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Investment in Technology Metals Market Limited
On January 28, 2021, Ideanomics, Inc. (“Ideanomics”) entered into a simple agreement for future equity (the “SAFE”) with Technology Metals Market Limited (“TM2”) pursuant to which Ideanomics invested £1,500,000 (the “Purchase Amount”). TM2 is a London based commodities issuing and trading platform for technology metals connecting institutional investors, proprietary traders and retail investors with digital metals issuers – miners, refiners, recyclers and mints. Ideanomics received customary representations and warranties from TM2.
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