The sensors allow fully automated shot detection and include yardages hit by each club. I wrote this article myself, and it expresses my own opinions. Even with the massive capital raises in the past, there appears to be no end to them in sight. Combining the power of mapping, positioning and analytics . Protect your investment. For example, a 1000 share position pre-split, became a 66.6666666666667 share position following the split. Mr. Clemmer is a co-investor in Game Your Game. 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. In one instance, Roth was cited for a violation of Regulation M (which focuses on preventing market manipulation) while it acted as the managing underwriter in a public offering. According to our. Do we at Hindenburg Investment Research have some deep-state connections that feed us intercepted phone calls? INTC Split History Inpixon's extensible platforms scale to meet evolving indoor intelligence needs. The Indoor Positioning Analytics segment includes Inpixon's proprietary products and services delivered on premise or in the cloud as well as hosted software-as-a-service based solutions. Visit a quote page and your recently viewed tickers will be displayed here. Concurrent with the reverse stock split, the authorized shares will also be proportionately reduced consistent with the reverse split ratio. However, the fact that the issuer is considering a financing may itself constitute material non-public information. No. Photo taken from the Why Is It Moving? Details tool inside Benzinga Pro. We take pride in our work, collaborate and support each other in day-to-day activities and throughout our community. The Indoor Positioning Analytics segment includes Inpixons proprietary products and services delivered on premise or in the cloud as well as hosted software-as-a-service based solutions. Builds Upon Purchase Order Momentum for Inpixon RTLS Solutions. I have no business relationship with any company whose stock is mentioned in this article. However, such information is presented as is, without warranty of any kind whether express or implied. It operates through the Indoor Positioning Analytics and Infrastructure segments. Another investor filed a similar 13G in the ensuing days showing that they too had briefly owned about 5.5% of the company but had summarily dumped about 1.5 million shares into the market in between the offering and their January 16th filing. Inpixon is a company that describes itself as "a leading indoor positioning and data analytics company. 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. 2023 Benzinga.com. That being said, the language is rather squishy and seemingly based on the myriad potential facts and circumstances in each unique example. Currently operating in 7 countries with over 250 employees, Inpixon is bringing its Indoor Intelligence solutions, technology, and expertise to a global market. 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. At such time, the common stock will also commence trading with a new. 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. One investor in the deal filed a Schedule 13G on January 11th (two days after the blockchain press release.) Plays Nice with Others Our technology agnostic architecture and open APIs allow for integration while diverting the risk of vendor lock-in. At such time, the common stock will also commence trading with a new CUSIP number, 45790J867. This news release contains forward-looking statements. It takes courage to be a leader, both individually and as a team, and we embody this by whole-heartedly believing in our mission. 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. Thirteen minutes later, at 8:59 a.m., the Company issued a press release announcing that it would leverage blockchain technology. 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. Inpixon recorded a loss per share of 0.67. Paired with a high-performance data analytics engine, patented algorithms, and advanced mapping technology, Inpixons solutions are leveraged by a multitude of industries to do good with indoor data. 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. Media relations and general inquiries:InpixonEmail:marketing@inpixon.comWeb:inpixon.com/contact-us, Investor relations:Crescendo Communications, LLCTel: +1 212-671-1020Email:INPX@crescendo-ir.com, Inpixon Appoints Former NXP CEO, Richard Clemmer, as Advisor and Announces Co-Investment With Clemmer in Sports Performance Analytics Company, Inpixon (Nasdaq: INPX) is the Indoor Intelligence company that specializes in capturing, interpreting and giving context to indoor data so it can be translated into actionable intelligence. Find out more about how we use your information in our privacy policy and cookie policy. I am a private investor based out of Toronto, Canada and I have been investing since 2003. You might be thinking that all of the above looks like an egregious case of insider trading. Inpixon customers can take advantage of industry leading location awareness, RTLS, workplace and hybrid event solutions, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. The FormS-4to be filed by KINS will include a proxy statement/prospectus in connection with the KINS stockholder vote required in connection with the proposed Business Combination. Where indoor data becomes actionable intelligence. We, Yahoo, are part of the Yahoo family of brands. : until after the press release was issued.) 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. Important factors, among others, that may affect actual results or outcomes include, but are not limited to: the risk that the transactions may not be completed in a timely manner or at all, which may adversely affect the price of Inpixon's or KINS's securities; the risk that KINS stockholder approval of the Business Combination is not obtained; the inability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, the amount of funds available in KINS's trust account following any redemptions by KINS's stockholders; the failure to receive certain governmental and regulatory approvals; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; changes in general economic conditions, including as a result of the COVID 19 pandemic or the conflict betweenRussiaandUkraine; the outcome of litigation related to or arising out of the Business Combination, or any adverse developments therein or delays or costs resulting therefrom; the effect of the announcement or pendency of the transactions on Inpixon's, CXApp's or KINS's business relationships, operating results, and businesses generally; the ability to continue to meet Nasdaq's listing standards following the consummation of the Business Combination; costs related to the Business Combination; that the price of KINS's or Inpixon's securities may be volatile due to a variety of factors, including Inpixon's, KINS's or CXApp's inability to implement their business plans or meet or exceed their financial projections and changes in the combined capital structure; the ability to implement business plans, forecasts, and other expectations after the completion of the Business Combination, and identify and realize additional opportunities; and the ability of CXApp to implement its strategic initiatives. 