Business Context and Reporting Period
This Form 8-K was filed by Inpixon (the "Company") on June 27, 2018. The report provides an update on the Company's capitalization structure as of that date.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on equity capitalization.
- Common Stock Outstanding: 34,245,967 shares (par value $0.001 per share).
- Series 4 Convertible Preferred Stock Outstanding: 3,281.033290 shares (par value $0.001 per share).
- Conversion Potential: The Preferred Stock is convertible into approximately 18,443,133 shares of Common Stock at the Reset Conversion Price.
Material Changes
The increase in the total number of Common Stock shares outstanding is attributed to the issuance of Common Stock resulting from the conversion of Preferred Stock.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the capitalization update.
Investor Verification Checklist
- Verify the exact number of shares issued upon conversion of the Series 4 Convertible Preferred Stock.
- Review the Certificate of Designation of Preferences, Rights and Limitations of Series 4 Convertible Preferred Stock (Exhibit 3.1 to the April 24, 2018 Form 8-K) to confirm the Reset Conversion Price.
- Confirm the total fully diluted share count including the potential conversion of the remaining Preferred Stock.