Inpixon (INPX) Prices Share and Warrant Direct ATM Offering at $5.85

Inpixon® (NASDAQ: INPX) announced that it has entered into a securities purchase agreement with a single institutional investor to purchase approximately $15.0 million of its shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase common stock in a registered direct offering priced at-the-market under Nasdaq rules. The combined purchase price for one share of common stock and associated warrants will be $5.85 and the combined purchase price for the pre-funded warrants and associated warrants will be $5.849. Under the terms of the securities purchase agreement, Inpixon has agreed to sell 2,564,102 shares of common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to an aggregate of 3,846,153 shares of common stock. The pre-funded warrants will be immediately exercisable at a nominal exercise price of $0.001 per share and may be exercised at any time until all of the pre-funded warrants are exercised in full. The warrants will be immediately exercisable, will expire five years from the date of issuance and will have an exercise price of $5.85 per share of common stock.

The offering is expected to close on or about October 20, 2022, subject to the satisfaction of customary closing conditions.

Maxim Group LLC is acting as the sole placement agent in connection with the offering.

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