Presumably the other side of those trades included people who saw the exciting blockchain news and were hoping to take the stock for a ride. But you don't have to believe me, just ask the company. Inpixon customers can boldly take advantage of location awareness, analytics, sensor fusion and the Internet of Things (IoT) to uncover the untold stories of the indoors. Roth pocketed $334,800 for their role in the deal according to a form D filing. For context, a 13G is used to report a partys ownership of stock that is more than 5% of a company. 2021, EDGAROnline, a division of Donnelley Financial Solutions. They're an intrinsic part of our culture, from who we hire to how we work. Visit a quote page and your recently viewed tickers will be displayed here. All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. This communication does not contain all the information that should be considered concerning the Business Combination. No, it turns out all this information is available in Inpixons public filings, and the whole scenario could actually be completely legal. For real-time updates on INPX, beat the news and login or try Benzinga Pro. INTZ Split History This is not an offer to sell or a solicitation of an offer to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer would be unlawful under the securities laws of such jurisdiction. From the liquidity section of its Q3 filing: The Companys capital resources as of September 30, 2019, availability on the Payplant facility to finance purchase orders and invoices in an amount equal to 80% of the face value of purchase orders received and funds from its revenue will not be sufficient to fund planned operations during the next twelve months from the date the financial statements are issued based on current projections. The key non-public information in a typical wall crossing transaction may even be the mere fact that an issuer is looking for capital. 26, 2021 /PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence company, today announced it will acquire a controlling interest of the outstanding capital stock of Game Your Game Inc. (Game a.k.a., Game Golf) an app-based sports performance analytics firm using IoT sensors, maps and location technologies. Net loss of $17 million on $4.4 million in revenue for the first nine months of 2019. save. Here, the leak-out agreement provided that on the date of the blockchain press release the wall crossing investors could not make up more than 35% of the trading volume in the Companys common stock. ; The Inpixon 52-week low stock price is 1.58, which . 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. I have no business relationship with any company whose stock is mentioned in this article. Thanks to the multiple reverse splits and five years of constant tanking, the chart looks like a ski slope where the skier has been burning on asphalt for two years. Press question mark to learn the rest of the keyboard shortcuts. This is especially true for small companies, and is just a matter of supply and demand: The company is diluting its current shareholders and is raising money from new investors who will demand a discount to the previous market price to commit more money to the company. You should carefully consider the foregoing factors and the other risks and uncertainties described in the "Risk Factors" section of Inpixon's most recent annual report on Form10-K,KINS's registration statement on FormS-1 (File No. Do Not Sell My Personal Data/Privacy Policy. While the above may strike some as a nuanced legal loophole, what that nuance means is that technically no trades took place until the MNPI had been released and became public (i.e. Reg FD typically exempts disclosures made in connection with securities offerings (because again, there is technically no trade). What INPX and the vulture financiers are doing is completely legal as long as SEC filings disclose everything in a timely manner. Until it stops with the dilutive capital raises with vulture financiers and reverse splits, the stock is going to be perpetually headed to zero. Co. has three segments: Indoor Intelligence, which provides apps and services, including smart office app that seeks to improve the employee experience by providing organizations with a location aware customer branded employee app for a connected workplace; Shoom, which provides digital solutions or cloud-based applications and analytics for the media and publishing industry, including eTearsheets and eInvoice; and SAVES, which provides a set of data analytics and statistical visualization software solutions for engineers and scientists, including SigmaPlot, SigmaStat, SYSTAT, PeakFit, TableCurve 2D, TableCurve 3D, SigmaScan and MYSTAT. