California-based indoor positioning and data analytics company Inpixon’s previously revealed equity subscription rights offering has been completed.
The participants in the offering are anticipated to be decreased pro-rata to the total offering size of 12,000 units.
Inpixon will secure gross proceeds of about $12.0 million from the rights offering.
The outcome of the rights offering and projection regarding gross proceeds are subject to completion and verification by Inpixon’s subscription agent.