IDEX is already up for about 56% in 2021. They close a deal to acquire Wireless Advanced Vehicle Electrification, a provider of inductive charging solutions for medium- and heavy-duty electric vehicle. It's a high-risk stock, but looking at the EV market, it will only grow in the coming years. https://zyne.com/stock/IDEX
Thanks Darwin good points Fyi, NEWS - Ideanomics Completes the Acquisition of Cash Flow Positive Timios Holdings Corp. NEW YORK, Jan. 11, 2021 -- Ideanomics (NASDAQ: IDEX) announced that it has completed its previously announced acquisition of privately held Timios Holdings Corp. ("Timios"), a nationwide title and settlement solutions provider. CEO Raymond B. Davison and President Joseph Montag will continue to lead Timios, and the company will retain its current leadership, personnel, branding, and culture and operate as an entity within the Ideanomics Capital division. Timios currently has 285 employees and operations in 44 states, and has booked over $60 million in YTD revenues, including over $8 million in October 2020. Timios combines difficult to obtain licenses, a knowledgeable and experienced team, and a scalable solutions platform to deliver best-in-class service through both centralized processing and a localized branch network. Timios has introduced significant product and service level improvements, becoming an innovator in the real estate title and escrow services industries - markets poised for technology disruption. Ideanomics will assist Timios in scaling its business in various ways, including referring client acquisition and product innovation. November 12, 2020 News Link - https://investors.ideanomics.com/20...ive-Agreement-to-Acquire-Timios-Holdings-Corp https://www.timios.com/ https://ideanomics.com/
GM debuts all-electric van in battle to capture 'last mile' e-commerce deliveries FedEx has already placed "a large order" for the electric trucks, after a test showed they resulted in a 25 percent increase in productivity, GM said. Demand is growing for all-electric models, according to Alf Poor, CEO of Ideanomics. (Nasdaq-IDEX) That adoption is expected to happen rather rapidly, Poor and other experts believe. One reason is the pressure fleet operators are facing under new regulations. California, for example, has laid out a plan for phasing out the use of internal combustion power in all trucking segments over the coming decade. But there’s another motivating factor. Until recently, electric drive technology was considered too expensive or limited in range, but upgrades have made it much more appealing. Despite a higher up-front price tag, operating costs are a fraction of conventional vehicles, said Poor, so electric trucks “just make sense because there’s almost an immediate return on investment.” https://www.nbcnews.com/business/au...ctric-van-battle-capture-last-mile-e-n1253883
$IDEX - Prepares to Launch Medici Motor Works in North America, Sponsorship in NACFE NACFE sponsors represent a broad range of EV-related stakeholders from manufacturers, OEMs, fleet operators, energy companies, utilities, government and non-government agencies. NEW YORK, -- Ideanomics (NASDAQ: IDEX) announced its sponsorship in the North American Council for Freight Efficiency (NACFE). As Ideanomics prepares to launch its heavy truck and specialty electric vehicle unit, Medici Motor Works, in North America in 2021, it was imperative that the Company work with stakeholders and advocacy groups to understand the opportunities unique to the region. NACFE is an unbiased, non-profit, organization that works with major stakeholders across North America's freight industry. It works with fleet operators, manufacturers, shippers, software providers, governments, associations, etc., and its mission is to double freight efficiency and progress towards zero-emissions. NACFE conducts studies and uses data analysis to drive the development and adoption of efficiency-enhancing, environmentally beneficial, and cost-effective technologies, services, and methodologies. "NACFE takes a holistic approach to electric vehicle (EV) adoption and brings together important and influential companies in the freight industry," said Ideanomics CEO Alf Poor. "Our participation in NACFE will enable us to better understand the North American market at both a local and national level and, with this knowledge, improve the development and growth of our businesses in the EV space, which includes our MEG division, Medici Motor Works, and WAVE."
NEWS - Ideanomics Announces MEG December and Q4 Sales Activity https://investors.ideanomics.com/2021-01-15-Ideanomics-Announces-MEG-December-and-Q4-Sales-Activity
USA Wireless Charging Specialist WAVE https://chargedevs.com/newswire/ideanomics-acquires-wireless-charging-specialist-wave/
$IDEX - Ideanomics Charges into 2021 with EV Sales and Acquisitions in Both Divisions https://investorintel.com/markets/c...-ev-sales-and-acquisitions-in-both-divisions/
The EV Revolution Continues in 2021 $IDEX Ideanomics Mobility Division - The Multi-Billion Dollar Global Commercial EV Opportunity
$IDEX - Electric Vehicle Industry Expected to 'Ramp-up' in 2021 https://cheddar.com/media/electric-vehicles-industry-future-2021
$IDEX - - Ideanomics Invests $15M in Luxury Sport Car EV Maker Silk EV - SEC Form 8 K Filing Investment in Silk EV Cayman LP On January 28, 2021, Ideanomics, Inc. (“Ideanomics”) entered into a convertible promissory note (the “SilkEV Note”) with SilkEV Cayman LP (“SilkEV”) pursuant to which Ideanomics invested $15,000,000. The Note will accrue 6% interest and is due and payable upon request by Ideanomics on January 28, 2022 (the “Maturity Date”). SilkEV is a US/Italian automotive engineering and design services company, primarily engaged in the design, development and production services for fully electric premium, high luxury, and hypercars.
$IDEX - Ideanomics Acquires US Wireless EV Charging Specialist WAVE https://chargedevs.com/newswire/ideanomics-acquires-wireless-charging-specialist-wave/
$IDEX - Electric Vehicle Industry Expected to 'Ramp-up' in 2021 https://cheddar.com/media/electric-vehicles-industry-future-2021
Ideanomics (NASDAQ: IDEX) - RICH TV LIVE - FEBRUARY 2, 2021 - SENIOR VICE PRESIDENT OF INVESTOR RELATIONS TONY SKLAR
$IDEX - Why Ideanomics Stock Skyrocketed 94.5% in January https://www.fool.com/investing/2021/02/05/why-ideanomics-stock-skyrocketed-945-in-january/
fyi, Ideanomics has raised another $80M a total of $275,000,000 for acquisitions and investments 424B2 Form of prospectus filed in connection with primary offering of securities on a delayed basis PROSPECTUS SUPPLEMENT $80,000,000 Ideanomics, Inc. 4% Convertible Note Due 2021 Pursuant to this prospectus supplement and the accompanying prospectus, Ideanomics, Inc. (the “Company”, “we” or “us”) is offering $80,000,000 aggregate principal amount (the “Principal”) of our 4% convertible notes due 2021 (the “Note”) directly to YA II PN, Ltd. (the “Investor”) (and this prospectus supplement also relates to the shares of common stock that are issuable upon exercise of the Note) (the “Offering”). We will receive $80,000,000 from this Offering. The Note has a fixed conversion price of $4.95 (the “Conversion Price). The Conversion Price is not subject to adjustment except for subdivisions or combinations of common stock. The Principal and the interest payable under the Note will mature on August 8, 2021 (the “Maturity Date), unless earlier converted or redeemed by the Company. At any time before the Maturity Date, the Investor may convert the Note at their option into shares of our common stock at a fixed conversion price of $4.95. https://investors.ideanomics.com/sec-filings
