• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13D/A filed by Ideanomics, Inc. (Amendment)

    12/29/21 5:05:47 PM ET
    $IDEX
    Auto Manufacturing
    Consumer Discretionary
    Get the next $IDEX alert in real time by email
    SC 13D/A 1 tm2136415d1_sc13da.htm SC 13D/A

     

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

     

    SCHEDULE 13D

     

    Under the Securities Exchange Act of 1934

    (Amendment No. 3)*

     

    Ideanomics, Inc.
    (Name of Issuer)
     
    Common Stock, par value $0.001 per share
    (Title of Class of Securities)
     
    98741R108
    (CUSIP Number)
     

    Managing Attorney Office

    Arnold & Porter Kaye Scholer LLP

    250 West 55th Street

    New York, NY 10019

    [email protected]

    212.836.8000

    (Name, Address and Telephone Number of Person
    Authorized to Receive Notices and Communications)
     
    December 29, 2021
    (Date of Event which Requires Filing of this Statement)

     

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨

     

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

     

    *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     

     

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Bruno Wu
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP


    (a)    ¨
    (b)    x

     

    3

    SEC USE ONLY

     

    4

    SOURCE OF FUNDS


    PF

    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    United States
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    36,071,565 shares of common stock (including 933,333 shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)

    9 SOLE DISPOSITIVE POWER

    N/A
    10 SHARED DISPOSITIVE POWER

    36,071,565 shares of common stock (including 933,333 shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    36,071,565 shares of common stock (including 933,333 shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    7.2%1
    14

    TYPE OF REPORTING PERSON

     

    IN

             

    1 Based on the sum of: (i) 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible into 933,333 shares of common stock).

     

    2

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Lan Yang
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    
    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    PF
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    People’s Republic of China (“PRC”)
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    36,071,565 shares of common stock (including 933,333 shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)

    9 SOLE DISPOSITIVE POWER

    N/A
    10 SHARED DISPOSITIVE POWER

    36,071,565 shares of common stock (including 933,333 shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    36,071,565 shares of common stock (including 933,333 shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    7.2%1
    14

    TYPE OF REPORTING PERSON

    IN

             

    1 Based on the sum of: (i) 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible into 933,333 shares of common stock).

     

    3

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Sun Seven Stars Trust
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    
    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    AF
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    Delaware
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    20,999,416 shares of common stock

    9 SOLE DISPOSITIVE POWER

    N/A
    10

    SHARED DISPOSITIVE POWER

    20,999,416 shares of common stock

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    20,999,416 shares of common stock

    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    4.2%1
    14

    TYPE OF REPORTING PERSON

    OO

             

    1 Based on 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021.

     

    4

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Sun Seven Stars Investment Group Limited
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    AF
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    British Virgin Islands
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    20,999,416 shares of common stock

     

    9 SOLE DISPOSITIVE POWER

    N/A
    10

    SHARED DISPOSITIVE POWER

    20,999,416 shares of common stock

    11

    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    20,999,416 shares of common stock

    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    4.2%1
    14

    TYPE OF REPORTING PERSON

     

    CO

             

    1 Based on 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021.

     

    5

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Wecast Media Investment Management Limited
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    AF
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    Hong Kong
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)

    9 SOLE DISPOSITIVE POWER

    N/A
    10 SHARED DISPOSITIVE POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.2%1
    14

    TYPE OF REPORTING PERSON

    CO

             

    1 Based on the sum of: (i) 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible into 933,333 shares of common stock).

     

    6

     

     

    CUSIP No. 98741R108

     


    1

    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Shanghai Sun Seven Stars Cultural Development Limited

    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    WC
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    PRC
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)

    9 SOLE DISPOSITIVE POWER

    N/A
    10 SHARED DISPOSITIVE POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.21
    14

    TYPE OF REPORTING PERSON

    CO

             

    1 Based on the sum of: (i) 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible into 933,333 shares of common stock).

     

    7

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Tianjin Sun Seven Stars Culture Development Limited
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    WC
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    PRC
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)

    9 SOLE DISPOSITIVE POWER

    N/A
    10 SHARED DISPOSITIVE POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.2%1
    14

    TYPE OF REPORTING PERSON

    CO

             

    1 Based on the sum of: (i) 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible into 933,333 shares of common stock).

