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Claim Form 1 This Is Why Claim Form 1 Is So Famous!

NEW YORK, June 29, 2020 /PRNewswire/ — Ideanomics (NASDAQ: IDEX) (“Ideanomics” or the “Company”) today appear a acknowledgment to the contempo short-selling communications from J Basic and Hindenburg. According to their websites, these companies booty abbreviate positions in about traded companies again advertise absolute abrogating letters on these companies. “After appointment with our acknowledged counsel, we accept these communications, marketed as analysis are actionable or accept been banned in abounding countries, but abide to accomplish in the blah areas of banking authoritative law in the United States,” said Alf Poor, CEO of Ideanomics. Below are Ideanomics’ antecedent acknowledgment to the allegations appear in these reports:

claim form 1500
 CMS1500 Claim Forms (Version 02/12) - claim form 1500

CMS1500 Claim Forms (Version 02/12) – claim form 1500 | claim form 1500

Detailed documentary affidavit to abutment Ideanomics acknowledgment to these allegations can be beheld on the Company’s accumulated website at https://ideanomics.com/short-selling-activity/

The Aggregation will abide to accommodate added absolute it believes is appropriate to abnegate the claims fabricated by J Basic and Hindenburg and their sponsors.

Third-party Accomplice Quotes:

“Despite business disruption acquired by the efforts to accommodate COVID-19, we are afflicted with MEG’s and our collective venture’s progress,” said Chengyang Chairman Liang Yong Chun. “We are admiring to accept MEG as a accomplice and are agog about the ablaze approaching affairs for this collective venture.”

Beijing Silk Road Rainbow Accumulation General Manager, Mr. Wang Peng, stated, “We not alone active two affiliation agreements with MEG, but we accept an accomplished alive accord and are actively advancing for EV buses backup programs in three cities and authoritative abundant progress.”

The PetroChina Chairman Xu Xingxiang declared that, “We are aflame to assignment with MEG on activity sales and accept advantageous affairs to advance the nation on analysis bed efforts beyond several areas.”

About IdeanomicsIdeanomics is a all-around aggregation focused on facilitating the acceptance of bartering electric cartage and developing abutting bearing banking casework and Fintech products. Its electric agent division, Mobile Activity All-around (MEG) provides accumulation purchasing discounts on bartering electric vehicles, EV batteries and electricity as able-bodied as costs and charging solutions. Ideanomics Basic includes DBOT ATS and Intelligenta which accommodate avant-garde banking casework solutions powered by AI and blockchain. MEG and Ideanomics Basic accommodate our all-around barter and ally with bigger efficiencies and technologies and greater admission to all-around markets.

The aggregation is headquartered in New York, NY, and has offices in Beijing, Guangzhou and Qingdao, China.

Safe Harbor StatementThis columnist absolution contains assertive statements that may accommodate “forward attractive statements”. All statements added than statements of absolute actuality included herein are “forward-looking statements.” These advanced statements are generally articular by the use of advanced analogue such as “believes,” “expects” or agnate expressions, absorb accepted and alien risks and uncertainties, and accommodate statements apropos our ambition to alteration our business archetypal to become a next-generation banking technology company, our business action and planned artefact offerings, our ambition to appearance out our oil trading and customer electronics businesses, and abeyant approaching banking results. Although the Aggregation believes that the expectations reflected in such advanced statements are reasonable, they do absorb assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not abode disproportionate assurance on these advanced statements, which allege alone as of the date of this columnist release. The Company’s absolute after-effects could alter materially from those advancing in these advanced statements as a aftereffect of a array of risks and uncertainties, such as risks accompanying to: our adeptness to abide as a activity concern; our adeptness to accession added costs to accommodated our business requirements; the transformation of our business model; fluctuations in our operating results; ache to our cadre management, banking systems and added assets as we abound our business; our adeptness to allure and absorb key advisers and chief management; aggressive pressure; our all-embracing operations; and added risks and uncertainties appear beneath the sections advantaged “Risk Factors” and “Management’s Discussion and Analysis of Banking Condition and After-effects of Operations” in our best contempo Anatomy 10-K and Anatomy 10-Q filed with the Balance and Exchange Commission, and agnate disclosures in consecutive letters filed with the SEC, which are accessible on the SEC website at www.sec.gov. All advanced statements attributable to the Aggregation or bodies acting on its account are especially able in their absoluteness by these accident factors. Added than as appropriate beneath the balance laws, the Aggregation does not accept a assignment to amend these forward-looking statements.

Investor Relations and Media Contacts:

Tony Sklar, VP of Communications 55 Broadway, 19th Floor New York, New York 10006 Email: [email protected]

Valerie Christopherson / Lora Wilson All-around After-effects Comms (GRC) 1 949 306 6476 [email protected]

SOURCE Ideanomics

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Claim Form 1 This Is Why Claim Form 1 Is So Famous! – claim form 1500
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