NORTH PALM BEACH, Fla., April 17, 2026 (GLOBE NEWSWIRE) -- SRx Health Solutions, Inc. (NYSE:SRXH) (the "Company") and EMJ Crypto Technologies ("EMJX"), a digital-asset treasury operating platform with which the Company has entered into a definitive merger agreement, today released a letter to shareholders providing an update on the proposed transaction from Eric. M. Jackson, the creator of the EMJX platform. Mr. Jackson will be appointed as an officer of the Company's EMJC subsidiary following the merger.

Dear Shareholders,

I wanted to take this opportunity to provide an update on our latest progress and the merger agreement between the Company and EMJX. As most of you are aware, the Company entered into a definitive agreement to acquire EMJX, the next-generation ("Gen2") digital-asset treasury platform I founded.

I have spent over 20 years in public markets, most recently running EMJ Capital, with a PhD in Management from Columbia Business School. I can sincerely say I am excited about the opportunity we have with this transaction to drive value for shareholders.

Operational Progress in 2026

Since announcing this merger in December 2025, we've made substantial operational progress. First, we deployed $18 million into our second-generation digital asset treasury hedging strategy, delivering a 5.69% return in March 2026 compared to a 4.98% decline in the S&P 500 index amid ongoing global uncertainty. This amounts to a 10.67% outperformance over the S&P 500 during this period. Through mid-April, we achieved approximate gains of 3.5% and 8% in our hedging pool and long treasury investment holdings, respectively. Second, we've been engaging in business development and market education discussions across the U.S. investment community and businesses, showcasing the institutional capabilities of our platform.

These past few months have laid the groundwork for EMJX's future. We've proven out our operating system, which applies quantitative models, artificial intelligence, and systematic risk controls to multi-asset digital treasury management. We believe this Gen2 framework reflects the continued maturation of digital-asset treasuries toward more disciplined, institutional-grade capital management models.

What we have brought to market is structurally different to what we have typically seen in history: Gen1 treasury approaches that rely on price appreciation of a single asset and typically lack systematic risk management, exposing shareholders to significant drawdowns and dilution during adverse market conditions. In contrast, our ...