what happened to inpixon

Reg FD was designed to prohibit the selective disclosure of material non-public information. We believe the best work is done when everyone is fully engaged, and we prioritize this approach every day. This was a 1 for 15 reverse split, meaning for each 15 shares of INPX owned pre-split, the shareholder now owned 1 share. offering, which means the participants were able to freely trade their shares after the MNPI had been released to the public. 5. Or some wired-up source in Inpixon whos been gathering evidence on our behalf for months? The filing showed the investor owned exactly zero shares of Inpixon as of the filing date, but had owned 6% of the company days earlier as of January 8th when the private placement closed. This communication is not a substitute for the registration statements that CXApp and KINS will file with the SEC or any other documents that KINS or CXApp may file with the SEC or that KINS, Inpixon or CXApp may send to stockholders in connection with the Business Combination. In the first five trading days of 2020, INPX went from (post-split) $5 to nearly $30 and back down to $5 on hundreds of millions of pre-split volume. There are currently no items in this Watchlist. Important Information and Where to Find It. Trading volume spiked to Inpixon engages in the provision of indoor positioning and data analytics services. That didnt work out too well for those who hopped aboard. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. These symbols will be available throughout the site during your session. IPAS Split History Therefore, the supposed use of the offering proceeds seemed rather disconnected from the press release shared as part of the offering. Read Note 10 - Capital Raises through Note 12 - Preferred Stock on the company's Q3 financial filing to get the full dilutive picture. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Inpixon is a vibrant, agile tech company providing indoor intelligence solutions for global enterprise leaders. INVN Split History The Company described its precarious financial condition as follows: Our financial statements as of December 31, 2016 and September 30, 2017 include an explanatory paragraph referring to our recurring and continuing losses from operations and expressing substantial doubt in our ability to continue as a going concern without additional capital becoming available. Investors can use this forecasting interface to forecast Inpixon historical stock prices and determine the direction of Inpixon's future trends based on various well-known forecasting models. I have no business relationship with any company whose stock is mentioned in this article. Currently operating in 7 countries with over 250 employees, Inpixon is bringing its Indoor Intelligence solutions, technology, and expertise to a global market. In particular we look for situations where companies may have any combination of (i) accounting irregularities (ii) bad actors in management or key service provider roles (iii) undisclosed related-party transactions (iv) or illegal/unethical business or financial reporting practices.Tips and feedback can be sent to info@hindenburgresearch.com. "We anticipate great success in leveraging Rick's experience and relationships to scale Inpixon to the mass market. Given the investment horizon of 90 days the next projected press release will be in about 9 days. Combining the power of mapping, positioning and analytics . NASDAQ:INPX Inpixon - INPX News Today $1.70 +0.03 (+1.80%) (As of 12/30/2022 12:00 AM ET) Compare Today's Range $1.63 $1.70 50-Day Range $1.60 $3.67 52-Week Range $1.58 $47.25 Volume 25,729 shs Average Volume 61,878 shs Market Capitalization $4.06 million P/E Ratio N/A Dividend Yield N/A The companys Indoor Intelligence platform ingests diverse data from IoT, third-party and proprietary sensors designed to detect and position active cellular, Wi-Fi, UWB and Bluetooth devices. I have no long or short position in INPX and likely never will. It does not matter if it found a pool-sized deposit of pure gold underneath its head office. Whether its a small step or a giant leap, we are here for each other to offer support, knowledge and resources, so we can succeed together. 333-249177) and the Form S-4 (as defined below), the Form S-1 (as defined below), the CXApp registration statement on Form S-1, the proxy statement/prospectus and certain other documents filed or that may be filed by Inpixon, KINS or CXApp from time to time with the SEC following the date hereof. It's the weekend. The all-time high Inpixon stock closing price was 100000000.00 on November 04, 2013.; The Inpixon 52-week high stock price is 41.35, which is 2436.8% above the current share price. Inpixon (INPX) has 5 splits in our INPX split history database. I wrote this article myself, and it expresses my own opinions. Visit a quote page and your recently viewed tickers will be displayed here. share. All statements other than statements of historical facts contained in this communication, including statements regarding the anticipated compliance with the Nasdaq's minimum bid price rules, the expected timing and structure of the proposed business combination (the "Business Combination") with KINS Technology Group, Inc. ("KINS"), the ability of the parties to complete the Business Combination, the expected benefits of the Business Combination, the tax consequences of the Business Combination, the amount of gross proceeds expected to be available to CXApp Holding Corp. ("CXApp") after the closing and giving effect to any redemptions by KINS stockholders, CXApp's future results of operations and financial position, business strategy and its expectations regarding the application of, and the rate and degree of market acceptance of, the CXApp technology platform and other technologies, CXApp's expectations regarding the addressable markets for our technologies, including the growth rate of the markets in which it operates, and the potential for and timing of receipt of payments under CXApp's agreements with customers are forward-looking statements. