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New Deal


Announced

Inpixon UK to merge with Damon Motors in a $284m deal.

Financials

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Transaction Value£232m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Automobiles

Reverse Takeover

Pending

Single Bidder

Friendly

United Kingdom

electric motorcycles

Acquisition

Majority

Cross Border

Private

Merger

Spin Off

Synopsis

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Inpixon UK, a specialist in indoor mapping, positioning, security, and analytics for tracking and navigation, agreed to merge with Damon Motors, an electric motorcycle company, in a $284m deal. “You can’t be the future of anything if you’re not better than the past. It is necessary for us to target performance metrics as good or better than anything achieved before, otherwise we won’t see masses of people giving up their gas motorbikes for electric ones — people want to trade up in life,” Jay Giraud, Damon Founder and CEO.

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