PALO ALTO, Calif., Oct. 6, 2022 /PRNewswire/ -- Inpixon® (Nasdaq:INPX) ("Inpixon" or the "Company"), the Indoor Intelligence® company, today announced that the Company's Board of Directors has approved a consolidation of the Company's common stock whereby every seventy-five (75) shares of its outstanding common stock will automatically be combined into one (1) share of common stock. The reverse stock split is being implemented for the purpose of complying with applicable Nasdaq Listing Rules, including the closing bid price requirement and such other minimum bid price rules to the extent they may be applicable, in connection with future strategic transactions.
Read more at prnewswire.comInpixon Announces Share Consolidation for NASDAQ Compliance and to Support Strategic Transactions
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