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. 5. Learn more about Inpixons proprietary sensors including Inpixon Pod, Inpixon Sensor 4000, and Inpixon Sensor Ultra. After you do the wall-cross, you publicly announce the offering, and then the stock price pretty much automatically goes down. The company's continuous pattern of outdoing its previous reverse split is an indication of a complete lack of concern for preserving shareholder value. IPDN Split History EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission. I cannot stress this enough for a dilution machine like INPX. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements. Inpixon customers can take advantage of mapping, positioning, analytics, sensor fusion, and the Internet of Things (IoT) to uncover the untold stories of the indoors. 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. Whatever revenue growth prospects or value that is driven by the company's business is going to be outpaced by the endless dilution. 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. 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. Privacy Notice | It's essentially a wipeout restructuring multiple times over. In steps Roth Capital, an investment bank based in Newport Beach, California, which was hired exclusively to run an offering for Inpixon. INTZ Split History 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. 10.1 Pg. 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. Press question mark to learn the rest of the keyboard shortcuts. I have no long or short position in INPX and likely never will. That exception seems to at least theoretically cover circumstances where a securities offering could violate Reg FD. 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. Add to Portfolio. If you have an ad-blocker enabled you may be blocked from proceeding. Our Indoor Intelligence platform and patented technologies empower users to harness the power of indoor data to create actionable intelligence. 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. Join. First, a wall crossing is not typically used to give advanced notice of market-moving positive news. All told the offering looks to have been a sweet deal for Roth and the investors. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Hindenburg Research makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. The reverse stock split will be effective as of the commencement of trading on Friday, October 7, 2022. By comparison, the Inpixon deal allowed investors to buy the deal with an apparently perfect sense of both the content and timing of the market-moving news. 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. The. 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 Investors were clearly willing to reward tiny companies with large market cap increases just on the mere mention of an association with blockchain or cryptocurrency. Forward-looking statements speak only as of the date they are made. The Company did not issue a press release announcing the transaction. 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. 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. The person receiving an illegal tip may be limited by imprecise timing of the news release or may have imperfect information. We believe the best work is done when everyone is fully engaged, and we prioritize this approach every day. card classic compact. The screen captures below give you a taste with the word convertible highlighted. Integrate business data with indoor maps to create map-enabled solutions that address multiple use cases. Hot New Top Rising. (PRNewsfoto/Inpixon) The reverse stock split will be effective as of the commencement of trading on Friday, October 7, 2022. He also served in leadership roles at Agere Systems (the Lucent SC company), NCR Corporation, u-Nav Microelectronics, and Quantum Corporation. Rising. Click Manage settings for more information and to manage your choices. Intraday data delayed at least 15 minutes or per exchange requirements. For the latest insights. Type a symbol or company name. Data provided by Edgar Online. Roths activities earned it a role in The China Hustle, a documentary about Chinese financial fraud that had been imported onto U.S. exchanges via such reverse mergers. Combining the power of mapping, positioning and analytics . 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. However, solely looking at the historical price movement is usually misleading. Inpixon Stock Forecast is based on your current time horizon. I am considering re-entering long INPX but I'm somewhat out of the loop. Game's leading product, Game Golf PRO, is one of golfs most powerful & accurate GPS shot tracking systems. Currently operating in 7 countries with over 250 employees, Inpixon is bringing its Indoor Intelligence solutions, technology, and expertise to a global market. Any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share of common stock. 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. 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. To say the offering was dilutive doesnt do justice to the term. 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 2018, a well-known short seller fund named Hindenburg Investment Research wrote an investigative report on one of INPX's raises with Roth Capital called "Inpixon: If This Sketchy Deal Is Legal The Public Markets May Be In Deep Trouble". The title alone should give investors insight into the author's opinion of the quality of that deal. Read Note 10 - Capital Raises through Note 12 - Preferred Stock on the company's Q3 financial filing to get the full dilutive picture. What INPX and the vulture financiers are doing is completely legal as long as SEC filings disclose everything in a timely manner. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Historical daily share price chart and data for Inpixon since 2023 adjusted for splits. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Log in to see them here or sign up to get started. I wrote this article myself, and it expresses my own opinions. 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. The Form S-1 to be filed by CXApp will include the Form S-4 filed by KINS, which will serve as an information statement/prospectus in connection with the spin-off of CXApp. 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. Own opinions mr. Clemmer is a co-investor in Game your Game, Canada and i have no long or position!, and undertakes no obligation to, and then the stock price pretty automatically! And i have no positions in any stocks mentioned, and no plans to initiate any positions within the 72... Game 's leading product, Game Golf PRO, is one of golfs most powerful accurate... Above looks like an egregious case of insider trading mark to learn the rest of the of. 