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well Things looking better as CXAI at 4.50 and INPOX even upticking a bit and I have no idea why 2 hours in to trading CXAI has traded 9 times the entire outstanding of 8.5 Million shares
spinoff running up 50% AH
was ondering about the CLASS C spinoff sec filing says this
(1
The big guy serves himself and his family just like inpixon
All public servants especially those in any office need to be paid 1/3 of the private sector salary for that same type of job. And no more pensions. They get the same retirement and benefits as the private sector. This will eliminate all corruption and allow ONLY those people who actually want to serve the People. They are servants, indentured servants to the People and it's time we make it that way once again ! The free ride, tyrannical power of oppression, and insulation from the real world that the People must live under needs to end. No more elites that get rich off our backs and also at the same time violate our creator given Rights !
$INPX one of the worst ever CEO is crooked
Agree, how in the world does Martha Stewart get slapped around for insider trading and the political clowns on both sides of the isle skate free.
Two things....... only investment allowed for politicians is something like CREF and TERM LIMITS on all politicians.
If they had investments like CREF the politicians would straighten out this market corruption FAST. Banks would not be betting against as many companies and regulators would straighten up or hit the bricks. No more FINRA Acceptance Waiver and Consent. No more DTCC CNS program.
Wish I could work for $100K and become a multimillionaire in 4 years. On top of that get a pension and healthcare for life. (Is that after 1 term or 2 terms~?) Think 2 terms.
CraZy.
You are right about that. The only people that make money are the politicians who conduct insider trading which is NOT illegal for them, only us peasants. All is explained right here for the public to see for themselves.
Anyone wonder why Pelosi is worth $400 million on a salary of $200K? They go into Congress relatively poor and leave multi-millionaires and the sheep just don't see it.
https://www.capitoltrades.com/trades
Glad I got out of this ticker. What a waste. Got out at $0.535 and back down to $0.39.
What a POS.
I would not invest someone elses money in this thing. So glad I'm out. I'll be lucky to break even. Good luck to those that still hold this POS.
Reminds me of Sulja Bros. SLJB in 2006. I lost a ton of $ on that.
But don't forget others have bought even higher like @ .91 and above.
True. I was glad to get the hell out. Took a small loss. The guy running this company is a douche bag. My opinion. Shareholders to him are bag holders. He can hold THIS~!
Must be a real sweetheart to work for. Can you imagine working for a shmuck like this clown~? No way~!
I need to wait. It is still below where I bought. But don't forget others have bought even higher like @ .91 and above.
What a total POS this stock is~! Got out at 0.535.
And the Raven cried........ :Nevermore, nevermore~!
Good ! Getting closer to where I bought. Don't want to lose my $40 I spent on this stock. Bought 60 shares @ .67 each. I need my money and $40 is alot to me.
the patient is not dead LOL. I see news and .46 ah. Likely be back to .32 tomorrow.
goo revs how in the hell do they lose that much money?
npixon Reports 2022 Financial Results and Provides Business Update
Inpixon Reports 2022 Financial Results and Provides Business Update
PR Newswire
PALO ALTO, Calif., March 30, 2023
Inpixon Reports 21% Growth in Revenue to $19.4 Million for the 2022 Fiscal Year
Conference Call to be Held Today at 4:30 p.m. Eastern Time
PALO ALTO, Calif., March 30, 2023 /PRNewswire/ -- Inpixon® (Nasdaq: INPX), the Indoor Intelligence® company, today provided a business update and reported financial results for the fiscal year ended December 31, 2022.
(PRNewsfoto/Inpixon)
"We completed 2022 with a 21% increase in revenue. We also implemented initiatives to reduce our operating expenses and overhead costs and remain actively committed to pursuing meaningful opportunities that will provide our shareholders with additional value," commented Nadir Ali, CEO of Inpixon. "The recently completed spin-off of our workplace experience products and business, which was a primary focus of the company during the second half of 2022, will allow Inpixon shareholders that were eligible to participate in the distribution to share in the potential upside of an investment in two separate and independent public companies. We believe this transaction was a significant accomplishment structured for the benefit of our shareholders. To the same end, we are also actively pursuing other opportunities for the remainder of our business that we believe will increase total enterprise value. Inpixon also continues to be recognized as an industry leading provider for indoor location services. For the fifth consecutive year, Inpixon has been recognized in the Gartner® Magic Quadrant™ for Indoor Location Services report[1], with this year marking the second consecutive year being named a Leader in the industry. Moving forward into 2023, we will continue to focus on accelerating the growth of our real-time location system (RTLS) business and further penetrating the market which is projected to reach $12.7 billion by 2026, a CAGR of 26.5%, according to research firm MarketsandMarkets.
