Inpixon (INPX)

[JohnnyRothrock]

$INPX divy is on schedule, less then 400,000 shares were added as they had to even out Warrants before the divy date! …also CXApp waived the stipulation for the $9.5 mil cash before divy! ..this is huge cause this deal has been in works since last June and delayed twice….now everything in order and dividend date is next Monday, March 6th but need to own by March 2nd this Thursday: that dip today brought in i think many new buyers and holders for this almost 1 share of the new comoany for every 2 shares of INPX that we can still all keep……..a HUGE divy coming up and free share ratio:



“The Company determined that it needed to complete the Warrant Exchange prior to the previously announced record date of the spin-off of its enterprise apps business (including its workplace experience technologies, indoor mapping, events platform, augmented reality and related business solutions) (the “Spin-Off”) in order to preserve the tax-free status of the Spin-Off.”


And even better….the new spun off company waived the stipulation where at closing of this divy deal they needed $9.5 mil in cash …….they waived this! Wooohooo!:

“….with the closing, plus (iii) the aggregate gross purchase price of any other purchase of shares of CXApp common stock (or securities convertible or exchangeable for CXApp common stock) actually received by CXApp prior to or substantially concurrently with the closing, is equal to or greater than $9,500,000 (the “Minimum Cash Condition”).

On February 27, 2023, CXApp irrevocably and unconditionally waived the Minimum Cash Condition.”

https://www.otcmarkets.com/filing/html?id=16442807&guid=n44-keSHJML0dth