$IDEX - Invests $15M in Luxury Sport Car EV Maker
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Posted On: 02/01/2021 10:31:50 AM
$IDEX - Invests $15M in Luxury Sport Car EV Maker Silk EV - SEC Form 8 K Filing
Investment in Silk EV Cayman LP
On January 28, 2021, Ideanomics, Inc. (“Ideanomics”) entered into a convertible promissory note (the “SilkEV Note”) with SilkEV Cayman LP (“SilkEV”) pursuant to which Ideanomics invested $15,000,000. The Note will accrue 6% interest and is due and payable upon request by Ideanomics on January 28, 2022 (the “Maturity Date”). SilkEV is a US/Italian automotive engineering and design services company, primarily engaged in the design, development and production services for fully electric premium, high luxury, and hypercars.
Investment in Silk EV Cayman LP
On January 28, 2021, Ideanomics, Inc. (“Ideanomics”) entered into a convertible promissory note (the “SilkEV Note”) with SilkEV Cayman LP (“SilkEV”) pursuant to which Ideanomics invested $15,000,000. The Note will accrue 6% interest and is due and payable upon request by Ideanomics on January 28, 2022 (the “Maturity Date”). SilkEV is a US/Italian automotive engineering and design services company, primarily engaged in the design, development and production services for fully electric premium, high luxury, and hypercars.
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