"Over the years, we have developed expertise in advanced technologies which allows us to support the digital transformation underway in many industries. Our full-stack industrial RTLS allows customers to locate, learn, and leverage business and operational intelligence to reduce costs, grow revenue, and increase productivity. This is done by creating a connected, visible, and automated industrial workflow with our industrial IoT (IIoT) platform, location-aware sensors, digital twins and advanced applications, which are scalable, flexible, and intelligent. Given our ability to address a wide variety of important use cases, we have secured new customers and numerous purchase orders during the year. We believe the breath of our software and hardware products that make up our RTLS solution sets us apart from others in the market. We believe we are at the forefront of this industry and well positioned to take advantage of the vast opportunities. We look forward to achieving additional milestones in 2023 for our RTLS business."
Business Highlights
Completed distribution of workplace experience app business and business combination with CXApp Inc. (formerly KINS Technology Group Inc.).
Named Leader in 2023 Gartner® Magic Quadrant™ for Indoor Location Services.
Secured a purchase order valued at over $1 million for Inpixon's RTLS products from a leading transportation and industrial equipment provider.
Announced a collaboration agreement with Schauenburg Systems, an original-equipment manufacturer of mine safety systems and equipment, to sell Inpixon's real-time location technologies.
Achieved FCC, ISED Certifications and established CE status for Inpixon Swarm Chirp V3.
Joined SAP® Partner Program, offering location intelligence for advanced RTLS-enabled industrial automation.
Financial Results
Revenues for the year ended December 31, 2022 were $19.4 million compared to $16.0 million for the comparable period in the prior year for an increase of approximately $3.4 million, or approximately 21%. This increase is primarily attributable to an increase in Indoor Intelligence sales, including $2.6 million from smart office app sales and $0.9 million from real time location-based technologies. Gross profit for the year ended December 31, 2022, was $13.9 million compared to a gross profit of $11.6 million for the 2021 fiscal year, representing an increase of 20%. The gross profit margin for the year ended December 31, 2022 was 72% compared to 73% for the year ended December 31, 2021. This lower margin is primarily due to the sales mix during the year. Net loss attributable to stockholders for the year ended December 31, 2022 was $63.4 million compared to $69.2 million for the comparable period in the prior year. This decrease in loss of approximately $5.8 million was primarily attributable to the decrease in operating expenses of $13.7 million and the higher gross margin of $2.3 million offset by an increase in other loss of $10.9 million.
Non-GAAP Adjusted EBITDA for the year ended December 31, 2022 was a loss of $26.6 million compared to a loss of $29.6 million for the prior year period. Non-GAAP Adjusted EBITDA is defined as net income or loss before interest, provision for income taxes, depreciation, and amortization plus adjustments for other income or expense items, non-recurring items and non-cash items including stock-based compensation.
Proforma non-GAAP net loss per basic and diluted common share for the year ended December 31, 2022 was $12.25 compared to a loss of $18.77 per share for the prior year period. Non-GAAP net loss per share is defined as net loss per basic and diluted share adjusted for non-cash items including stock-based compensation, amortization of intangibles and one-time charges and other adjustments including impairment of goodwill and intangibles, provision for valuation allowance on notes, and acquisition costs.
These financial results for 2022 are based on information available to management as of the date of this press release, and may be subject to further changes upon completion of the Company's quarterly and year-end operational and financial closing procedures.
Conference Call
Inpixon management will host a conference call today at 4:30 p.m. Eastern Time to discuss the company's financial results for the fiscal year ended December 31, 2022, as well as to review the company's corporate progress and other developments.
The conference call will be available via telephone by dialing toll-free 888-506-0062 for U.S. callers or 973-528-0011 for international callers and entering access code 246549. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2235/47912 or on the company's Investor Relations section of the website, ir.inpixon.com.
