secwatch / observer
8-K filed February 1, 2023, 6:59 PM ET CIK 0000837852
M&A confidence high sentiment positive materiality 0.80

IDEANOMICS, INC.: M&A transaction — Ideanomics completes acquisition of VIA Motors for $450M base value plus potential $180M earnout

IDEANOMICS, INC.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

IDEANOMICS, INC. completed an acquisition involving Via Motors International, Inc. for Closing Consideration Shares consisting of shares of common stock and convertible preferred stock of Parent, plus potential Earnout Amount of $180,000,000 in Pa (closed 2023-01-26).

Action
acquisition
Counterparty
Via Motors International, Inc.
Consideration
Closing Consideration Shares consisting of shares of common stock and convertible preferred stock of Parent, plus potential Earnout Amount of $180,000,000 in Pa
Closing
2023-01-26
Exact text from the filing
the Effective Date. Following the consummation of the Merger, and as additional consideration in respect of the Common Stock, Parent agreed to pay an aggregate amount equal to $180,000,000 (“ Earnout Amount ”) in the form of Parent Convertible Preferred Stock, to the Stockholders on a pro rata basis. If the Earnout Amount is paid in the form of Parent Convertible
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

IDEANOMICS, INC. amended Amended and Restated Agreement and Plan of Merger with Via Motors International, Inc., Longboard Merger Corp., Shareholder Representative Services LLC valued at $450,000,000 (effective 2022-01-25).

Action
amendment
Agreement
merger
Counterparty
Via Motors International, Inc., Longboard Merger Corp., Shareholder Representative Services LLC
Value
$450,000,000
Effective
2022-01-25
Exact text from the filing
On January 25, 2022 (the “ Effective Date ”), the parties to the Original Agreement entered into an Amended and Restated Agreement and Plan of Merger (the “ Merger Agreement ”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-23-009345
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