis technologies, consumer and investor targeted marketing solutions. Sequire provides users with various features, which allows issuers to track their shareholders’ behaviors and trends, then use data-driven insights to engage with shareholders across marketing channels. LD Micro business unit is engaged in the business of hosting events and conferences for microcap public companies. LD Micro organizes and hosts investor conferences within the micro and small-cap markets, and plans to create several more niche events for the investor community.