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NetworkNewsAudio – Ideanomics (NASDAQ: IDEX) Signs Definitive Agreement to Acquire Leading Provider of Wireless Charging Systems for Commercial EVs

Company: Ideanomics (IDEX)
Category: News

Related Press Release
Ideanomics (NASDAQ: IDEX) announced it has signed a definitive agreement to acquire 100% of privately held Wireless Advanced Vehicle Electrification, Inc. (“WAVE”) for cash and stock consideration, the material terms of which are disclosed in the Company’s related 8-K filing. Roth Capital Partners acted as an advisor to WAVE on the transaction. The acquisition is subject to customary closing conditions.

To view the original press release, visit https://www.nnw.fm/TmFix

About Ideanomics

Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. Our Mobile Energy Global (MEG) division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under our innovative sales to financing to charging (S2F2C) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, MEG and Ideanomics Capital provide our global customers and partners with leading technologies and services designed to improve transparency, efficiency, and accountability, and our shareholders with the opportunity to participate in high-potential, growth industries.

The company is headquartered in New York, NY, with offices in Beijing, Hangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.

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