Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
XTI Aerospace, Inc. entered into Warrant Inducement Letter Agreements with holders of Common Stock Purchase Warrants issued May 17, 2023 and reissued December 15, 2023 valued at Gross proceeds of $2,520,427.88 from exercise of 55,000,000 Existing Warrants at reduced exercise pr (effective 2023-12-15).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- holders of Common Stock Purchase Warrants issued May 17, 2023 and reissued December 15, 2023
- Value
- Gross proceeds of $2,520,427.88 from exercise of 55,000,000 Existing Warrants at reduced exercise pr
- Effective
- 2023-12-15
Exact text from the filing
On December 15, 2023, Inpixon (the “Company”) entered into warrant inducement letter agreements (the “Inducement Agreements”) with the holders (including their respective successors and assigns, the “Holders”) of the Common Stock Purchase Warrants issued by the Company on May 17, 2023 and reissued on December 15, 2023, as applicable (as amended on June 20, 2023, the “Existing Warrants”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
XTI Aerospace, Inc. entered into Engagement Agreement with Placement Agent with Joseph Gunnar & Co., LLC valued at Cash fee of 5.5% of aggregate gross proceeds from warrant exercise; expense reimbursement up to $25, (effective 2023-12-13).
- Action
- entry
- Counterparty
- Joseph Gunnar & Co., LLC
- Value
- Cash fee of 5.5% of aggregate gross proceeds from warrant exercise; expense reimbursement up to $25,
- Effective
- 2023-12-13
Exact text from the filing
The Company engaged Joseph Gunnar & Co., LLC as the exclusive placement agent (the “Placement Agent”) in connection with the Inducement Agreements pursuant to an engagement agreement, dated December 13, 2023, by and between the Company and the Placement Agent, and agreed to pay the Placement Agent a cash fee equal to 5.5% of the aggregate gross proceeds received from the Holders’ exercise of their Existing Warrants in the Warrant Exercise and to reimburse the Placement Agent up to $25,000 for expenses (inclusive of legal fees) in connection therewith.
View on SEC.gov