Friday, November 27, 2020 5:37:55 PM
IA committed to buy, From time to time IA will be adding a whopping $150Million dollar worth of IDEX!.
Already bought:
IA II PN Ltd just bought 12.5M Shares @$2.213 and few days earlier same IA II PN Ltd bought another 13.3M shares @$2.613 together 25.83M shares for total Sales of $35M
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25,833,333 Shares of Common Stock
Pursuant to this prospectus supplement, the accompanying prospectus supplement and the accompanying base prospectus, we have sold 12,500,000 shares of our common stock to YA II PN, Ltd., a Cayman Islands exempt limited partnership (“YA”), on November 24, 2020 at a price of $2.2613 per share pursuant to our previously announced Standby Equity Purchase Agreement dated September 4, 2020 with YA (the “SEDA”). The total purchase price and proceeds received from the sale of the shares is $28,266,250. In addition, we have sold 13,333,333 shares of our common stock to YA on November 25, 2020 at a price of $2.625 pursuant to the SEDA. The total purchase price and proceeds received from the sale of the shares is $35,000,000. These shares are being issued as part of the commitment by YA to purchase from time to time, at our option, up to $150,000,000 worth of shares of our common stock pursuant to the SEDA as described in Prospectus Supplement No. 1.
https://www.otcmarkets.com/filing/html?id=14532953&guid=zWUqUnO0tQNjb3h
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