- Ideanomics (NASDAQ:IDEX) acquired a 20% stake in e- motorcycles company-Energica Motor Company- for Euro 10,909,091 which is around $13.1 million.
- Energica is a Modena, Italy-based company that develops, assembles and distributes battery-powered supersport motorcycles.
- Energica will invite a representative of Ideanomics to attend meetings of Energica’s board of directors.
- Ideanomics shall have the right to participate in any equity financing by Energica
- IDEX stock -5.64% pre-market session
Energica Investor Presentation