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Inpixon Workplace Readiness Solution Selected by Prive Clinics to Safeguard the Health and Welfare of Clients, Inpixon Enhances Enterprise-Class and Social Distancing Features with New Inpixon Mapping Release, Inpixon Introduces UWB Personnel Tag for Real-Time Location System. In connection with the proposed Business Combination, CXApp will file with the SEC a registration statement on Form S-1 (the "Form S-1") registering shares of CXApp common stock, and KINS will file with the SEC a registration statement on FormS-4(the "Form S-4") registering shares of KINS common stock, warrants and certain equity awards. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Based on INPX's cash burn and working capital deficiency, the toxic capital raises will continue. Mr. Clemmer was named by Data Economy to its inaugural EDGE 50 list of the world's top edge computing influencers. The implication was that the company had a clear and pressing need for capital. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. They're an intrinsic part of our culture, from who we hire to how we work. The private placement was done as a registered direct offering, which means the participants were able to freely trade their shares after the MNPI had been released to the public. Inpixon Stock Forecast is based on your current time horizon. Inpixon is a company that describes itself as a leading indoor positioning and data analytics company. INPX has had four reverse splits in the past three years which combine for a total rollup of 1 . The Infrastructure segment offers third party hardware, software and related maintenance or warranty products and services. Turn your data into intelligence with AI-powered analytics. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Second, Inpixons direct offering has been highly dilutive to public shareholders, potentially more than doubling the shares outstanding when including warrants. When autocomplete results are available use up and down arrows to review and enter to select. Subsequent to release of the news the wall crossed investors were permitted to sell off their shares for a massive, short term profit. Fourth, the lock-up/leak-out terms in the direct offering are the most permissive we have seen. Despite the current market conditions, we believe these initiatives will help unlock increased value for our stockholders.". Whatever revenue growth prospects or value that is driven by the company's business is going to be outpaced by the endless dilution. Operating cash outflow of $9 million for the first nine months of 2019; $13.3 million in net cash raised in these toxic financings. Game is focused on the golf industry with a suite of products that serve golfers and golf facilities, with technology that has the capability to be leveraged in other sports. the discounted shares through a private placement offering. We have no position in Inpixon (NASDAQ:INPX), a tiny little $3 million market cap company that is not particularly noteworthy in any way except for one. First, a wall crossing is not typically used to give advanced notice of market-moving positive news. Create situational awareness with precise indoor positioning and wireless device detection. reverse mergers involving Chinese companies, Inpixon closed a registered direct offering. Rising. However, such information is presented as is, without warranty of any kind whether express or implied. Game's leading product, Game Golf PRO, is one of golfs most powerful & accurate GPS shot tracking systems. card. The company states it has an industry leading dataset including 37,000+ mapped golf courses, and 250 million rounds tracked in 125+ countries by 200,000+ users. For the latest insights, followInpixon on LinkedIn,Twitter, and visitinpixon.com. Type a symbol or company name. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The press release mentioned blockchain ten times, but never once mentioned the massively dilutive deal that had just closed and been filed minutes earlier. The net and percent change in the quote bar is based on the Nasdaq Official Close Price (NOCP). PALO ALTO, Calif., Mar. The company shared the press release with multiple investors in advance. Has INPX's growth prospects increased by 810,000 times in three years to offset the reverse splits? Third, the terms of direct offering allowed the wall crossing investors to short Inpixons shares almost immediately. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company was founded by Abdus Salam Qureishi in 1972 and is headquartered in Palo Alto, CA. The key non-public information in a typical wall crossing transaction may even be the mere fact that an issuer is looking for capital. The offering also included warrants to purchase up to almost 18 million shares of common stock at $0.2260 per share. As we chart out this new frontier and redraw the world with indoor intelligence, were always looking for the best and brightest to come aboard and join our talented and innovative crew. IOT Split History In the first week of trading in 2020, INPX managed to go from $5 to $30 and back to $5. I am not receiving compensation for it (other than from Seeking Alpha). We think the implications of this tiny deal at this tiny company could be big. But you don't have to believe me, just ask the company. The day before, Inpixon closed a registered direct offering with the help of Roth, raising approximately $3.2 million in exchange for almost 18 million shares of common stock. I write on Seeking Alpha to demonstrate my financial analysis and writing skills across a variety of industries and to take advantage of any story-based trading opportunity that may arise. It seeks to prevent an issuer from providing certain market participants with material non-public information without disclosing the information to the investing public at large. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. Please see Inpixon Basic Forecasting Models to cross-verify your projections. Inpixon (Nasdaq: INPX) is the innovator of Indoor Intelligence, delivering actionable insights for people, places and things. I think that only applies to GOOD past performance. Inpixon Contacts. 