Wednesday, August 31, 2022 11:19:26 AM
examples
The “Conversion Price” shall mean, as of any Conversion Date (as defined in the Amended Debenture) or other date of determination, the lower of (y) $1.50 or (z) 85% of the lowest daily VWAP during the 7 consecutive Trading Days
The most important point is if IDEX fails to report required SEC documents by Sept 12 the agreement is cancelled - do you think IDEX will not report and be forced to repay this amount? IMO, they know they will comply before this date.
On or prior to September 1, 2022, the Company agreed to deliver the Deposit directly to the Escrow Agent by wire transfer. If, on or prior to September 12, 2022, the Company files with the SEC all Initial Periodic Reports (as defined in the Amendment Agreement) required to be filed by the Company under applicable laws and regulations so as to be current on all of its periodic SEC filings as of such date, the Investor has agreed to then promptly deliver written instructions to the Escrow Agent to promptly disburse the Deposit (without interest) to the Company. If the Company fails to file all Initial Periodic Reports (as defined in the Amendment Agreement) by September 12, 2022, then upon receipt of written instructions from the Investor the Escrow Agent shall promptly disburse the Deposit (without interest) to the Investor, which amount shall reduce the outstanding balance on the Amended Debenture in accordance with the terms thereof.
Recent IDEX News
- Ideanomics Announces Receipt of Notice from Nasdaq Regarding Listing Delinquency • GlobeNewswire Inc. • 07/02/2024 09:00:00 PM
- IDEX Biometrics secures repeat order for IDEX Access from AuthenTrend for new markets • GlobeNewswire Inc. • 06/20/2024 06:10:00 AM
- Ideanomics, Inc. Reports Q4 and Full Year 2023 Financial Results • GlobeNewswire Inc. • 06/18/2024 09:05:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/17/2024 09:27:00 PM
- Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q • GlobeNewswire Inc. • 05/24/2024 09:00:00 PM
- Energica and Electra Forge Partnership to Revolutionize the Two-Wheel Electric Vehicle Experience • GlobeNewswire Inc. • 05/23/2024 04:30:00 PM
- Energica and Electra Forge R&D Partnership to Revolutionize the Two-Wheel Electric Vehicle Experience • Business Wire • 05/23/2024 03:50:00 PM
- Form NT 10-Q/A - Notification of inability to timely file Form 10-Q or 10-QSB: [Amend] • Edgar (US Regulatory) • 05/16/2024 09:27:52 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 09:20:52 PM
- IDEX Biometrics is bringing biometric cards to market with large smart card manufacturer in South Asia • GlobeNewswire Inc. • 05/08/2024 07:30:00 AM
- Ideanomics Announces Receipt of Notice from Nasdaq Regarding Listing Rule 5250(f) • GlobeNewswire Inc. • 04/27/2024 01:27:07 AM
- Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K • GlobeNewswire Inc. • 04/24/2024 09:30:00 PM
- Mutual Trust Bank launches biometric cards with IDEX Biometrics in Bangladesh • GlobeNewswire Inc. • 04/02/2024 06:54:00 AM
- Solectrac Announces Strategic Reorganization to Further Amplify Electrification Efforts and Enhance Customer Support • GlobeNewswire Inc. • 03/27/2024 12:00:00 PM
- Ideanomics Announces Fourth-Quarter and Full-Year 2023 Earnings Call Details • GlobeNewswire Inc. • 03/25/2024 11:56:49 AM
- DenizBank launches biometric payment cards in Turkey based on IDEX Pay • GlobeNewswire Inc. • 03/18/2024 10:30:00 AM
- Turkish bank launches biometric payment cards based on IDEX Pay • GlobeNewswire Inc. • 03/18/2024 08:01:45 AM
- IDEX Biometrics receives IDEX Access production order from Sentry Enterprises • GlobeNewswire Inc. • 03/15/2024 07:30:00 AM
- WAVE Charging Appoints Macy Neshati as General Manager to Spearhead Expansion and Scale • GlobeNewswire Inc. • 03/11/2024 11:58:29 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/08/2024 10:13:57 PM
- IDEX Biometrics and UK fintech to launch biometric cards for payment accessibility • GlobeNewswire Inc. • 03/01/2024 08:30:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/29/2024 10:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/23/2024 10:07:27 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:30:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 09:52:14 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM