Inpixon Announces Successful Completion of Spin-off of Sysorex, Inc.
Inpixon (INPX)
Last inpixon earnings: 8/21 04:05 pm
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US:NASDAQ Investor Relations:
globenewswire.com/news-release/2018/02/06/1333746/0/en/inpixon-effects-reverse-stock-split.html
Company Research
Source: GlobeNewswire
PALO ALTO, Calif., Sept. 04, 2018 (GLOBE NEWSWIRE) -- Inpixon (Nasdaq: INPX) today announced it has successfully completed the spin-off of its value added reseller business, Sysorex, Inc. (“Sysorex”). As a result, Inpixon and Sysorex are now two separate publicly traded companies. In connection with the transaction, Inpixon distributed one share of Sysorex common stock for every three shares of Inpixon common stock to its stockholders (including holders of Series 4 Convertible Preferred Stock) and holders of outstanding warrants of record as of August 21, 2018 entitled to participate in the distribution (collectively, the “Distributees”). No fractional Sysorex shares were issued; however, Distributees who would otherwise have been entitled to receive a fractional Sysorex share in the distribution will instead receive cash in lieu of that fractional share. The Sysorex shares were distributed at 4:01 Eastern time on August 31, 2018 in a distribution that is intended to be tax-free f
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Sec Filings
- 3/12/24 - Form POS
- 2/27/24 - Form 8-K/A
- 2/23/24 - Form 425
- INPX's page on the SEC website