And beyond WIRED Magazine’s test ride, we plan to be running major test ride events and customer test ride events next year as well as part of our process for generating more reservations and converting them. This isn’t all of our awards. This is just some of them. We kind of didn’t want to crush too many onto the screen here, but you can check out some of our notable awards that we’re pretty excited to have won. And we’re really excited about the potential to become publicly traded. Motorcyclists are intensely passionate about riding. It’s like a religion for them. And for as long as motorcycles have existed, riders have dreamed of owning a piece of motorcycle history. But besides Harley-Davidson and Livewire, there really aren’t any publicly traded motorcycle companies to compare us to.
As a company so focused on building out the industry’s future, we think the dream of being part of our growth and success has finally arrived. By becoming a publicly traded company, we’re giving millions of people access, a chance to own a part of the future of motorcycling, and allowing their passion to have a voice that gets heard. So together, we get to make motorcycle history as we make two-wheel mobility cleaner, smarter, and safer for the world. And I’m really looking forward to sharing this journey with all of you as well. And with that, I’ll turn it back to Nadir. Thank you.
Nadir Ali: All right. Thanks, Jay. That was a great presentation, and I’m sure it’s very helpful for our shareholders to understand Damon’s vision and business plan. And now that you’ve seen and heard Jay and Damon’s incredible story and how real and impressive it is, you can see why we’re doing this transaction. Given the market cap challenges Inpixon has been facing, we needed to do something. We had to think outside the box, and that’s why we pursued this strategy of strategic transactions. Our goal with both the XTI and Damon transactions is to transform Inpixon and maximize shareholder value over time, which we believe these can achieve. So with that, I’ll hand it back to Alexandra to lead us through the Q&A discussion.
A – Alexandra Schilt: Thanks, Nadir. Like last quarter in our conference call announcement press release, we suggested interested parties submit their questions in advance. We’d like to address those questions for you now. Some questions were duplicative, so we did our best to reconcile those where possible. If you have any further questions after the call, please feel free to follow-up with investor relations, and we’ll be sure to respond as quickly as possible. Let’s start with some transaction related questions for Nadir. Nadir, why is Inpixon pursuing these transactions?
Nadir Ali: Yes. So I just touched on that. As I’ve mentioned on several occasions in the past, we don’t believe Inpixon is being properly reflected in the stock price or market cap and share that frustration with our shareholders. So we’ve expressed a goal of pursuing strategic transactions that we believe will maximize its value for our shareholders. In furtherance of this objective, earlier this year, we completed the spin-off of our enterprise apps business with KINS, and we believe these two additional transactions with XTI and Damon are meaningful for the company by allowing us to enter new markets with upside potential for two separate public companies that can impact our shareholders.
Alexandra Schilt: Thanks, Nadir. And our next question, will my Inpixon shares be automatically converted into shares of the new companies.
Nadir Ali: Yes. So just to clarify, Alexandra, we’re talking about two separate transactions, right? So Inpixon shareholders at the time of the closing of the XTI transaction will essentially become shareholders of XTI Aerospace as a result of that merger transaction. Our ticker will change to XTIA, our name will change to XTI Aerospace, XTI management will become management of XTI Aerospace, and the majority of our Board of Directors will be designees of XTI. Separately for the Grafiti spin-off transaction, our shareholders, as of a record date to be determined, will participate in the Grafiti distribution. These shareholders will be able to retain their Inpixon shares and also receive shares of Grafiti Holding. The proposed transaction with Damon and Grafiti Holding is anticipated to close following that spin-off and subject to the satisfaction of certain closing conditions which we touched upon earlier.
Alexandra Schilt: Thank you, Nadir. We are now going to shift to some Damon related questions. So, Jay, our first question is, how do you plan to service the bikes?
