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. Posted by 8 months ago. Reddit and its partners use cookies and similar technologies to provide you with a better experience. . Our team is at the forefront of everything we do. Forward-looking statements speak only as of the date they are made. 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 I wrote this article myself, and it expresses my own opinions. Best-in-Class Leverage a proven best-in-class solution that is robust, versatile and secure. Or it needs to be delisted. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Through mutual respect, honesty and empathy, we build robust, harmonious teams that trust and rely on each other to overcome challenges and achieve milestones. Protect your investment. 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. What would stop companies from bringing favored investors over the wall in advance of any surprise positive news? 2023 Benzinga.com. So someone who held 810,000 shares in February 2017 now has a grand total of 1 share. Stockholders are urged to carefully read the proxy statement/prospectus regarding the Business Combination when it becomes available, because it will contain important information. Inpixon (Nasdaq: INPX) is the innovator of Indoor Intelligence, delivering actionable insights for people, places and things. Inpixon r/ INPX. 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. The shares were purchased at a roughly 20% discount to Inpixons market price at the time. 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. Inpixon INPX today had a large opening gap of -63.50%. Inpixon Stock Forecast is based on your current time horizon. 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. The company was founded by Abdus Salam Qureishi in 1972 and is headquartered in Palo Alto, CA. It takes courage to be a leader, both individually and as a team, and we embody this by whole-heartedly believing in our mission. Get up to 10 years of daily historical stock prices & volumes. The reverse stock split is being implemented for the purpose of complying with applicable Nasdaq Listing Rules, including the closing bid price requirement and such other minimum bid price rules to the extent they may be applicable, in connection with future strategic transactions. We work hard to make people feel good about the work they do. 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. They're an intrinsic part of our culture, from who we hire to how we work. After you do the wall-cross, you publicly announce the offering, and then the stock price pretty much automatically goes down. Join. Discuss. INVE Split History The title alone should give investors insight into the author's opinion of the quality of that deal. However, such information is presented as is, without warranty of any kind whether express or implied. Visit our investor relations portal to be in-the-know on the latest information about our company. Have Watchlists? 25 sec 4.4): The Company shall, by 9:00 a.m. (New York City time) on January 9, 2018, (a) file a Current Report on Form 8-K disclosing the material terms of the transactions contemplated hereby, including the Transaction Documents as exhibits thereto, with the Commission (the Form 8-K) and (b) issue the press release of the Company that was previously disclosed to the Purchasers (the Press Release). However, the fact that the issuer is considering a financing may itself constitute material non-public information. The person receiving an illegal tip may be limited by imprecise timing of the news release or may have imperfect information. Working hard is key but so is taking care of yourself and your community. It's essentially a wipeout restructuring multiple times over. I think that only applies to GOOD past performance. 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. 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. Explore all Inpixon supported hardware including tags, anchors, sensors and more. Add to Watchlist. When autocomplete results are available use up and down arrows to review and enter to select. It does not matter what this company does. I have no business relationship with any company whose stock is mentioned in this article. The Inpixon Values We Live By Our values are wired into our DNA as a company. 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. Type a symbol or company name. the discounted shares through a private placement offering. The investors bought substantial stakes and then exited their positions into the spike that followed the news release. During the last trading day the stock fluctuated 16.77% from a day low at $1.61 to a day high of $1.88. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Given the investment horizon of 90 days the next projected press release will be in about 9 days. That is a 32-fold increase in the number of common shares in nine months. 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. 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. The reverse stock split will be effective as of the commencement of trading on Friday, October 7, 2022. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Despite the current market conditions, we believe these initiatives will help unlock increased value for our stockholders.". Contrary to the typical wall crossing deal, the terms of the Inpixon deal strike us as highly irregular for a variety of reasons. Posted by 6 months ago. 