Ideanomics Begins EV Taxi Deliveries in Guilin, Gu
https://investors.ideanomics.com/...Accelerating-Clean-Transportation
"On February 26, 2021, Ideanomics, Inc. (the “Company”) entered into a Sales Agreement (the “Agreement”) with Roth Capital Partners, LLC (the “Agent”). In accordance with the terms of the Agreement, the Company may offer and sell from time to time through the Agent the Company’s common stock having an aggregate offering price of up to $150,000,000 (the “Placement Shares”). The Placement Shares will be offered and sold pursuant to the Company’s shelf registration statement on Form S-3 (Registration No. 333- 252230)."
https://app.quotemedia.com/data/...&companyName=Ideanomics%2C+Inc
Some think that a huge acquisition is in the works with this Roth funding.
~ $550M in total IDEX has raised in the past 6 months.
March 3, 2021, Ideanomics, Inc. entered into an Investment Agreement with Energica Motor Company S.P.A and invested Euro 10,909,091 for 6,128,703 ordinary shares of Energica at a subscription price of Euro 1.78 per share. Ideanomics will hold at least 20 % of Energica’s shares.
Energica is the world's leading manufacturer of high-performance electric motorcycles and the sole manufacturer of the FIM Enel MotoE World Cup.
https://www.energicamotor.com/
Pursuant to this prospectus supplement and the accompanying prospectus, Ideanomics, Inc. (the “Company”, “we” or “us”) is offering $65,000,000 aggregate principal amount (the “Principal”) of our 4% convertible notes due 2021 (the “Note”) directly to YA II PN, Ltd. (the “Investor”) (and this prospectus supplement also relates to the shares of common stock that are issuable upon exercise of the Note) (the “Offering”). We will receive $65,000,000 from this Offering.
The Note has a fixed conversion price of $4.12 (the “Conversion Price). The Conversion Price is not subject to adjustment except for subdivisions or combinations of common stock. The Principal and the interest payable under the Note will mature on July 28, 2021 (the “Maturity Date), unless earlier converted or redeemed by the Company.
At any time before the Maturity Date, the Investor may convert the Note at their option into shares of our common stock at a fixed conversion price of $4.12.
https://www.sec.gov/Archives/edgar/data/837852/...m214480d1_424b2.htm
https://investors.ideanomics.com/...le-Company-Energica-Motor-Company
https://www.indeed.com/q-Timios-jobs.html
https://investors.ideanomics.com/...t-to-Acquire-Timios-Holdings-Corp
§
https://www.timios.com/
Recently,
SEC Filings Roth Capital Partners to Raise $150M.
"On February 26, 2021, Ideanomics, Inc. (the “Company”) entered into a Sales Agreement (the “Agreement”) with Roth Capital Partners, LLC (the “Agent”). In accordance with the terms of the Agreement, the Company may offer and sell from time to time through the Agent the Company’s common stock having an aggregate offering price of up to $150,000,000 (the “Placement Shares”). The Placement Shares will be offered and sold pursuant to the Company’s shelf registration statement on Form S-3 (Registration No. 333- 252230)."
https://app.quotemedia.com/data/...&companyName=Ideanomics%2C+Inc
New cost and performance analysis by Berkeley Lab argues that policies are needed to spur widespread adoption of electric long-haul trucks
https://newscenter.lbl.gov/2021/03/16/...trification-is-within-reach/
https://www.youtube.com/watch?v=V0g6RJ3m5Ik
- Ideanomics acquires a 20% stake in Energica Motor Company, a leading manufacturer of high performance electric motorcycles
Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce it has acquired 20% of Italian Energica Motor Company S.p.A. (Energica) for the consideration of $13.2 million.
https://investors.ideanomics.com/...le-Company-Energica-Motor-Company
“Fitch believes IDEX's results will begin to recover in 2021, with sales growth of 7-8 per cent and some margin expansion, and that there is upside to IDEX's margins over time from operating leverage and as the company closely manages its expenses.”
https://capital.com/ideanomics-idex-stock-forecast-2021-2025
https://www.besthotstocks.com/...-first-e-scooters-arrive-in-the-usa/
NEW YORK, March 31, 2021 – Ideanomics Inc. (NASDAQ:IDEX) reported its full-year 2020 earnings results with $26.8M in overall revenue and $19.5M in EV revenue, up more than 600% on the prior year.
