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INPX - Inpixon converts note receivable to equity in Ethereum mining company
Inpixon
Inpixon ([[INPX]] +3.7%) converted a note receivable due from Sysorex (SYSX) in a total amount of ~$9M into shares of Sysorex stock valued at ~$17M (incl. shares underlying rights to acquire Sysorex common stock)."While Inpixon has no plans to enter the crypto mining business, we look forward to capitalizing on what we believe is an attractive opportunity at the right time to maximize value for our shareholders," CEO Nadir Ali commented.