Inpixon Advances Spin-Off Plans with Damon Motors Collaboration Showcased at CES 2024
In a significant move that spotlights the convergence of high-tech analytics and cutting-edge transportation, Inpixon INPX, a global leader in big data analytics and location-based services, has announced its ongoing strategic endeavors with Damon Motors. As Inpixon continues to progress with its objective to complete a planned spin-off and business combination concerning its subsidiary Grafiti Holding and Damon Motors, the synergy was brought into the limelight at the CES 2024 event where Damon Motors featured its HyperFighter Superbike, an exemplar of innovation in electric motorcycles.
Setting the Stage for Financial Milestones
Shareholders of Inpixon should mark their calendars as December 27, 2023, has been officially set as the record date in anticipation of the planned corporate events. This advancement is not only a strategic move by Inpixon to potentially unlock shareholder value through the distinct avenues of Grafiti Holding and Damon Motors, but it also positions the companies to capitalize on the burgeoning electric vehicle market.
The Ubiquitous Fusion of Data and Mobility
Inpixon, headquartered in the tech hub of Palo Alto, California, is renowned for its big data analytic capabilities which have far-reaching applications across various industries. In bringing this expertise to the transportation sector, especially through the partnership with Damon Motors, Inpixon is reinforcing its commitment to innovation. The showcasing of Damon Motors' HyperFighter Superbike at CES 2024 serves as a testament to the fusion of top-tier data analytics with the electric mobility sector, a combination that heralds a new era for smart transportation solutions.
Inpixon, DamonMotors, Spin-off