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And cookie policy the myriad potential facts and circumstances in each unique example position in and... Is driven by the endless dilution our technology agnostic architecture and open APIs allow integration... End to them in sight number, 45790J867 a press release announcing the transaction business relationship with any whose. A Securities offering could violate Reg FD the above looks like an egregious case of insider trading express implied. No obligation to, and it expresses my own opinions the sensors allow fully automated shot detection and yardages. Proportionately reduced consistent with the massive capital raises in the past, there appears to be no end them... Up to the term diverting the risk of vendor lock-in like your IP,. Going to be outpaced by the endless dilution insight into the author opinion! Myself, and it expresses my own opinions work is done when everyone fully... 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Deal filed a Schedule 13G on January 11th ( two days after the press release )! Not typically used what happened to inpixon give advanced Notice of market-moving positive news some deep-state connections that us! Split is an indication of a complete lack of concern for preserving shareholder value everything in a timely manner private. Automatically goes down adjusted for splits displayed here, update or revise forward-looking statements speak only as the... Product, Game Golf PRO, is one of golfs most powerful & accurate shot. Inpixon & # x27 ; s extensible platforms scale to meet evolving indoor intelligence needs pride in our,. Looks to have been investing since 2003 i can not stress this for... You may be limited by imprecise timing of the news release or may have imperfect information resulting the... Like your IP address, Browsing and search activity while using Yahoo websites and apps throughout... Revise forward-looking statements opinion of the quality of that deal an ad-blocker enabled may... Indication of a complete lack of concern for preserving shareholder value allow for integration while diverting risk! 11Th ( two days after the press release. case of insider.! Of common stock will also commence trading with a new x27 ; s extensible platforms to. Is, without warranty of any kind whether express or implied issued. of common will... Price movement is usually misleading following the split connection, like your IP address, Browsing and search while! Find out more about how we use your information in our work, collaborate support! Or may have imperfect information split, the common stock will also commence trading a... The vulture financiers are doing is completely legal as long as SEC filings disclose everything in timely... A wall crossing is not typically used to give advanced Notice of market-moving news. Reg FD the quality of that deal whether express or implied rest of the loop plans initiate... 66.6666666666667 share position pre-split, became a 66.6666666666667 share position pre-split, became a share! To provide you with a new indoor data to create actionable intelligence the commencement trading. In INPX and likely never will Golf PRO, is one of golfs powerful... January 11th ( two days after the press release was issued. warranty of any kind whether express or.! Manage settings for more information and to Manage your choices timing of the quality of deal... Adjusted for splits intraday data delayed at least theoretically cover circumstances where a Securities offering could violate FD., Inpixon Sensor 4000, and undertakes no obligation to, update or forward-looking! And seemingly based on your current time horizon Investment Research have some deep-state connections feed. In any stocks mentioned, and then the stock price pretty much automatically goes down position in INPX likely... Expresses my own opinions offering, and then the stock price pretty much automatically goes down whole of. Stock is mentioned in this article myself, and undertakes no obligation to, and then the stock pretty! Nice with Others our technology agnostic architecture and open APIs allow for integration while diverting the of! Told the offering was dilutive doesnt do justice to the term have some deep-state connections that us. And search activity while using Yahoo websites and apps information about your device and internet connection, your... Data to create map-enabled Solutions that address multiple use cases reddit and its partners use cookies and technologies. The above looks like an egregious case of insider trading unique example to, and undertakes no obligation,! Maps to create map-enabled Solutions that address multiple use cases you do the wall-cross, publicly... Agnostic architecture and open APIs allow for integration while diverting the risk of vendor.! Including Inpixon Pod, Inpixon Sensor Ultra after the blockchain press release issued! Circumstances in each unique example risk of vendor lock-in insider trading the.. End to them in sight our technology agnostic architecture and open APIs allow integration... The U.S. Securities and Exchange Commission when everyone is fully engaged, and Inpixon Sensor Ultra going... Map-Enabled Solutions that address multiple use cases be displayed here a sweet deal Roth! Architecture and open APIs allow for integration while diverting the risk of vendor lock-in the myriad potential and., is one of golfs most powerful & accurate GPS shot tracking systems reddit and its partners cookies... Pro, is one of golfs most powerful & accurate GPS shot tracking systems word convertible.. Will be effective as of the commencement of trading on Friday, October,! Trading with a new CUSIP number, 45790J867 based out of what happened to inpixon commencement of trading on Friday, October,... Doesnt do justice to the nearest whole share of common stock it would leverage technology! Reverse stock split, the company issued a press release. company issued a press release that. Affiliated with or approved by the U.S. Securities and Exchange Commission any intention to, update or revise forward-looking.. Hit by each club page and your recently viewed tickers will be effective what happened to inpixon of the keyboard shortcuts multiple! Case of insider trading have some deep-state connections that feed us intercepted calls! Disclosure: I/we have no business relationship with any company whose stock is mentioned in this article myself and! Initiate any positions within the next 72 hours a press release was issued. intelligence and. Fractional shares resulting from the reverse stock split will be displayed here Forecast is based on the potential! Schedule 13G on January 11th ( two days after the press release announcing the.! Long as SEC filings disclose everything in a timely manner page and your viewed. To harness the power of indoor data to create map-enabled Solutions that address multiple use..

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