     

    8

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Beijing Sun Seven Stars Culture Development Limited
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    WC
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    PRC
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)

    9 SOLE DISPOSITIVE POWER

    N/A
    10 SHARED DISPOSITIVE POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.2%1
    14

    TYPE OF REPORTING PERSON

    CO

             

    1 Based on the sum of: (i) 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible into 933,333 shares of common stock).

     

    9

     

     

    CUSIP No. 98741R108

     


    1
    NAME OF REPORTING PERSON OR
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Tianjin Sun Seven Stars Partnership Management Co., Ltd.
    2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)    ¨
    (b)    x
    3

    SEC USE ONLY

     

    4 SOURCE OF FUNDS

    WC
    5

    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)

     

    ¨
    6 CITIZENSHIP OR PLACE OF ORGANIZATION

    PRC
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    7 SOLE VOTING POWER

    N/A
    8

    SHARED VOTING POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)

    9 SOLE DISPOSITIVE POWER

    N/A
    10 SHARED DISPOSITIVE POWER

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    933,333 shares of common stock (representing shares of common stock issuable upon conversion of 7 million shares of Series A preferred stock)
    12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: ¨
    13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    0.2%1
    14

    TYPE OF REPORTING PERSON

    CO

             

    1 Based on the sum of: (i) 497,680,745 shares of common stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible into 933,333 shares of common stock).

     

    10

     

     

    CUSIP No. 98741R108

     

    Explanatory Note

     

    This Amendment No. 3 to Schedule 13D (“Amendment No. 3”) is filed by Bruno Wu (“BW”), Lan Yang (“LY”), Sun Seven Stars Trust, a Delaware trust (“SSS Trust”), Sun Seven Stars Investment Group Limited, a British Virgin Islands Company (“SSSIG”), Wecast Media Investment Management Limited, a Hong Kong Company (“Wecast”), Shanghai Sun Seven Stars Cultural Development Limited, a PRC company (“Shanghai SSS”), Tianjin Sun Seven Stars Culture Development Limited, a PRC company (“Tianjin Culture”), Beijing Sun Seven Stars Culture Development Limited, a PRC company (“BSSS”), and Tianjin Sun Seven Stars Partnership Management Co., Ltd., a PRC company (“Tianjin Management”), with respect to beneficial ownership of the common stock, par value $0.001 per share (“Common Stock”) of Ideanomics, Inc. (the “Issuer”).

     

    This Amendment No. 3 amends the Schedule 13D (the "Original 13D ") filed by BW and BSSS with the Securities and Exchange Commission ("SEC") on December 31, 2015, as amended by Amendment No. 1 (“Amendment No. 1”) filed by BW, LY, BSSS, Sun Seven Stars Hong Kong Cultural Development Limited, a Hong Kong company, Tianjin Management, Tianjin Culture and Shanghai SSS with the SEC on February 25, 2016, and as amended and restated by Amendment No. 2 (“Amendment No. 2”) filed by BW, LY, SSS Trust, SSSIG, Wecast, Shanghai SSS, Tianjin Culture, BSSS and Tianjin Management with the SEC on December 16, 2021.

     

    The Reporting Persons herein are filing this Amendment No. 3 to reflect the internal transfer of 13,949,725 shares of the Issuer’s Common Stock from SSSIG to LY on December 29, 2021 (the “Internal Transfer”), and execution of the Shareholders Agreement described in Item 5 below. The Internal Transfer does not represent any change in the amount of the Issuer’s Common Stock beneficially owned by LY (as reported by LY in Amendment No. 2).

     

    As Amendment No. 2 amended and restated the Original 13D, as amended by Amendment No. 1, in its entirety, this Amendment No. 3 amends Amendment No. 2 as follows:

     

    Paragraphs “(a), (b)” of Item 5 of Amendment No. 2 are hereby amended and supplemented by replacing the first 3 paragraphs thereof (beginning with the phrase “The following sets forth” and ending with the phrase “with respect to such transactions):” with the following:

     

    Item 5. Interest in Securities of the Issuer.

     

    (a), (b)       The following sets forth, as of the date of this Amendment No. 3, the aggregate number of shares of Common Stock beneficially owned by each of the Reporting Persons based on: (i) 497,680,745 shares of Common Stock outstanding as of November 18, 2021 (as reported in the Issuer’s Quarterly Report on Form 10-Q filed on November 23, 2021; and where applicable, (ii) 7 million shares of convertible Series A Preferred Stock outstanding (convertible at any time at the option of the holder into 933,333 shares of Common Stock).

