Ideanomics, Inc.
NASDAQ Capital MarketCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Alfred P. Poor
- Full Time Employees
- 295
- Sector
- Industrials
- Industry
- Agricultural - Machinery
- Address
- 1441 Broadway New York City NY United States of America 10018
- IPO Date
- May 23, 2007
- CIK
- 0000837852
- Website
- ideanomics.com
- Similar Companies
- Business
- Ideanomics, Inc. (IDEX) operates as a global electric vehicle and clean-mobility technology company focused on accelerating the commercial adoption of electric vehicles through end-to-end solutions for fleet operators, including procurement, financing, charging infrastructure, and energy management. The company offers core products and services via its portfolio of subsidiaries and brands, such as wireless inductive charging systems from WAVE Charging for medium- and heavy-duty EVs; electric commercial vehicles and advanced drive technology from VIA Motors; electric tractors from Solectrac; electric powertrain and fuel-cell systems from US Hybrid; and high-performance electric motorcycles from Energica. Ideanomics Mobility serves as the primary business unit providing these integrated electrification solutions across industries including ports, logistics, transit, agriculture, and warehousing, while Ideanomics Capital supports fintech services for EV adoption; operations span the United States and Europe with headquarters in New York City, New York, where the company traces its origins to 2004. In recent major developments, Ideanomics and several subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code on December 4, 2024, in the U.S. Bankruptcy Court for the District of Delaware, primarily to facilitate the sale of substantially all assets amid over $30 million in debt and limited cash reserves. The company entered into an asset purchase agreement with Tillou Management and Consulting LLC as the stalking horse bidder, securing debtor-in-possession financing including up to $11.6 million in new money and rolled-up prepetition obligations to support operations during the process; the sale of WAVE Charging assets and others was authorized by court order on February 26, 2025, and completed in March 2025 via a Section 363 auction, with no proceeds distributed to shareholders after settling obligations. Consequent to the asset sale, key executives including Executive Chairman Shane McMahon and CFO Ryan Jenkins departed, leaving CEO Alfred P. Poor to manage wind-down operations under a transition services agreement.
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