Investors and other interested parties are invited to submit questions to management prior to the call's start via email to inpx@crescendo-ir.com.
A webcast replay will be available on the company's Investor Relations section of the website (ir.inpixon.com) through March 30, 2024. A telephone replay of the call will be available approximately one hour following the call, through April 6, 2023, and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 47912.
[1] Gartner Magic Quadrant for Indoor Location Services, Tim Zimmerman, Annette Zimmermann, February 21, 2023.
Gartner Disclaimer
Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of the Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence®, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and industrial real-time location system (RTLS) solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. For the latest insights, follow Inpixon on LinkedIn, and Twitter, and visit inpixon.com.
LOL BE CAREFUL WHAT U WISH FOR. Oh well worth a try. I knew it was unlikely
We have received our CXAIs now which are worth under $2.. Lol
I Received my CXAI Class a Trading and Class C untradable shares - turned out to be a big money loser in the end. OH well. had lots of good ones work out.
Likely see another r/s here - obviously shares being printed and Published financials do not match pps in any way. This has all the earmarks of a stinky pinky not a Nas stock
1 year chart is nice lol spilt adjusted 1900 high now .38. this is stuff you see on the pinks or grey sheets
sloppy is an understatement it went for 1 for 1 to .04 for 1 to .09 for 1 then there is this class C foolishness which is likely shithouse wallpaper as the miners used to call worthless certs. Then stock has crashed and the spinoff is half and we dont have our shares anyway.
Other than that everything is going awseome
Still no shares in account. Just the original inpx stocks. Shits been cut in half. No new $CXAI shares in account. With questrade. Not sure what's going on. Even if we get though, I thought we can't sell for 6 months? Idk this was very sloppy.
same here Buckey .. never heard of that before either but we'll see if my divvy shares show up in a few days
been trading 30 years and never heard of a "failed stink" but certainly had had a few of these backfire like this one essentially has. Now I have had a few big winners of spinoffs spilts etc.
I was given my divvy shares yesterday & today they are gone .. I contacted etrade & they 1st tried telling me that INPX will no longer trade under INPX & will become CXAI which of course is incorrect .. they then told me that it was a "failed stink" (their words not mine & whatever that means) but that we should see our shares within the next few days
as expected I do not have mine contacted broker
Czai shows only 7m in the float, wow could run into the 15$ area real fast, hold the free shares
They show a purchase price an a loss now, confused here
The spin off shares from inpixion were givn to each shareholder correct?
So the shares are free correct?
Was able to sell $CXAI shares at $4.61 with a call in order
What a bait and switch cluster fuck that was.
Buona Fortuna
In one account I see the new KINZs in another I still don't, the quotes on Ihub aren't there yet
Don't you like these prices? I think there's a great opportunity to make money here.
CXAI its trading last $5 on 500k shares 1,147 trades so that KINZ shares coverted - No idea if any INPX folks got any yet.
CXAIW is 3 trades
Wow so that means I actually got in before the ex-date? Huh I thought I was already late by buying last week. That is surprising. I only dropped $40 for the fun. Didn't expect to gain anything extra. So now I will have a gift that will pay for a 1/16 tank of gas. Imagine that.
Ok, I don't see CXAI listed as of today either
YOu may have to contact your broker - INPX mgt seems shady and may have screwed this up.
Ok thanks ...
I have no idea on nothing. Stock action would indicate we should of got them this morning but my broker never gets them on time. I beleive ex date is today and you had to own INPX at close yesterday but frankly I really am not sure. I will post if I get mine. I will be contacting broker today
Are still in complete confusion, when will we get our shares from the spin-off?
well my gut feel all along was that today was indeed the ex date and I did add 25% yesterday against my better judgement because all along this felt off maybe because I didnt follow all the gibberish.
anyway INPX at .45 pm but CXAI is trading at $4
However I do not have any spinoff shares. and if and when we get class C shares I do not have a clue what they are and they are no trading so likely asswipe
Updated.
