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Inpixon - INPX STOCK NEWS

Welcome to our dedicated news page for Inpixon (Ticker: INPX), a resource for investors and traders seeking the latest updates and insights on Inpixon.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Inpixon's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Inpixon's position in the market.

News
Inpixon Announces Anticipated Closing Date for XTI Merger and Share Consolidation
Rhea-AI Summary
Inpixon announces the merger with XTI Aircraft Company to create XTI Aerospace, focusing on the TriFan 600 aircraft. The new entity will trade on Nasdaq under the ticker symbol 'XTIA'. Nadir Ali, CEO of Inpixon, highlights the potential of the TriFan 600 to revolutionize private air transportation, with over 700 conditional pre-orders indicating a potential revenue of over $7 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.1%
Tags
acquisition
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News
XTI Aircraft Company Receives Expanded Patent from China
Rhea-AI Summary
XTI Aircraft Company receives an expanded patent from CNIPA for the TriFan 600, enhancing intellectual property protection in China. The patent covers pivotal aspects of the aircraft's design, crucial for vertical takeoff and horizontal thrust. XTI and Inpixon are progressing with their merger, aiming for closure in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
Tags
none
-
News
Inpixon Provides Update on Pending Strategic Transactions
Rhea-AI Summary
Inpixon (INPX) is working with XTI Aircraft Company to satisfy closing conditions for a business combination transaction. The combined company, XTI Aerospace, Inc. (XTIA), will focus on advancing the TriFan 600 and Inpixon's real-time location systems technology. The enterprise value of XTI is estimated to be between $252 million and $343 million. In addition, Inpixon has announced a spin-off of its subsidiary, Grafiti Holding Inc., and the shares will be distributed to participating securityholders prior to the closing of the business combination with Damon Motors, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
Tags
none
News
SOL Global Changes Auditor and Provides Corporate Update
Rhea-AI Summary
SOL Global Investments Corp. (CSE: SOL) (OTC Pink: SOLCF) (FSE: 9SB) announces a change of auditors, nomination of John Zorbas to the Board, grant of DSUs, and updates on Damon Motors. The company also entered into an intercreditor agreement and received an advance from the First Lien Lender.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.76%
Tags
none
-
News
Inpixon Announces That Damon Motors Will Feature Its HyperFighter Superbike at CES 2024
Rhea-AI Summary
Inpixon (Nasdaq: INPX) continues to advance the planned spin-off and business combination between Inpixon Subsidiary Grafiti Holding and Damon Motors; Record Date Set for December 27, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
none
-
News
Inpixon Announces Record Date and Details for Subsidiary Spin-off and its Planned Business Combination with Damon Motors
Rhea-AI Summary
Inpixon (Nasdaq: INPX) has set December 27th, 2023 as the record date for the spin-off of Grafiti Holding Inc. in connection with its planned business combination with Damon Motors, Inc. Upon completion, the combined company will be listed on the Nasdaq Capital Market. The spin-off is expected to provide an opportunity for shareholders to maximize value, while the business combination aims to introduce Damon's innovative HyperSport electric motorcycle to the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.86%
Tags
none
News
Inpixon Announces Shareholder Approval of Proposals Related to Merger Agreement with XTI Aircraft Company, Developer of a Vertical Lift Crossover Airplane (VLCA)
Rhea-AI Summary
Inpixon (NASDAQ: INPX) has received shareholder approval for its merger agreement with XTI Aircraft Company, forming XTI Aerospace, Inc. The merger is expected to create a publicly traded company focusing on advancing the TriFan 600 aircraft and offering Inpixon's real-time location systems technology. The enterprise value of XTI is estimated to be between $252 million and $343 million. Conditional pre-orders for more than 700 TriFan 600s indicate potential gross revenues of over $7 billion upon delivery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.67%
Tags
acquisition
-
News
Inpixon Reports Third Quarter 2023 Financial Results and Provides Business Update
Rhea-AI Summary
Inpixon (Nasdaq: INPX) reported financial results for Q3 2023 and announced two definitive merger agreements. The company is merging with XTI Aircraft, developer of the TriFan 600, and spinning off SAVES UK business to merge with Damon Motors Inc. The merger with XTI is expected to close in Q4 2023, while the spin-off and merger with Damon is set for Q1 2024. Inpixon's Q3 2023 revenues were $2.0 million, with gross profit at $1.6 million and net loss from continuing operations at $10.8 million. The company will host a conference call at 4:30 p.m. Eastern Time today to provide a business update and presentation by Damon Motors' management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
Tags
earnings
-
News
Inpixon Schedules Business Update Conference Call and Presentation by Damon Motors Management
Rhea-AI Summary
Inpixon will host a conference call presentation on November 14, 2023, to provide a business update and present Damon Motors Inc. The conference call will follow the planned spin-off of Inpixon's subsidiary, Inpixon Ltd., and its merger with Damon. Inpixon will release its financial results for Q3 2023 on the same day. Interested parties can access the conference call presentation and webcast replay on Inpixon's Investor Relations section of the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.33%
Tags
none
News
Damon Motors, Makers of the Award Winning HyperSport EV Motorcycle, Announces Merger with Inpixon Ltd., and Plans for Nasdaq Listing of Combined Company
Rhea-AI Summary
Damon Motors signs definitive agreement with Inpixon for a reverse merger with Grafiti Holding. Damon's HyperSport electric motorcycle receives over $85 million in pre-production reservations. The enterprise value of Damon is estimated to be between $224 million and $284 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.24%
Tags
acquisition
Stock INPX logo
Inpixon

Nasdaq:INPX

INPX Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
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INPX Stock Data

10.24M
103.38M
21.55%
4.16%
0.08%
Custom Computer Programming Services
Professional, Scientific, and Technical Services
Link
US
Palo Alto

About INPX

inpixon (nasdaq: inpx) is the leader in indoor positioning and data analytics. inpixon sensors are designed to find all accessible cellular, wi-fi and bluetooth devices anonymously. paired with high performance, data analytics platform, this technology delivers visibility, security and business intelligence on any commercial or government premises worldwide. inpixon's products, infrastructure solutions, and professional services group help customers take advantage of mobile, big data, analytics and the internet of things (iot) to uncover the untold stories of the indoors. for the latest insight on indoor positioning and data analytics, follow inpixon on facebook and @inpixonhq on twitter.