Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
XTI Aerospace, Inc. completed a disposition involving Grafiti Holding Inc. (closed 2023-12-27).
- Action
- disposition
- Counterparty
- Grafiti Holding Inc.
- Closing
- 2023-12-27
Exact text from the filing
istribution Agreement (the “Separation Agreement”) with Grafiti Holding Inc., a British Columbia corporation and subsidiary of the Company (“Grafiti”), pursuant to which the Company was to complete a Reorganization (as defined below) and then distribute
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
XTI Aerospace, Inc. amended Amendment No. 2 to Equity Distribution Agreement with Maxim Group LLC valued at Extension of term to earliest of December 31, 2024, sale of shares equal to Offering Size, or termin (effective 2023-12-29).
- Action
- amendment
- Agreement
- equity purchase
- Counterparty
- Maxim Group LLC
- Value
- Extension of term to earliest of December 31, 2024, sale of shares equal to Offering Size, or termin
- Effective
- 2023-12-29
Exact text from the filing
On December 29, 2023, Inpixon (the “Company,” “we,” “us,” and “our”) entered into Amendment No. 2 to Equity Distribution Agreement (“Amendment 2”) with Maxim Group LLC (“Maxim”), amending the Equity Distribution Agreement, dated as of July 22, 2022, between the Company and Maxim (the “Original Agreement”), as amended by Amendment No. 1 to the Original Agreement, dated as of June 13, 2023, between the Company and Maxim (“Amendment 1” and, together with the Original Agreement and Amendment 2, the “Equity Distribution Agreement”), pursuant to which the parties extended the term of the Equity Distribution Agreement until the earliest of (i) December 31, 2024, (ii) the sale of shares of the Company’s common stock, par value $0.001 per share (“Common Stock”), having an aggregate offering price equal to the Offering Size (as defined in the Equity Distribution Agreement), and (iii) the termination by either Maxim or the Company upon the provision of 15 days written notice or otherwise pursuant
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
XTI Aerospace, Inc. entered into Liquidating Trust Agreement with Grafiti Holding Inc. valued at Trust to hold Grafiti Common Shares for Participating Securityholders until Registration Statement e (effective 2023-12-27).
- Action
- entry
- Counterparty
- Grafiti Holding Inc.
- Value
- Trust to hold Grafiti Common Shares for Participating Securityholders until Registration Statement e
- Effective
- 2023-12-27
Exact text from the filing
On December 27, 2023, the Company entered into a Liquidating Trust Agreement (the “Liquidating Trust Agreement”) by and among the Company, Grafiti and the sole original trustee named therein, who is a current employee of the Company (collectively with any additional trustees duly appointed under the Liquidating Trust Agreement from time to time, the “Trustees”).
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