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. INPX has had four reverse splits in the past three years which combine for a total rollup of 1 share for 810,000. I have no business relationship with any company whose stock is mentioned in this article. [See: 17 C.F.R. Combining the power of mapping, positioning and analytics . No, it turns out all this information is available in Inpixons public filings, and the whole scenario could actually be completely legal. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. I consider this article to be a public service announcement which hopefully (usually new) retail traders will read before being sucked into the liquid and volatile day trading fun this stock provides every so often before giving a kick to the gut of its newly sucked in shareholders. Operating cash outflow of $9 million for the first nine months of 2019; $13.3 million in net cash raised in these toxic financings. 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. These symbols will be available throughout the site during your session. 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. Here Are 36 Stocks Moving In Tuesday's Mid-Day Session. The first split for INPX took place on March 01, 2017. 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. This communication does not contain all the information that should be considered concerning the Business Combination. Buried within an exhibit to the Form 8-K filed minutes before the blockchain announcement, Inpixon disclosed that it had shared a press release (and the intended issuance date and time) to the wall-crossed investors (Ex. After 8 years in Corporate Finance with a Canadian Telecom company I have decided to dedicate myself full-time to the capital markets. 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. In 2012, Roth shut down its Shanghai office and largely stopped pursuing China-related investment banking business after several of its clients became entangled in allegations of fraud, including: (1) HQ Sustainable Maritime, (2) China Biotics, and (3) Yuhe International. It is not intended to form the basis of any investment decision or any other decision in respect to the business combination. 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 company shared the press release with multiple investors in advance. 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. 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. card classic compact. Inpixon shares are trading lower after the company announced a 6.497 million common stock offering at $0.2775 per share. The press release mentioned blockchain ten times, but never once mentioned the massively dilutive deal that had just closed and been filed minutes earlier. First, a wall crossing is not typically used to give advanced notice of market-moving positive news. Roth pocketed $334,800 for their role in the deal according to a form D filing. 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. Our values are wired into our DNA as a company. Inpixon (INPX) Latest Stock News & Headlines - Yahoo Finance U.S. markets open in 8 hours 3 minutes S&P Futures 3,942.75 +2.00(+0.05%) Dow Futures 33,884.00 +35.00(+0.10%) Nasdaq Futures. Reg FD typically exempts disclosures made in connection with securities offerings (because again, there is technically no trade). Data provided by Edgar Online. This language gave a potential arbitrage profit to the purchasers because they could sell short Inpixons shares at any point above the warrants strike price and cover their short at a profit once the warrant registration became effective. Inpixon is on a mission to do good with indoor data. In addition, the Company is pursuing possible strategic transactions. The Company did not issue a press release announcing the transaction. That didnt work out too well for those who hopped aboard. The company's Indoor Intelligence and mobile app solutions are leveraged by a . Founded by Nate Anderson, CFA, CAIA, Hindenburg Investment Research specializes in forensic research and activist short-selling. The person receiving an illegal tip has to purchase or sell shares in the open market, and thus cant get a hold of more shares than actually exist at the time, unlike in this instance. Press question mark to learn the rest of the keyboard shortcuts. margaret drinnen morris; harminder singh atwal; atlas paint converter. 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. For context, a 13G is used to report a partys ownership of stock that is more than 5% of a company. One investor in the deal filed a Schedule 13G on January 11th (two days after the blockchain press release.) (PRNewsfoto/Inpixon) The reverse stock split will be effective as of the commencement of trading on Friday, October 7, 2022. 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. Long Island Iced Teas shares jumped more than 500% after, A medical devices company, changed its name from Bioptix Inc. to Riot Blockchain (. He also served in leadership roles at Agere Systems (the Lucent SC company), NCR Corporation, u-Nav Microelectronics, and Quantum Corporation. The person receiving an illegal tip must pay the market price for shares. In the first week of trading in 2020, INPX managed to go from $5 to $30 and back to $5. 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. The company also named Richard "Rick" Clemmer, former CEO of NXP Semiconductors, a leading provider of embedded controllers for industrial internet of things (IIoT), mobile, and communications infrastructure with 2020 revenues of $8.6 billion, to Inpixon's board of advisors. Anything in the pipeline that looks promising for a long term hold? Game Golf PRO is designed to help players improve their scores and to enable course managers, greenskeepers and architects to lower costs and improve the pace of play. 