https://nasdaqtrader.com/TraderNews.aspx?id=eca2023-125
On February 13, 2023, Inpixon (INPX) announced a spin-off of CXApp Holding Corp. to holders of record on March 6, 2023. The distribution was subject to the completion of the business combination with KINS Technology Group Inc. (KINZ/U/W) that closed today, March 14, 2023 (see link to ECA #2023-159). Upon the close of the business combination, all shares of CXApp Holding Corp will be automatically exchanged for shares of CXApp Inc.(CXAI). INPX shareholders will receive 0.0975222161241519 of a share of Class A Common Stock of CXApp Inc. (CXAI) and 0.3457605844401750 of a share of Class C Common Stock of CXApp Inc. for every share held. The EX-distribution when-issued market of Inpixon (INPXV) and the when-issued market for CXApp Inc. Class A Common Stock (CXAIV) began trading on Nasdaq on Monday, March 6, 2023. The class C shares of CXApp Inc. will not be listed on Nasdaq. The details for the spin-off and when-issued markets are as follows:
Parent Company/Issue: Inpixon Common Stock
CUSIP: 45790J867
Symbol: INPX
Record Date: March 6, 2023
Payment Date: March 14, 2023
EX Date: March 15, 2023
Due Bill Redemption Date: March 16, 2023
Ratio of Spin-Off/ Distribution:
0.0975222161241519 of a share of Class A Common Stock of CXApp Inc. (CXAI) and 0.3457605844401750 of a share of Class C Common Stock of CXApp Inc. for each share of Inpixon held.
An EX-distribution when issued market was established for Inpixon. Trades in the EX-distribution when issued market will not carry due-bills for the spin off/distribution. The details for the EX-distribution when-issued market are as follows:
Symbol: INPXV
CUSIP: 45790J859
First Trade Date: March 6, 2023
Suspension Date: March 15, 2023
Settlement Date: March 17, 2023
A when-issued market will be established for the shares of CXApp Inc. Class A Common Stock (CXAIV). This symbol will be suspended effective March 15, 2023 (the Ex-date). The details for the when issued market are as follows:
Symbol: CXAIV
CUSIP: 23248B109
First Trade Date: March 6, 2023
Suspension Date: March 15, 2023
Settlement Date: March 17, 2023
For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.
If you would like to register as a market maker in INPXV or CXAIV contact Nasdaq Trading Services at +1 212 231 5100.
News from inpx. Well I didn't get any but now we are supposedly getting .09 last was .04 shares per
Inpixon Completes Distribution and Business Combination of CXApp Holding Corp. with KINS Technology Group Inc.
PR Newswire
PALO ALTO, Calif., March 14, 2023
Regular-Way Trading of CXAI Begins Tomorrow on Nasdaq
PALO ALTO, Calif., March 14, 2023 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) today announced the completion of the expected tax-free distribution ("Distribution") of 100% of the outstanding capital stock of its subsidiary CXApp Holding Corp. on a pro rata basis to holders of Inpixon's outstanding capital stock and certain other securities of record as of March 6, 2023 ("Inpixon Securityholders"). The Distribution was immediately followed by the closing (the "Closing") of the business combination (the "Business Combination") between CXApp Holding Corp. and KINS Technology Group Inc. ("KINS") (which following the Closing changed its name to CXApp, Inc. ("CXApp"). As a result of the transactions, Inpixon Securityholders received 7,035,000 shares of CXApp common stock, representing 50% of the outstanding CXApp common stock, of which approximately 22% were issued as Class A common stock and 78% as Class C common stock.
Nadir Ali, CEO of Inpixon, commented, "The CXApp platform is representative of one of the outcomes of Inpixon's vision to bring core workplace experience technologies together as a single solution, and it has already demonstrated to be an industry leading workplace platform with strong product market fit. The closing of this strategic business combination offers CXApp an opportunity to further accelerate its ability to grow with a leadership team comprised of industry experts with prior experience in scaling and successfully building businesses. We are also happy to have been able to structure a transaction that will allow our shareholders to continue to share in the anticipated benefits of the potential opportunity of this business. In addition, we are just as excited about the potential opportunities this transaction creates for Inpixon and its growing industrial real-time location system (RTLS) business line, which we expect to continue to expand within this large and growing market."
