Inpixon Stock Price, News & Analysis

PALO ALTO, Calif., Sept. 21, 2021 /PRNewswire/ -- Inpixon (Nasdaq: INPX) announced it received a Notice of Allowance for its patent application covering a multi-channel spatial positioning system. This patent is significant for sensor fusion, enhancing location accuracy by integrating various positioning methods like radio frequency and inertial measurements. Inpixon believes this technical innovation positions the company to deliver superior location solutions across multiple industries, addressing needs such as logistics optimization and asset tracking.

Inpixon (Nasdaq: INPX) has entered a securities purchase agreement to raise approximately $54.1 million by issuing 58,750 shares of Series 7 convertible preferred stock and warrants for 47 million shares of common stock. Each preferred share is priced at $920, with a conversion price of $1.25 per share. The offering, expected to close on September 15, 2021, allows holders to vote and redeem shares for cash after six months. The warrants, expiring in five years, will also enable investment flexibility.

Inpixon (Nasdaq: INPX) hosted its Demo Day 2021 on September 8, showcasing its Indoor Intelligence solutions. The virtual event featured product demonstrations, insights into business outlook, and discussions led by CEO Nadir Ali and other executives. Attendees were encouraged to engage by submitting questions. Inpixon focuses on providing actionable insights through mapping, positioning, and analytics, aiming to enhance safety and productivity across various industries. For more information and follow-up, visit their Investor Relations website.

Inpixon (Nasdaq: INPX) announced details for its Demo Day event scheduled for September 8, 2021, from 4:30 p.m. to 5:30 p.m. Eastern Time. The virtual event will highlight Inpixon's latest innovations in Indoor Intelligence, including smart office applications, mapping, and augmented reality. Key executives, including CEO Nadir Ali, will present and engage with attendees. Registration for the Demo Day is available via a provided link.

Inpixon (Nasdaq: INPX) announced that its CXApp event platform powered Aruba's Atmosphere Digital 2020 Conference, which won the Judges' Choice Award at EXHIBITOR Magazine's 2021 Corporate Event Awards. The event saw participation from over 22,000 attendees, marking a 389% increase from 2019. Inpixon's CEO, Nadir Ali, emphasized the platform's unique capability to host in-person, virtual, and hybrid events, catering to a global audience. The CXApp platform features advanced engagement tools that enhance attendee experiences, which are crucial as businesses adapt to post-COVID event formats.

Inpixon (Nasdaq: INPX) will host a Live Demo Day on September 8, 2021, aimed at investors and interested parties. This virtual event will showcase Inpixon's Indoor Intelligence solutions, including its smart office app, events platform, and mapping technologies. Attendees will also preview upcoming innovations in augmented reality and employee experiences. Presenters include CEO Nadir Ali and CTO Adam Benson. Registration details will follow shortly, and inquiries can be sent to inpx@crescendo-ir.com.