Business Context and Reporting Period
This Form 8-K is a current report filed by Inpixon (trading symbol: INPX) on September 6, 2019. The registrant is incorporated in Nevada and reports under the Securities Exchange Act of 1934. The filing addresses Item 8.01 (Other Events) regarding the company's capital structure as of the report date.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the count of outstanding equity securities and warrants.
Material Changes and Capital Structure
As of September 6, 2019, the company reported the following outstanding securities:
- Common Stock: 47,466,399 shares issued and outstanding.
- Series 4 Convertible Preferred Stock: 1 share outstanding, convertible into 202 shares of common stock.
- Series 5 Convertible Preferred Stock: 126 shares outstanding, convertible into 37,838 shares of common stock (subject to rounding).
- Series 6 Convertible Preferred Stock: All shares have been converted; no shares are outstanding.
- Warrants (Rights Offering): Warrants to purchase up to 112,800 shares of common stock, issued January 15, 2019, exercisable at $3.33 per share.
- Series A Warrants: Warrants to purchase up to 6,392,602 shares of common stock, exercisable at $0.2775 per share.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the update on share counts and warrant exercises.
Investor Verification Checklist
- Verify the total potential dilution from the 6,392,602 Series A warrants exercisable at $0.2775.
- Confirm the conversion status of Series 6 Preferred Stock to ensure no residual obligations exist.
- Review the terms of the Series 4 and Series 5 Preferred Stock to understand conversion triggers and potential impact on common share count.
- Check the expiration dates for the Series A warrants and the January 2019 rights offering warrants.