Mr. Khurram Sheikh, Chairman and CEO of CXApp, said, "This business combination will amplify CXApp's workplace platform as a category-maker. When it comes to hybrid work, employers often find themselves stuck solving one problem at a time, but what they really want is to create streamlined, scalable employee experiences that not only reduce app overload but also provide insight into how workplace tools and spaces are being used. The Workplace SuperApp™ is uniquely positioned to shape the future of work as we continue to deliver on our industry-leading roadmap, innovate with emerging technologies like augmented reality and artificial intelligence, and invest in our growing partner ecosystem to deliver the most connected workplace mobile app."
Under the terms of the Business Combination, which was structured as a Reverse Morris Trust transaction, at the Closing Inpixon Securityholders received approximately 0.0975222161241519 of a share of CXApp Class A common stock and approximately 0.3457605844401750 of a share of CXApp Class C common stock for each share of Inpixon common stock.
CXApp Class A common stock and CXApp Class C common stock are identical in all respects, except that CXApp Class C common stock is not listed and will automatically convert into CXApp Class A common stock on the earlier to occur of (i) the 180th day following the Closing and (ii) the day that the last reported sale price of CXApp Class A common stock equals or exceeds $12.00 per share for any 20 trading days within any 30-trading day period following the Closing.
Regular-way trading in CXApp Class A common stock is expected to begin on Nasdaq under the stock ticker symbol "CXAI" tomorrow, March 15, 2023.
For additional details concerning the terms of the transaction, please reference the Company's current report on Form 8-K which will be filed with the U.S. Securities and Exchange Commission.
About CXApp, Inc.
CXApp Inc. ("CXApp"), The Workplace SuperApp, is a platform that consolidates the services, features, and functions of the workplace tech stack into a single mobile app. The workplace solution helps companies simplify the complexities of hybrid work, by combining a mobile-first employee app with over 150 native features, 100+ workplace integrations, location services, and a growing partner ecosystem into one hybrid workplace platform. The company's SaaS platform helps enterprise organizations connect and power every experience through one mobile app, so employees and operations can make faster, reliable, data-driven decisions across the workplace.
All I know is that I have 60 shares @ .67 bought last Thurs. and I better not lose my $40.00 ! I lost enough on BHUB with that $100 gone because that corrupt "judge" who belongs in Leavenworth was in on the take. We have no justice system you all. Every judge, court, police officer and lawyer is a criminal syndicate or enterprise. If anyone thinks I am wrong. Research Maritime Admiralty Law under the British Crown aka B.A.R. (British Accreditation Registry) and Common Law or Law of the Land which is our original organic Constitution of 1788. Look at the yellow fringe on any flag in government offices or courts. It means a captured territory. DC (District of Columbia) is a foreign nation with their own flag who turned America into a corporation in 1871 unlawfully in an act of Treason and Sedition. We are all property of the corporation and considered chattel. Of which we are traded on the stock market. The IRS is the collection agency for the bankers ( a private entity aka the Federal Reserve). That is where all your tax monies, and interest paid on the printing of the fiat dollars go. To the 13 families and their descendants. Rothchild's, Bilderberg's, Rockefeller's Windsor's, Pasuer's, etc. Time to wake up People.
closes today
http://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2023-159
BUT if you owned INPX WTF happens?
https://nasdaqtrader.com/TraderNews.aspx?id=eca2023-125
what a confusing one
so all I know is I have received nothing spinoff
supposedly CXAIF and INPXV cease trading tomorrow. One never traded and other traded 32k shares.
I fuly realize histry of this crew - hard to beleive its a naz stoock
https://nasdaqtrader.com/TraderNews.aspx?id=eca2023-125
so only think I look at now is the top part and the bolded part. Maybe today is the last day to buy. has anyone seen anything spinoff related
Parent Company/Issue: Inpixon Common Stock
CUSIP: 45790J867
Symbol: INPX
Record Date: March 6, 2023
Payment Date: March 14, 2023
Anticipated EX Date: March 15, 2023
Due Bill Redemption Date: March 16, 2023
Ratio of Spin-Off/ Distribution:
approximately 0.04 of a share of Class A Common Stock of CXApp Inc. (CXAI) and approximately 0.40 of a share of Class C Common Stock of CXApp Inc. for every share held.
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