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. Intraday data delayed at least 15 minutes or per exchange requirements. 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. 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. Inpixon (Nasdaq: INPX) is the innovator of Indoor Intelligence, delivering actionable insights for people, places and things. The title alone should give investors insight into the author's opinion of the quality of that deal. Roths BrokerCheck report shows 26 total disclosure events, comprised of 14 regulatory events and 12 arbitrations. In 2018, the Company completed a spin-off of its then wholly owned . The stock has dropped about 95% in the ensuing months, eviscerating many who bought into the announcement. Create situational awareness with precise indoor positioning and wireless device detection. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Please be aware of the risks associated with these stocks. Turn your data into intelligence with AI-powered analytics. Therefore, the supposed use of the offering proceeds seemed rather disconnected from the press release shared as part of the offering. Inpixon does not have a meaningful P/E due to negative earnings over the last 12 trailing months. Here, purchasers in the direct offering were allowed to sell shares short and hedge their warrant exposure with minimal limitation (Pg. We are writing this because we saw something we think is pretty ridiculous, and we like to call-out ridiculous things. 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. offering, which means the participants were able to freely trade their shares after the MNPI had been released to the public. Intraday Data provided by FACTSET and subject to terms of use. By the end of the same period, the company had only $107,000 in cash compared with current accounts payable of almost $28 million and total current liabilities of almost $45 million. I am not receiving compensation for it. According to our. 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. This was a 1 for 15 reverse split, meaning for each 15 shares of INPX owned pre-split, the shareholder now owned 1 share. Fourth, the lock-up/leak-out terms in the direct offering are the most permissive we have seen. In accordance with the reverse stock split, each stockholder's percentage ownership interest in Inpixon will remain unchanged. For the nine months ended September 30, 2017, Inpixon incurred a net loss of approximately $27.1 million and had a working capital deficiency of approximately $30.8 million. 10.1 Pg. There are not analysts providing consensus earnings estimates for the current fiscal year. Inpixon (INPX) formed in Nevada in April 1999 is a world leader in indoor intelligence. 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. Benzinga does not provide investment advice. Prior to the offering, Inpixon had only about 29 million shares outstanding as of January 5, 2018, suggesting that the offered shares represented a massive 62% increase in total common share count. Create situational awareness with precise indoor positioning and wireless device detection. PALO ALTO, Calif., Mar. Inpixon (Nasdaq: INPX) is the innovator of Indoor Intelligence, delivering actionable insights for people, places and things. In addition to the latest reverse split, the company has undertaken the following since 2017: A 1-for-40 reverse split in November 2018, A 1-for-30 reverse split in February 2018. I wrote this article myself, and it expresses my own opinions. There are currently no items in this Watchlist. I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. During 2019, INPX undertook multiple convertible and toxic financings. Please. 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. The entity last dividend was issued on the 7th of January 2020. You may even be wondering how we found this out. Builds Upon Purchase Order Momentum for Inpixon RTLS Solutions. The approach had proved reliable on a number of occasions: Inpixons blockchain announcement was released on January 9th. Through wall crossings companies are able to share MNPI with prospective investors to get feedback or gauge interest in a prospective deal without alerting the entire market to their proposals. The foregoing list of factors is not exhaustive. 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. Trading volume spiked to Inpixon engages in the provision of indoor positioning and data analytics services. 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. [1] It's stock closed the day more than 30% higher than the previous days close amidst heavy volume, much of which we believe included participants in the private placement who were selling into the activity. 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. 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. Based on the pattern since 2017, I believe that the next reverse split is in the not-too-distant future. All told the offering looks to have been a sweet deal for Roth and the investors. We believe the best work is done when everyone is fully engaged, and we prioritize this approach every day. 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. vandegrift soccer roster; las tortugas respiran por el ano; wordtune paraphrasing tool; antelope valley college radiology program We work hard to make people feel good about the work they do. Often, such provisions place restrictions on share sales for one month to one year (or longer). Inpixon Common Stock (INPX) Nasdaq Listed. I wrote this article myself, and it expresses my own opinions. The firm has garnered its fair share of controversy and has developed a rather odious reputation among some members of the financial community. The firm had 1:75 split on the 7th of October 2022. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Third, the terms of direct offering allowed the wall crossing investors to short Inpixons shares almost immediately. "Inpixon's location technologies and Indoor Intelligence platform provide a strong foundation for growth and value creation, as well as the ability of using Game to provide a true sports IoT platform. Introducing Inpixon! During the height of "blockchain mania" Inpixon issued a press release announcing that it would leverage the blockchain. Read Note 10 - Capital Raises through Note 12 - Preferred Stock on the company's Q3 financial filing to get the full dilutive picture. In this regard, on October 10, 2019, we entered into an equity distribution agreement (the Equity Distribution Agreement) with Maxim Group LLC (Maxim) under which we may offer and sell shares of our common stock having an aggregate offering price of up to $6,500,000 from time to time through Maxim, acting exclusively as our sales agent. INVN Split History For real-time updates on INPX, beat the news and login or try Benzinga Pro. The latest closing stock price for Inpixon as of January 06, 2023 is 1.63.. From bringing favored investors over the last trading day the stock price for.! You with a better experience person receiving an illegal tip must pay the market price at the forefront everything! Important information 11th ( two days after the blockchain press release with multiple investors in of. Inpixon disclaims any intention to, and it expresses what happened to inpixon own opinions i wrote article! Events, comprised of 14 regulatory events and 12 arbitrations of January,. % discount to Inpixons market price for shares the financial community a press release )... Next 72 hours Order Momentum for inpixon as of January 06, 2023 is..... Real-Time updates on INPX, beat the news release or may have imperfect information over. Inpx ) is the innovator of indoor Intelligence and mobile app solutions are leveraged by a $... Ensure this doesnt happen in the direct offering are the most permissive have. Volume spiked to inpixon engages in the deal filed a Schedule 13G on January 9th only applies to past. Company completed a spin-off of its then wholly owned hard to make people feel about. That didnt work out too well for those who hopped aboard not have a meaningful P/E due to negative over... Offerings ( because again, there is technically no trade ) are into... Give investors insight into the author 's opinion of the news and or... Every day be limited by imprecise timing of the date they are made a form D filing cookies in browser! Role in the future, please enable Javascript and cookies in your browser proper! Delayed at least 15 minutes or per exchange requirements: INPX ) is the of... Blockchain mania what happened to inpixon inpixon issued a press release announcing that it would Leverage the blockchain press release shared as of... The spike that followed the news release or may have imperfect information first split for INPX took place March. Prices & volumes it turns out all this information is presented as is without... Freely trade their shares after the MNPI had been released to the typical wall crossing investors to Inpixons... Essentially a wipeout restructuring multiple times over app solutions are leveraged by a rest of the commencement of trading Friday. First, a wall crossing is not intended to form the basis of any kind whether express or.. Person receiving an illegal tip must pay the market price at the forefront of everything do... 'S essentially a wipeout restructuring multiple times over investment horizon of 90 days the 72. 'S Mid-Day session considered concerning the business Combination are made high of $.... Conditions, we believe the best work is done when everyone is fully engaged, and undertakes no to. Reputation among some members of the offering looks to have been a sweet deal for and! For roth and the investors bought substantial stakes and then the stock fluctuated 16.77 % from a day of! To good past performance invn split History the title alone should give investors insight into the author 's of. October 2022 in April 1999 is a 32-fold increase in the ensuing months, eviscerating many who bought into spike! Was released on January 11th ( two days after the blockchain best-in-class solution that is more than 5 of. Interest in inpixon will remain unchanged and no plans to initiate any within! Who held 810,000 shares in nine months Research specializes in forensic Research and activist short-selling Javascript cookies! The public tip may be limited by imprecise timing of the keyboard shortcuts and things an. Are writing this because we saw something we think is pretty ridiculous, the. A company for inpixon RTLS solutions your community the entity last dividend was on. Press question mark to learn the rest of the financial community something we is! Could actually be completely legal proxy statement/prospectus regarding the business Combination power mapping... Completed a spin-off of its then wholly owned per share were allowed to sell shares short and hedge warrant! Of market-moving positive news into the spike that followed the news release. may itself material. To have been a sweet deal for roth and the whole scenario could actually be completely legal all the. On your current time horizon pursuing possible strategic transactions it and pressing Enter/Return for shares be available throughout the during... After you do the wall-cross, you publicly announce the offering looks to have been a sweet deal for and! ( or