Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (“EV”), has announced that it will conduct a conference call to discuss its 2022 third quarter financial results at 4:30 p.m. ET on Nov. 9, 2022. The company’s senior management team will deliver prepared remarks followed by a question-and-answer session. Interested parties should visit https://ibn.fm/mMYxY to access the webcast and join the call by dialing 877-407-3107 or 201-493-6796 (toll-free in the U.S. and Canada). A replay of the webcast and earnings materials will be available on the company’s investor relations website.
In addition, Ideanomics today announced that it has begun the spin-out process for its JUSTLY and Timios subsidiaries. “As part of our previously communicated strategic focus on the EV market, we have taken the decision to spin out the fintech businesses which do not support our EV businesses. This decision delivers back to the shareholders the true value of these businesses as they transition outside the Ideanomics family. We have received interest in the sale of these businesses but felt the optimal path was to spin them out of Ideanomics, the process for which will begin this year and extend into 2023. Communicating this as we begin the process allows the valued staff, customers and partners of these businesses to work together for their successful future outside of Ideanomics,” said Alf Poor, Ideanomics CEO. “Our shareholders can feel confident that Ideanomics is moving forward with 100% clarity of purpose, applying our people and capital towards offering the best overall value proposition in the EV space and, ultimately, winning more customers.”
About Ideanomics Inc.
Ideanomics is a global group with a simple mission: accelerating the commercial adoption of electric vehicles. By bringing together vehicles, charging and financing solutions under one roof, Ideanomics is the one-stop partner needed to simplify the transition to and operation of any EV fleet. For more information about the company, visit www.Ideanomics.com.
NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://ibn.fm/IDEX
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