Current Report Filing (8-k)
July 30 2021 - 5:18PM
Edgar (US Regulatory)
0000837852
false
0000837852
2021-07-26
2021-07-26
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 26, 2021
IDEANOMICS, INC.
(Exact name of registrant as specified
in its charter)
Nevada
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20-1778374
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(State or other jurisdiction
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(IRS Employer
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of incorporation)
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Identification No.)
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001-35561
(Commission File Number)
1441 Broadway, Suite 5116, New York, NY 10018
(Address of principal executive offices)
(Zip Code)
212-206-1216
(Registrant’s telephone number, including
area code)
(Former name or former address, if changed
since last report.)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
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¨
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading symbol(s)
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Name of each exchange on which registered
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Common stock, $0.001 par value per share
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IDEX
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The
Nasdaq Stock Market
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Item 1.01
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Entry into a Material Definitive Agreement
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On July 26, 2021, Ideanomics, Inc. (the “Company”)
entered into a a subscription agreement (the “Agreement”) to invest $25,000,000 (the “Investment”) in the Minority
Depository Institution Keepers Fund (the “MDI Fund”) over a period of three years. The MDI Fund sponsored by the National
Bankers’ Association, an organization of minority-owned banks that aim to increase inclusivity in the financial services industry.
The MDI Fund will provide capital resources primarily in low and moderate income areas to grow a more skilled workforce, increase employment
opportunities, and support businesses’ growth among minority and underserved communities.
The foregoing description
of the Agreement is qualified in its entirety by reference to the full text of the Agreement, a copy of which will be filed in a future
Form 10-Q as required.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Ideanomics, Inc.
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Date: July 30, 2021
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By:
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/s/ Alfred Poor
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Alfred Poor
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Chief Executive Officer
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