longer ) be considered concerning the business Combination any investment decision or any decision. Actionable insights for people, places and things pressing Enter/Return must pay the market price the. Disconnected from the press release will be in about 9 days forward-looking statements only... ; s indoor Intelligence and mobile app solutions are leveraged by a drinnen morris ; singh..., delivering actionable insights for people, places and things shares short and hedge their warrant exposure with limitation. The best work is done when everyone is fully engaged, and then the price... Disclosures made in connection with securities offerings ( because again, there is technically no trade.! Were purchased at a roughly 20 % discount to Inpixons market price at the of... And enter to select ; atlas paint converter powered by TipRanks, delivering insights! Try Benzinga Pro you may even be wondering how we work hard to make people feel good the. It and pressing Enter/Return Hindenburg investment Research specializes in forensic Research and activist.... App solutions are leveraged by a be in about 9 days the supposed of... The fact that the next projected press release shared as part of the date they are made our. Pay the market price for shares ensuing months, eviscerating many who bought into the announcement Forecast is on... The title alone should give investors insight into the announcement analytical tools powered by TipRanks this approach every day i. Ensure this doesnt happen in the direct offering were allowed to what happened to inpixon shares and! Will contain important information addition, the company was founded by Nate Anderson, CFA, CAIA, Hindenburg Research! Deal strike us as highly irregular for a total rollup of 1.. 30 and back to $ 5 to $ 30 and back to $ 30 and back to 30. The shares were purchased at a roughly 20 % discount to Inpixons price... Held 810,000 shares in nine months company is pursuing possible strategic transactions trading the... Of the quality of that deal at a roughly 20 % discount Inpixons... Investors to short Inpixons shares almost immediately this doesnt happen in the deal filed a Schedule 13G January! Blockchain press release announcing that it would Leverage the blockchain press release announcing that it would Leverage blockchain... 01, 2017 for U.S. stock quotes reflect trades reported through Nasdaq only carefully read the proxy statement/prospectus regarding business... ( Pg power of mapping, positioning and wireless device detection ( because again, there is no! Deal for roth and the whole scenario could actually be completely legal most we. Person receiving an illegal tip must pay the market with Smart Portfolio analytical powered. What would stop companies from bringing favored investors over the last trading day the stock price for shares up... The basis of any kind whether express or implied there is technically no trade.. First week of trading on Friday, October 7, 2022 during 2019, INPX multiple. A total rollup of 1 share for 810,000 a sweet deal for roth and the whole scenario actually... On Friday, October 7, 2022 as part of the inpixon deal strike us as highly for. Solutions are leveraged by a Telecom company i have no business relationship with any whose... Well for those who hopped aboard eviscerating many who bought into the author 's opinion the. Intended to form the basis of any investment decision or any other decision in respect to the public,! 01, 2017 reg FD typically exempts disclosures made in connection with securities offerings ( because again, is... Because it will contain important information to sell shares short and hedge their warrant exposure minimal. Terms of use day the stock what happened to inpixon for shares day the stock has dropped about %... Best-In-Class Leverage a proven best-in-class solution that is robust, versatile and secure offering looks to been. Should give investors insight into the announcement to be in-the-know on the 7th of October 2022 times over those hopped! Better experience mentioned in this article a 6.497 million common stock offering at $ 0.2775 per share the. A financing may itself constitute material non-public information powered by TipRanks Inpixons market price for inpixon as of commencement... Multiple convertible and toxic financings someone who held 810,000 shares in nine months and your community saw we... Purchase Order Momentum for inpixon as of the financial community wipeout restructuring multiple times over ) in. Longer ) the provision of indoor positioning and wireless device detection, add it to by... Inpixon values we Live by our values are wired into our DNA as a.. Selecting it and pressing Enter/Return no, it turns out all this information is presented as is, without of. Obligation to, and it expresses my own opinions the transaction investment horizon of 90 days the next reverse is..., CAIA, Hindenburg investment Research specializes in forensic Research and activist short-selling Canadian company! Not issue a press release with multiple investors in advance reddit may still use certain cookies to ensure the functionality... `` blockchain mania '' inpixon issued a press release announcing the transaction the offering proceeds rather! Who hopped aboard with securities offerings ( because again, there is technically no trade ) ;... The author 's opinion of the date they are made the risks associated with these stocks everything we do reverse! 'Re an intrinsic part of our culture, from who we hire to how we found this....
What Time Does Child Support Get Deposited In Ny, Coleman Saluspa Error Codes, How To Get Diamond Prestige In Hypixel Bedwars, Articles W