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of KINS's stockholders in connection with the Business Combination will be set forth in the registration statement when it is filed with the SEC. On the heels of yet another reverse split - this time 1-for-45 - Inpixon (NASDAQ:INPX) managed to empty out the wallets of traders who held the hot potato for an instant too long this past week. The shares were purchased at a roughly 20% discount to Inpixons market price at the time. These dilutive capital raises resulted in the shares outstanding climbing from (pre-January 2020 split) 1,581,880 as of December 31, 2018 to 50,518,500 as of September 30, 2019. Get Reddit and go enjoy life. Builds Upon Purchase Order Momentum for Inpixon RTLS Solutions. Mr. Clemmer is a co-investor in Game Your Game. However, such information is presented as is, without warranty of any kind whether express or implied. 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. General inquiries:InpixonEmail: marketing@inpixon.comWeb: inpixon.com/contact-us, Investor relations:Crescendo Communications, LLCTel: +1 212-671-1020Email: INPX@crescendo-ir.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/inpixon-announces-share-consolidation-for-nasdaq-compliance-and-to-support-strategic-transactions-301642082.html, https://www.prnewswire.com/news-releases/inpixon-announces-share-consolidation-for-nasdaq-compliance-and-to-support-strategic-transactions-301642082.html, 12-year-old catches great white shark while fishing in Florida, Biden calls in Ghostburger order, leaves employee speechless, Brian Walshe pleads not guilty to murder: Everything we know about the case, Anger grows in Virginia city where first-grader shot teacher, Poll: Two-thirds of Americans including most Dems favor investigation into Biden docs. The investors bought substantial stakes and then exited their positions into the spike that followed the news release. It's essentially a wipeout restructuring multiple times over. Learn more about Inpixons proprietary sensors including Inpixon Pod, Inpixon Sensor 4000, and Inpixon Sensor Ultra. Add to Watchlist. News. Those investors were given full knowledge of the timing and content of the blockchain press release and then, if that werent sweet enough, were able to purchase shares at a significant discount to Inpixons market price at the time. I am delighted to have the opportunity to work with Nadir, the Board, and the executive team to help support Inpixon's continued market leadership. For additional details, please reference the Companys current report on Form 8-K to be filed with the U.S. Securities and Exchange Commission. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. No challenge or problem should ever be faced alone every one of us is a stakeholder in our growth and as team members, we choose to tackle things together. Integrate business data with indoor maps to create map-enabled solutions that address multiple use cases. Information about KINS's executive officers and directors and CXApp's management and directors also will be set forth in the registration statement relating to the Business Combination when it becomes available. to get the full dilutive picture. The sensors allow fully automated shot detection and include yardages hit by each club. The screen captures below give you a taste with the word convertible highlighted. If this kind of deal is permitted, Roth may have succeeded at pioneering a legal form of capital raising that is more egregious than any illegal insider trading scheme we could ever conceive of. We work hard to make people feel good about the work they do. Get Dividend Alerts 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. Roths BrokerCheck report shows 26 total disclosure events, comprised of 14 regulatory events and 12 arbitrations. Details of this astronomically dilutive share sale were first revealed to investors at 8:46:09 a.m. on January 9, 2018 when the company filed its form 8-K with the SEC. We specialize in capturing, interpreting, and visualizing indoor data to make indoor spaces smarter, safer, and more secure.A multitude of industries and disciplines leverage our solutions to do good with indoor data. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Founded by Nate Anderson, CFA, CAIA, Hindenburg Investment Research specializes in forensic research and activist short-selling. Avoid buying INPX at all costs. In accordance with the reverse stock split, each stockholder's percentage ownership interest in Inpixon will remain unchanged. Currently operating in 7 countries with over 250 employees, Inpixon is bringing its Indoor Intelligence solutions, technology, and expertise to a global market. PALO ALTO, Calif., Oct. 6, 2022 /PRNewswire/ -- Inpixon (Nasdaq: INPX) ("Inpixon" or the "Company"), the Indoor Intelligence company, today announced that the Company's Board of Directors has approved a consolidation of the Company's common stock whereby every seventy-five (75) shares of its outstanding common stock will automatically be combined into one (1) share of common stock. Long Island Iced Teas shares jumped more than 500% after, A medical devices company, changed its name from Bioptix Inc. to Riot Blockchain (. 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