SEC Filing Summary: Inpixon (8-K)
Business Context and Reporting Period
This Form 8-K was filed by Inpixon on February 22, 2019, reporting "Other Events" under Item 8.01. The filing details the company's capital structure as of the report date. Note: The input metadata references "XTI Aerospace, Inc.", but the filing text explicitly identifies the registrant as "Inpixon".
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margins, debt, or liquidity figures. It focuses exclusively on equity and warrant counts.
Material Changes and Capital Structure
As of February 22, 2019, the company reported the following outstanding securities:
- Common Stock: 6,541,481 shares issued and outstanding.
- Series 4 Convertible Preferred Stock: 1 share, convertible into 202 shares of common stock.
- Series 5 Convertible Preferred Stock: 2,254 shares, convertible into approximately 676,877 shares of common stock (subject to rounding).
- Warrants: Warrants to purchase up to 1,758,300 shares of common stock were issued on January 15, 2019, in connection with a rights offering. These are exercisable at $3.33 per share.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the disclosure of the outstanding securities.
Investor Verification Checklist
- Verify the total potential dilution from the conversion of Series 4 and Series 5 Preferred Stock.
- Confirm the exercise status and expiration dates of the 1,758,300 warrants issued in January 2019.
- Review the terms of the rights offering referenced in the warrant issuance to understand the capital raise context.
- Clarify the discrepancy between the metadata company name (XTI Aerospace) and the filing registrant (Inpixon).