     

    Reporting Person  Amount
    beneficially
    owned
       Percent
    of class
       Sole
    power to
    vote or to
    direct the
    vote
      Shared
    power to
    vote or to
    direct the
    vote*
       Sole power
    to dispose
    or to direct
    the
    disposition
      Shared
    power to
    dispose or to
    direct the
    disposition*
     
    BW   36,071,565    7.2%  N/A   36,071,565   N/A   36,071,565 
    LY   36,071,565    7.2%  N/A   36,071,565   N/A   36,071,565 
    SSS Trust   20,999,416    4.2%  N/A   20,999,416   N/A   20,999,416 
    SSSIG   20,999,416    4.2%  N/A   20,999,416   N/A   20,999,416 
    Wecast   933,333    0.2%  N/A   933,333   N/A   933,333 
    Shanghai SSS   933,333    0.2%  N/A   933,333   N/A   933,333 
    Tianjin Culture   933,333    0.2%  N/A   933,333   N/A   933,333 
    BSSS   933,333    0.2%  N/A   933,333   N/A   933,333 
    Tianjin Management   933,333    0.2%  N/A   933,333   N/A   933,333 

     

    11

     

     

    CUSIP No. 98741R108

     

    As a result of the Internal Transfer, LY is the record holder of 14,138,816 shares of Common Stock, and SSSIG is the record holder of 20,999,416 shares of Common Stock. SSSIG is wholly-owned by SSS Trust, of which LY is trustee. In addition, LY is Co-Chairperson of SSSIG. As a result, LY and SSS Trust may be deemed to be the beneficial owner of the Issuer’s securities owned of record by SSSIG. In addition, LY is the spouse of BW. BW is a former executive officer and director of the Issuer, and is Co-Chairperson and CEO of SSSIG. As a result, BW may be deemed to share beneficial ownership of the securities of the Issuer beneficially owned by LY and SSSIG. Further, each of BW, LY, Shanghai SSS, Tianjin Culture, BSSS, and Tianjin Management may be deemed to share beneficial ownership of the Series A Preferred Stock of the Issuer held of record by Wecast (convertible at any time into 933,333 shares of Common Stock). Wecast is wholly-owned by Shanghai SSS, which is wholly-owned by Tianjin Culture, which is wholly-owned by BSSS, which is a directly controlled subsidiary of Tianjin Management. As a result, each of Shanghai SSS, Tianjin Culture, BSSS, and Tianjin Management may be deemed to share beneficial ownership of the Issuer’s securities held of record by Wecast. LY is the direct controlling shareholder and Chairperson of Tianjin Management, and a director of BSSS. BW is also Chairman and CEO of BSSS. As a result, LY may be deemed to be the beneficial owner of the Issuer’s securities beneficially owned by Tianjin Management, and BW may be deemed to be the beneficial owner of the Issuer’s securities beneficially owned by each of Tianjin Management and BSSS. Each of BW and LY disclaim beneficial ownership of all Issuer securities, except to the extent of their pecuniary interest therein.

     

    * The Reporting Persons are party to a Shareholders Agreement, dated as of December 29, 2021 (“Shareholders Agreement”), pursuant to which, inter alia: (i) LY appointed Alfred Poor (or such other executive as may be directed by the Board of Directors of the Issuer) as proxy, to vote all Common Stock and Series A Preferred Stock of the Issuer owned by SSS Trust and/or LY (as directed by the Board of Directors of the Issuer), for a period of 24 months; and (ii) subject to specified exceptions, the Reporting Persons have agreed not to sell, transfer or otherwise dispose of any such securities, for a period of 12 months, in an aggregate amount in excess of (a) on a daily basis, the greater of (i) 500,000 shares of Common Stock and (ii) 5% of the average daily volume of Common Stock traded for the preceding 10 trading days on the national stock exchange on which such Common Stock is then-listed for trading, and (b) with respect to such securities beneficially owned by the Reporting Persons (other than those subject to the Internal Transfer), an aggregate of 8,750,000 shares of Common Stock during any calendar quarter.

     

    Pursuant to the Shareholder’s Agreement, the Issuer has agreed to prepare and file with the SEC (following the filing of the Issuer’s Annual Report on Form 10-K for fiscal year 2021), a registration statement for the purpose of registering under the Securities Act of 1933, as amended, all of the securities of the Issuer reported as beneficially owned by the Reporting Persons hereunder for resale by, and for the accounts of, such Reporting Persons as selling stockholders thereunder.

