IDEANOMICS, INC.: M&A transaction — Ideanomics completes sale of substantially all assets in Chapter 11; no proceeds to shareholders

IDEANOMICS, INC.

Sale to Tillou Management and Consulting LLC closed March 7, 2025 under Section 363 of Bankruptcy Code.
No proceeds expected for shareholders; proceeds used to repay DIP credit agreement.
Shane McMahon resigned as Director and Executive Chairman; CFO Ryan Jenkins terminated.
Remaining business to be wound down under CEO Alfred P. Poor via transition services agreement.

item 2.01 item 3.03 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Shane McMahon

Director and Executive Chairman

IDEANOMICS, INC.

Effective: 2025-03-07
Filed: March 13, 2025, 7:59 PM ET

On March 7, 2025, effective upon consummation of the Sale and transfer of the Company’s business to Purchaser, Shane McMahon resigned as a Director and Executive Chairman of the Board of the Company.

Departed

Ryan Jenkins

Chief Financial Officer

IDEANOMICS, INC.

Effective: 2025-03-07
Filed: March 13, 2025, 7:59 PM ET

On March 7, 2025, effective upon consummation of the Sale and the transfer of the Company’s business to Purchaser, the Company terminated the employment of Ryan Jenkins, Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Shane McMahon resigned as Director and Executive Chairman at IDEANOMICS, INC..

Action: resigned
Role: Director and Executive Chairman

Exact text from the filing

On March 7, 2025, effective upon consummation of the Sale and transfer of the Company’s business to Purchaser, Shane McMahon resigned as a Director and Executive Chairman of the Board of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan Jenkins was terminated as Chief Financial Officer at IDEANOMICS, INC..

Action: terminated
Role: Chief Financial Officer

Exact text from the filing

On March 7, 2025, effective upon consummation of the Sale and the transfer of the Company’s business to Purchaser, the Company terminated the employment of Ryan Jenkins, Chief Financial Officer.

View on SEC.gov

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

IDEANOMICS, INC. completed a disposition involving Tillou Management and Consulting LLC (closed 2025-03-07).

Action: disposition
Counterparty: Tillou Management and Consulting LLC
Closing: 2025-03-07

Exact text from the filing

On March 7, 2025, Sellers consummated the transactions contemplated by the APA, thereby completing the disposition of substantially all of the Debtors' assets.

View on SEC.gov

28 m&a transactions filed in the last 30 days. Browse all m&a transactions →

Source: SEC EDGAR

accession 0001628280-25-012638

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