Inpixon (INPX) Provides Business Update, Reaffirms Positive Outlook for 2020
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Inpixon Provides Business Update and Reaffirms Positive Outlook for 2020
January 13, 2020 9:30 AM ESTPALO ALTO, Calif. and TORONTO, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Inpixon (Nasdaq: INPX), a leading indoor data company that specializes in delivering indoor intelligence, today provided a business update regarding recent activity in the stock following the reverse split and reaffirmed the Companys positive outlook for 2020.Â
Nadir Ali, CEO of Inpixon, commented, On November 15, 2019, our shareholders approved a reverse split in order to allow the Company to regain compliance with Nasdaqs $1.00 minimum bid price requirement. As communicated during our third quarter earnings call, we determined not to immediately proceed with the reverse... More
