---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-010932"
form_type: "8-K/A"
ticker: null
cik: "0000837852"
company_name: "IDEANOMICS, INC."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:39:24.920411+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ideanomics closes Via Motors merger with $450M base value; issues ~137M shares + convertible preferred

## Summary
- Base Value set at $450M; Target Net Working Capital -$14.6M; Special Indemnity Escrow $23.4M.
- Closing consideration: 125.7M common shares, 1.16M Series C Preferred (convertible 20:1), plus 11.9M shares from equity plan.
- Earnout up to $180M in Series C Preferred through Dec 2027 tied to performance targets.
- Under SEPA, YA II PN advanced $4M for 31M Ideanomics common shares on Jan 26, 2023.
- First Amendment to Merger Agreement revised option/RSU conversion mechanics before closing.

## SEC filing metadata
- accession: 0001104659-23-010932
- form_type: 8-K/A
- cik: 0000837852
- company_name: IDEANOMICS, INC.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837852/000110465923010932/0001104659-23-010932-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837852/000110465923010932/tm235157d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-010932
- JSON: https://secwatch.observer/filing/0001104659-23-010932.json
- Plain text: https://secwatch.observer/filing/0001104659-23-010932.txt

## Key facts
- Governance Changes
  IDEANOMICS, INC.: Filed Certificate of Designation of Series C Convertible Preferred Stock with Nevada Secretary of State (effective 2023-01-31).
  - Change: charter amendment
  - Effective: 2023-01-31
  source text: In connection with the Merger, Parent filed Certificate of Designation of Series C Convertible Preferred Stock with the office of the Secretary of State of the State of Nevada.
  evidence_url: https://www.sec.gov/Archives/edgar/data/837852/000110465923010932/0001104659-23-010932-index.htm
- M&A Transactions
  IDEANOMICS, INC. completed an acquisition involving Via Motors International, Inc. (closed 2023-01-26).
  - Action: acquisition
  - Counterparty: Via Motors International, Inc.
  - Closing: 2023-01-26
  source text: On the Closing Date, in accordance with the terms and conditions of the Merger Agreement, Parent completed the Merger.
  evidence_url: https://www.sec.gov/Archives/edgar/data/837852/000110465923010932/0001104659-23-010932-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.