p.s. Thanks for responding.
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PALO ALTO, CA, – February 28, 2017 – Sysorex (NASDAQ: SYRX), the indoor positioning and data analytics company, today announced that it has received written notification that the Nasdaq Hearings Panel (the “Panel”) has granted the Company’s request for continued listing on the Nasdaq Capital Market, subject to certain conditions including that, no later than March 15, 2017, Sysorex effect a reverse split of its common stock and evidence a closing bid price of $1.00 per share or more for a minimum of ten consecutive trading days.
In connection with satisfying the Panel’s condition for continued listing, the Company’s Board of Directors has approved a reverse stock split of the Company’s common stock whereby every 15 shares of common stock will automatically be combined into one share of common stock. The reverse split was approved by the Company’s shareholders on November 8, 2016 and will be effective as of the commencement of trading on March 1, 2017.
Sysorex also announced today that, effective as of March 1, 2017, the Company will change its name to Inpixon and its trading symbol from “SYRX” to “INPX.” The Company’s common stock will begin trading on The Nasdaq Capital Market (“Nasdaq”) under its new name and trading symbol effective at the market opening on March 1, 2017.
https://www.sysorex.com/2017/02/28/sysorex-announces-favorable-decision-from-the-nasdaq-hearings-panel/
The paradox of iHub: buy high, sell low
Recent INPX News
- Inpixon Announces Anticipated Closing Date for XTI Merger and Share Consolidation • PR Newswire (US) • 03/11/2024 03:45:00 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/27/2024 10:15:09 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 02/23/2024 07:52:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 07:45:53 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 07:48:08 PM
- XTI Aircraft Company Receives Expanded Patent from China • PR Newswire (US) • 02/12/2024 02:30:00 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 02/06/2024 10:18:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 10:15:13 PM
- Inpixon Provides Update on Pending Strategic Transactions • PR Newswire (US) • 01/12/2024 02:00:00 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 01/09/2024 10:15:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/03/2024 10:15:12 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 12/29/2023 10:15:41 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 12/20/2023 10:20:12 PM
- Form S-1 - General form for registration of securities under the Securities Act of 1933 • Edgar (US Regulatory) • 12/20/2023 10:15:46 PM
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- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 12/19/2023 10:19:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/15/2023 10:27:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/15/2023 10:25:10 PM
- Form 425 - Prospectuses and communications, business combinations • Edgar (US Regulatory) • 12/15/2023 02:48:38 AM
- Inpixon Announces Record Date and Details for Subsidiary Spin-off and its Planned Business Combination with Damon Motors • PR Newswire (US) • 12/14/2023 02:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:45:54 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 12/11/2023 10:15:24 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 10:10:29 PM
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