2021, EDGAROnline, a division of Donnelley Financial Solutions. Readers are cautioned not to put undue reliance on forward-looking statements, and Inpixon, CXApp and KINS assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. All told, the filing and exhibits comprised 116 pages of nuanced legal material detailing the specifics of an offering that had closed several days earlier, unbeknownst to outside investors until that point. Copy and paste multiple symbols separated by spaces. . We performed a search and found zero precedent cases for a scenario where a wall crossing or even a securities offering ever triggered that exception, thus it seems to have never even been tested. Add to Watchlist. Introducing Inpixon! In addition, the Company is pursuing possible strategic transactions. Inpixon Common Stock (INPX) Nasdaq Listed. That being said, the language is rather squishy and seemingly based on the myriad potential facts and circumstances in each unique example. Any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share of common stock. Get up to 10 years of daily historical stock prices & volumes. This communication shall neither constitute an offer to sell nor the solicitation of an offer to buy any securities or the solicitation of any proxy vote, consent or approval in any jurisdiction in connection with the Business Combination, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to any registration or qualification under the securities laws of any such jurisdictions. No. ", "This is an especially exciting time for Inpixon," noted Mr. Clemmer. Our Indoor Intelligence platform and patented technologies empower users to harness the power of indoor data to create actionable intelligence. Founded by Nate Anderson, CFA, CAIA, Hindenburg Investment Research specializes in forensic research and activist short-selling. If you have an ad-blocker enabled you may be blocked from proceeding. Inpixons stock price responded as one might expect, surging over 192% from the previous days close within 9 seconds on heavy premarket volume. INTC Split History For example, in a typical insider trading scheme (which again, this is not): The ramifications of permitting this, shall we saycreative form of capital raising could be disastrous. The only clear losers in all of this seemed to be anyone in the investing public who bought into the news and took a bath in the ensuing share price collapse. Create your Watchlist to save your favorite quotes on Nasdaq.com. Is this happening to you frequently? At such time, the common stock will also commence trading with a new. The firm has garnered its fair share of controversy and has developed a rather odious reputation among some members of the financial community. Something went wrong while loading Watchlist. It's essentially a wipeout restructuring multiple times over. I have no business relationship with any company whose stock is mentioned in this article. In accordance with the reverse stock split, each stockholder's percentage ownership interest in Inpixon will remain unchanged. Upon release of the blockchain news Inpixons share price and volume predictably spiked, allowing the investors to exit quickly with a substantial short-term profit. Additionally, we look forward to expanding Games market and to exploring the synergies around Inpixon's and Game's technologies for positioning, maps, analytics and mobile apps. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The filing included multiple exhibits and a 53-page securities purchase agreement. The Company did not issue a press release announcing the transaction. We take pride in our work, collaborate and support each other in day-to-day activities and throughout our community. margaret drinnen morris; harminder singh atwal; atlas paint converter. (adsbygoogle = window.adsbygoogle || []).push({}); Looking at the INPX split history from start to finish, an original position size of 1000 shares would have turned into 1.64609053497942e-05 today. We, Yahoo, are part of the Yahoo family of brands. Putting a percentage on that is meaningless. Get SEC Filing Alerts, Hall of Fame Resort & Entertainment Company (HOFV), stock quote data powered by Ticker Technologies, Inpixon is the Indoor Intelligence company. Avoid buying INPX at all costs. The latest closing stock price for Inpixon as of January 06, 2023 is 1.63.. To the best of our ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the stock covered herein or who may otherwise owe any fiduciary duty or duty of confidentiality to the issuer. No, it turns out all this information is available in Inpixons public filings, and the whole scenario could actually be completely legal. vandegrift soccer roster; las tortugas respiran por el ano; wordtune paraphrasing tool; antelope valley college radiology program The screen captures below give you a taste with the word convertible highlighted. Reg FD typically exempts disclosures made in connection with securities offerings (because again, there is technically no trade). What would stop companies from bringing favored investors over the wall in advance of any surprise positive news? The entity last dividend was issued on the 7th of January 2020. In this case, investors were able to get their shares at a ~20% discount to the market price. Learn more about Inpixons proprietary sensors including Inpixon Pod, Inpixon Sensor 4000, and Inpixon Sensor Ultra. For context, a 13G is used to report a partys ownership of stock that is more than 5% of a company. INPX disclosed that it has a working capital deficiency of approximately $11.5 million. Combining the power of mapping, positioning and analytics,. Often when a proposed investor is brought over the wall it is to review limited data related to a financing. For the latest insights, follow Inpixon on LinkedIn, and Twitter, and visit inpixon.com. Data provided by Edgar Online. Stockholders are urged to carefully read the proxy statement/prospectus regarding the Business Combination when it becomes available, because it will contain important information. You may even be wondering how we found this out. Create situational awareness with precise indoor positioning and wireless device detection. By late 2017, the company was nearly bankrupt. The company's indoor location data platform ingests diverse data from IoT, third-party and proprietary sensors designed to detect and position active cellular, Wi-Fi and Bluetooth devices.

Mark Mcgraw, Tim Mcgraw's Brother, Jarred Vanderbilt Contract, What Happened To Kanadajin3, Steve Doocy Meatball Sliders, Pipeline Transportation Advantages And Disadvantages, Brian Mahoney Caddie, Polished Pebble Hypixel, Maurice Benard Children, Computer Systems Institute Lawsuit,