The 2020 revenue includes the company's first sales of charging and battery systems. IDEX expects charging system revenues to grow as the WAVE inductive charging business acquired in January starts showing up in financials this quarter.
"We are very pleased with the transformation that took place this past year," says CEO Alf Poor. "Despite a year highlighted by COVID-19, we were able to build the groundwork for 2021 and beyond for Ideanomics and we are excited for what the future holds with our recent activity across the EV ecosystem and developments in EV charging infrastructure."
Selected Business Updates and Highlights
•§MEG Announces Purchase Agreement for 2,000 Units of D1, BYD's Custom Electric Ride-hailing Vehicle in December 2020
•§Acquired cash flow positive Timios Holding Corp. in January 2021
•§Invested in leading electric tractor company Solectrac in October 2020
•§Bolstered Cash position to $166M as of December 31, 2020
About Ideanomics
Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. Our Ideanomics Mobility division is a service provider which facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under our innovative sales to financing to charging (S2F2C) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide our global customers and partners with leading technologies and services designed to improve transparency, efficiency, and accountability, and our shareholders with the opportunity to participate in high-potential, growth industries.
The company is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.
https://ideanomics.com
https://investors.ideanomics.com/...sten-Helsel-Chief-Revenue-Officer
Video Presentation - March 2021
https://www.youtube.com/watch?v=GvZSwwUKvpQ
https://investors.ideanomics.com/...200-000-E-Motorbikes-To-Indonesia
Solutions that Shape the Future of E-mobility and Fintech
https://youtu.be/LrCgF2O6NV0
Ideanomics' inductive charging solutions provider "WAVE" has sales traction for design simplicity and safety and eliminates range concerns. WAVE has deployed ~60 charging units to date, ranging from 50 kW to 250 kW. Pads are placed along bus or commercial vehicle's route, providing in-service charging while vehicles load and unload. Availability of WAVE charging on Medici vehicles likely lifts sales prospects for both parties. WAVE generated $7m in revenue in 2020, and we model growth to $85m in 2025.
Ideanomics Acquires Utah-based Wireless Charging Provider WAVE
https://investors.ideanomics.com/...d-Wireless-Charging-Provider-WAVE
Source: Roth Capital Partners - Equity Research - April 14, 2021 - Mr. Craig Irwin, Managing Director, Senior Research Analyst at Roth Capital Partners
https://investors.ideanomics.com/...cquire-California-based-US-Hybrid
Revenue for the quarter ended March 31, 2021, was $32.7 million and gross profit of $10.8 million.
First revenues from WAVE - Ideanomics' inductive charging business and from Timios, our Title and escrow services company - both businesses were acquired in January 2021
$356 million cash at quarter end providing a deep pool of capital for investment in our Ideanomics Mobility & Capital business units
Selected Business Updates and Highlights
Acquired Wireless Charging Provider WAVE
Acquired title & escrow services company Timios
Announced Sponsorship in NACFE and membership in CALSTART
Timios Expands retail purchasing business
Solectrac expands Tractor reservation campaign
Invests in Italian Electric Motorcycle Company Energica
Timios generates record high revenue for the quarter
Bolstered Cash position to $356 million as of March 31, 2021
https://investors.ideanomics.com/...Reports-Q1-2021-Financial-Results
Ideanomics Acquires 100% of U.S. EV Tractor Maker Solectrac
https://solectrac.com/
US Hybrid Receives Order for a Fleet of all-Electric Street Sweepers
"Cleans Up the Air and Cleans Up the Streets"
https://ushybrid.com/
Ideanomics Acquires 100% of U.S. EV Tractor Maker Solectrac
https://solectrac.com/
US Hybrid Receives Order for a Fleet of all-Electric Street Sweepers
"Cleans Up the Air and Cleans Up the Streets"
https://ushybrid.com/