Inpixon (INPX) Prices 8M Share Registered Direct Offering at $1.25/Sh

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Go back to Inpixon (INPX) Prices 8M Share Registered Direct Offering at $1.25/Sh

Inpixon Announces Pricing of $10.0 Million Registered Direct Offering Priced At-The-Market

November 25, 2020 5:16 PM EST

PALO ALTO, Calif., Nov. 25, 2020 /PRNewswire/ -- Inpixon (Nasdaq: INPX), the Indoor Intelligence company, today announced that it has entered into a securities purchase agreement with an accredited institutional investor to purchase 8,000,000 shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 8,000,000 shares of common stock at a purchase price of $1.25 per share (or $1.249 per prefunded warrant) and accompanying warrant in a registered direct offering with a single institutional investor priced at-the-market under Nasdaq rules.  The warrants have an exercise price of $1.25 per... More