Our experience in the investment management industry spans over a decade, with a historical focus on buy side equity, credit, and derivatives analysis.While we use fundamental analysis to aid our investment decision-making, we believe the best edge can be had by uncovering hard-to-find information from atypical sources. News. Hot. PALO ALTO, Calif., Dec. 20, 2022 /PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence company, today announced that it has received an order for its real-time location system (RTLS) products from a global provider of transportation and industrial products and services. All told the offering looks to have been a sweet deal for Roth and the investors. 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. 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. There are currently no items in this Watchlist. Please disable your ad-blocker and refresh. Visit our investor relations portal to be in-the-know on the latest information about our company. The first split for INPX took place on March 01, 2017. 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. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Inpixons stock price responded as one might expect, surging over 192% from the previous days close within 9 seconds on heavy premarket volume. Please. Mr. Clemmer served as CEO and executive director of NXP Semiconductors from 2009 until May 2020 and continues to serve as a strategic advisor to NXP. I am not receiving compensation for it (other than from Seeking Alpha). It takes courage to be a leader, both individually and as a team, and we embody this by whole-heartedly believing in our mission. The only way we are going to clean up the market of these bad actors and vulture financiers is if volume and interest in these stocks, even just from day traders, is completely eradicated. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. Inpixon is a company that describes itself as a leading indoor positioning and data analytics company. Combining the power of mapping, positioning and analytics,. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. Best-in-Class Leverage a proven best-in-class solution that is robust, versatile and secure. Get Dividend Alerts Second, Inpixons direct offering has been highly dilutive to public shareholders, potentially more than doubling the shares outstanding when including warrants. Reg FD typically exempts disclosures made in connection with securities offerings (because again, there is technically no trade). Where indoor data becomes actionable intelligence. IPAS Split History For real-time updates on INPX, beat the news and login or try Benzinga Pro. 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. card. In addition, the Company is pursuing possible strategic transactions. Rising. Roth was also well-known for its role in facilitating several suspect reverse mergers involving Chinese companies, raising approximately $3.1 billion for China-based clients from 2003 to 2012. Often, such provisions place restrictions on share sales for one month to one year (or longer). I am a private investor based out of Toronto, Canada and I have been investing since 2003. Inpixon INPX today had a large opening gap of -63.50%. Our Indoor Intelligence platform and patented technologies empower users to harness the power of indoor data to create actionable intelligence. 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. Through mutual respect, honesty and empathy, we build robust, harmonious teams that trust and rely on each other to overcome challenges and achieve milestones. When autocomplete results are available use up and down arrows to review and enter to select. Get up to 10 years of daily historical stock prices & volumes. what happened to mags in utopia falls. Add to Portfolio. Create situational awareness with precise indoor positioning and wireless device detection. Inpixon is a vibrant, agile tech company providing indoor intelligence solutions for global enterprise leaders. It's the weekend. 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. Net loss of $17 million on $4.4 million in revenue for the first nine months of 2019. (Note that these numbers are prior to a later 30/1 reverse split.) Game Your Game is a sports performance data analytics technology company predominantly focused on the golf industry, and its assets include multiple patents issued and pending. Do Not Sell My Personal Data/Privacy Policy. We work hard to make people feel good about the work they do. Following publication of any report or letter, we may transact in the securities covered herein, and we may be long, short, or neutral at any time hereafter regardless of our initial recommendation, conclusions, or opinions. Turn your data into intelligence with AI-powered analytics. Wall crossing offerings can serve a useful purpose in the market. However, the same section of Reg FD that exempts securities offerings also notes that an issuer cannot avoid the prohibition against selective disclosure by simply registering an offering in order to evade the requirements of Reg FD. Prior to NXP, he was a senior advisor of Kohlberg Kravis Roberts & Co., a private equity and global investment firm. If you have an ad-blocker enabled you may be blocked from proceeding. Inpixon Stock Forecast is based on your current time horizon. This communication is restricted by law; it is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation. INPX needs to be put into a situation where it either stands on its own two feet through positive cash flow from operations or raises capital with reputable non-vulture firms until a day that cash flow positive results are achieved. 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. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any investment decision with respect to transacting in any securities covered herein. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. 243.100 (b)(2)(iii).]. One investor in the deal filed a Schedule 13G on January 11th (two days after the blockchain press release.) The proxy statement/prospectus contained in KINS's registration statement will be mailed to KINS's stockholders as of a record date to be established for voting on the Business Combination. Important Information and Where to Find It. 4 comments. Inpixon (Nasdaq: INPX) is the innovator of Indoor Intelligence, delivering actionable insights for people, places and things. Roth largely operates in the murky world of small and microcap banking where it specializes in providing creative financing solutions. Is this happening to you frequently? Summary. Inpixon | Indoor Location Platform | $INPX, Press J to jump to the feed. We think the implications of this tiny deal at this tiny company could be big. By late 2017, the company was nearly bankrupt. Protect your investment. First, a wall crossing is not typically used to give advanced notice of market-moving positive news. We believe the best work is done when everyone is fully engaged, and we prioritize this approach every day. Inpixon's trailing 12-month revenue is $19.3 million with a -574.6% profit margin. The Company did not issue a press release announcing the transaction. 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. (PRNewsfoto/Inpixon) The reverse stock split will be effective as of the commencement of trading on Friday, October 7, 2022. We think the Inpixon deal is an absolutely bizarre case of a wall crossing offering that strikes us as spectacularly sketchy but potentially legal. Accurately pinpoint the location of people or assets inside a building. Game Golf was previously awarded Golf Digest's Editors Choice of Best Golf Analyzer. INPX has a history of multiple highly dilutive secondary financings with brokers that are known for toxic microcap deals. What INPX and the vulture financiers are doing is completely legal as long as SEC filings disclose everything in a timely manner. This multidisciplinary depiction of indoor data enables users to increase revenue, decrease costs, and enhance safety. 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. The transaction is subject to the terms and conditions of a Stock Purchase Agreement, including customary closing conditions. The screen captures below give you a taste with the word convertible highlighted. 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. 2023, Nasdaq, Inc. All Rights Reserved. Cookie Notice (). Something went wrong while loading Watchlist. 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. Inpixon, KINS and CXApp and each of their respective directors, executive officers and other members of their management and employees may be deemed to be participants in the solicitation of proxies from KINS's stockholders in connection with the Business Combination.