Inpixon (NASDAQ:INPX) Q4 2022 Earnings Call Transcript

Nadir Ali : Yes. Good question. Look, we are working diligently on various opportunities that we believe will provide value for our shareholders. We believe this has been apparent with the CXApp transaction. And as I just talked about, we have a second LOI in place with respect to our RTLS business. So we are looking at ways to create shareholder value through these transactions and executing on our business. And as far as shorting our stock, I’ve reached out to counsel, advisers and a couple of CEOs who’ve commented on this issue publicly to better understand what they’re doing to address this challenge. So we’re thinking through and working on that. Keep in mind, there are limited options to combat illegal and naked shorting, and this is an area that regulators are also challenged with, but we are looking at it and talking to folks.

Alexandra Schilt: Thank you. Our next question, do any senior management team members intend to resign as a result of the transaction?

Nadir Ali : Yes. I feel it’s important to keep the management team intact as we progress through this major inflection point in the company following the CXApp transaction and in pursuing other opportunities for the remainder of our business. So to the extent we are able to come to definitive terms and close on a second transaction for the remainder of our business, we don’t expect that all of our senior management team will be staying. But for now, our core senior management is essential to ensure successful execution and completion of our business plan on these transactions.

Alexandra Schilt: All right. Thank you, Nadir. That does conclude the Q&A. I’ll turn it back to you for the close.

Nadir Ali : All right. Thanks, Ale. And thank you all for joining today. As always, we appreciate the support of all of our shareholders and look forward to providing more updates in the near future. Thank you, and take care, everyone.

Operator: Thank you. This does conclude today’s conference, and you may disconnect your lines at this time, and we thank you for your participation.