---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-035715"
form_type: "8-K"
ticker: null
cik: "0000837852"
company_name: "IDEANOMICS, INC."
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:50:38.388382+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ideanomics issues $2M promissory note to Tillou Management, entity controlled by Vince McMahon

## Summary
- March 19, 2023: Ideanomics issued a $2,000,000 promissory note to Tillou Management and Consulting LLC, controlled by Vince McMahon.
- Note bears 20% annual interest, payable on demand after April 20, 2023; overdue amounts incur additional 2% interest.
- As collateral, Ideanomics pledged a purchase obligation from YA II PN, Ltd. under a Standby Equity Purchase Agreement.
- Alfred P. Poor, CEO, signed the note; related party transaction due to Shane McMahon's father controlling Tillou.

## SEC filing metadata
- accession: 0001104659-23-035715
- form_type: 8-K
- cik: 0000837852
- company_name: IDEANOMICS, INC.
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/837852/000110465923035715/0001104659-23-035715-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/837852/000110465923035715/tm2310226d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-035715
- JSON: https://secwatch.observer/filing/0001104659-23-035715.json
- Plain text: https://secwatch.observer/filing/0001104659-23-035715.txt

## Key facts
- Debt Financings
  IDEANOMICS, INC. incurred loan of $2,000,000 with Tillou Management and Consulting LLC at 20% per annum maturing on demand any time after April 20, 2023.
  - Instrument: loan
  - Principal: $2,000,000
  - Counterparty: Tillou Management and Consulting LLC
  - Rate: 20% per annum
  - Maturity: on demand any time after April 20, 2023
  - Event: incurrence
  source text: Promissory Note Effective on March 19, 2023 (the “ Effective Date ”), Ideanomics, Inc. (the “ Company ”) issued a promissory note (the “ Note ”) to Tillou Management and Consulting LLC, a New Jersey limited liability company (the “ Noteholder ” or “ Tillou ”), an entity controlled by Vince McMahon, the father of our Executive Chairman Shane McMahon, in the principal amount of $2,000,000 (the “ Loan ”). The Company agreed to pay the aggregate unpaid principal amount of the Loan, all accrued and unpaid interest, and all other amounts payable under the Note on demand any time after April 20, 2023. The principal amount outstanding under the Note bears interest at a rate of 20% per annum (the “ Interest Rate ”). If any amount payable under the Note is not paid when due, such overdue amount shall bear interest at the Interest Rate plus 2%. The Company may prepay the Loan in whole or in part at any time or from time to time without penalty or premium by paying the principal amount to be prepa
  evidence_url: https://www.sec.gov/Archives/edgar/data/837852/000110465923035715/0001104659-23-035715-index.htm
- Material Agreements
  IDEANOMICS, INC. entered into Promissory Note with Tillou Management and Consulting LLC valued at $2,000,000 (effective 2023-03-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Tillou Management and Consulting LLC
  - Value: $2,000,000
  - Effective: 2023-03-19
  source text: Promissory Note Effective on March 19, 2023 (the “ Effective Date ”), Ideanomics, Inc. (the “ Company ”) issued a promissory note (the “ Note ”) to Tillou Management and Consulting LLC, a New Jersey limited liability company (the “ Noteholder ” or “ Tillou ”), an entity controlled by Vince McMahon, the father of our Executive Chairman Shane McMahon, in the principal amount of $2,000,000 (the “ Loan ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/837852/000110465923035715/0001104659-23-035715-index.htm
- Material Agreements
  IDEANOMICS, INC. entered into Pledge Agreement with Tillou Management and Consulting LLC valued at Collateral for $2,000,000 note (effective 2023-03-19).
  - Action: entry
  - Counterparty: Tillou Management and Consulting LLC
  - Value: Collateral for $2,000,000 note
  - Effective: 2023-03-19
  source text: Pledge Agreement Pursuant to a Pledge Agreement between the Company and Tillou, dated as of the Effective Date, as collateral for the Company’s obligations under the Note, the Company granted to the Noteholder a security interest in a purchase obligation of YA II PN, Ltd., under the Amended and Restated Standby Equity Purchase Agreement between the Company and YA II PN, Ltd..
  evidence_url: https://www.sec.gov/Archives/edgar/data/837852/000110465923035715/0001104659-23-035715-index.htm

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