0000000000-23-000540.txt : 20230302 0000000000-23-000540.hdr.sgml : 20230302 20230119083003 ACCESSION NUMBER: 0000000000-23-000540 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20230119 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: IDEANOMICS, INC. CENTRAL INDEX KEY: 0000837852 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 201777837 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 1441 BROADWAY STREET 2: 5TH FLOOR, SUITE#5116 CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 212-206-1216 MAIL ADDRESS: STREET 1: 1441 BROADWAY STREET 2: 5TH FLOOR, SUITE#5116 CITY: NEW YORK STATE: NY ZIP: 10018 FORMER COMPANY: FORMER CONFORMED NAME: Seven Stars Cloud Group, Inc. DATE OF NAME CHANGE: 20170811 FORMER COMPANY: FORMER CONFORMED NAME: WECAST NETWORK, INC. DATE OF NAME CHANGE: 20161114 FORMER COMPANY: FORMER CONFORMED NAME: Wecast Network, Inc. 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Registration Statement on Form S-1 Filed December 23, 2022 File No. 333-269001 Dear Alfred Poor: We have limited our review of your registration statement to those issues we have addressed in our comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Registration Statement on Form S-1 Filed 12/23/2022 Cover Page 1. Please disclose that you have received a notice from Nasdaq indicating that the company was no longer in compliance with the audit committee requirements as set forth in Nasdaq Listing Rule 5605. Please provide an update on the status of this notice. Please also disclose the status of the notice of non-compliance with the Nasdaq requirements pertaining to the minimum bid price for listed stock pursuant to Nasdaq Listing Rule 5550(a)(2). Please also add risk factor disclosure related to potential delisting from the exchange. Alfred Poor FirstName LastNameAlfred Poor IDEANOMICS, INC. Comapany January 19,NameIDEANOMICS, 2023 INC. January Page 2 19, 2023 Page 2 FirstName LastName Status of Previously Announced Acquisitions, page 67 2. Please update disclosure regarding the VIA Motors transaction to accurately reflect the current status of the transaction. Executive Compensation, page 94 3. Please update disclosure to include compensation information for the year ended December 31, 2022. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. Please contact Eranga Dias at 202-551-8107 or Asia Timmons-Pierce at 202-551- 3754 with any other questions. Sincerely, Division of Corporation Finance Office of Manufacturing