     

    In addition to the transactions described in Amendment No. 2, on December 29, 2021, the Internal Transfer was completed.

     

    Paragraph (c) of Item 5 of Amendment No. 2 is hereby amended to read as follows:

     

    (c)Other than the Internal Transfer, pursuant to which SSSIG transferred 13,949,725 shares of Common Stock to LY, none of the Reporting Persons or Related Persons has effected any transactions in the Common Stock during the past 60 days.

     

    Item 7 of the Amendment No. 2 is hereby amended and supplemented to include the following additional exhibits:

     

    Item 7. Material to be Filed as Exhibits.

     

    Exhibit No.   Description
         
    1.  Joint Filing Agreement, incorporated by reference to Exhibit No. 1 of Amendment No. 2, filed on December 16, 2021.
        
    2.  Shareholders Agreement, dated December 29, 2021, among the Issuer and the Reporting Persons.

     

    12

     

     

    CUSIP No. 98741R108

     

    After reasonable inquiry and to the best of each reporting person’s knowledge and belief, such reporting person certifies that the information set forth in this statement is true, complete and correct.

     

    Date: December 29, 2021 /s/ Bruno Wu
      Bruno Wu
       
    Date: December 29, 2021 /s/ Lan Yang
      Lan Yang
       
    Date: December 29, 2021 Sun Seven Stars Trust
       
      By: /s/ Lan Yang
      Name: Lan Yang
      Title:   Trustee
       
    Date: December 29, 2021 Sun Seven Stars Investment Group Limited
       
      By: /s/ Lan Yang
      Name:  Lan Yang
      Title:  Co-Chairperson
       
    Date: December 29, 2021 Wecast Media Investment Management Limited
       
      By: /s/ Yun Zhu
      Name: Yun Zhu
      Title:   Director
       
    Date: December 29, 2021 Shanghai Sun Seven Stars Cultural Development Limited
       
      By: /s/ Xiaoqian Xia
      Name:  Xiaoqian Xia
      Title:   Director and Office Manager

     

    13

     

     

    CUSIP No. 98741R108

     

    Date: December 29, 2021 Tianjin Sun Seven Stars Culture Development Ltd.
       
      By: /s/ Yongqi Liu
      Name: Yongqi Liu
      Title:  Director and Project Manager
       
    Date: December 29, 2021 Beijing Sun Seven Stars Culture Development Ltd.
       
      By: /s/ Yun Zhu
      Name: Yun Zhu
      Title:    Executive Vice President
       
    Date: December 29, 2021 Tianjin Sun Seven Stars Partnership Management Ltd.
       
      By: /s/ Lan Yang
      Name:  Lan Yang
      Title:   Chairperson 

     

    14

     

    Get the next $IDEX alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $IDEX

    DatePrice TargetRatingAnalyst
    4/7/2022Buy → Neutral
    ROTH Capital
    2/11/2022$3.00Overweight
    Cantor Fitzgerald
    More analyst ratings

    $IDEX
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Ideanomics Announces Receipt of Notice from Nasdaq Regarding Listing Delinquency

      New York, NY, July 02, 2024 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on June 26, 2024, the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company's Form 10-K for the fiscal year ended December 31, 2023, reported stockholders' equity of less than the required minimum of $2,500,000 in stockholders' equity for continued listing, and as of that day, the Company did not meet the alternatives of market value of listed securities or net income from continuing operations, the Company no longer complied with Listing Rule

      7/2/24 5:00:00 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Ideanomics, Inc. Reports Q4 and Full Year 2023 Financial Results

      NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the commercial adoption of electric vehicles, announced today its fourth quarter and full year 2023 operating results for the period ended December 31, 2023. Throughout 2023 Ideanomics continued executing its commitment to shareholders to exit non-core businesses and finalize a reorganization of the business to focus on last-mile and local delivery vehicles and associated charging products. Full Year Highlights Energica Inside announced partnerships to develop all-electric solutions for aviation, marine, and off-road uses.Energica selected by pol

      6/18/24 5:05:25 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Quarterly Report on Form 10-Q

      New York, May 24, 2024 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") today announced that on May 21, 2024, the Company received a notice (the "10-Q Notice") from the staff of the Nasdaq Listing Qualifications department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Form 10-Q for the period ended March 31, 2024 (the "Form 10-Q"), the Company is not in compliance with Nasdaq Listing Rules for continued listing. The Company is working diligently to regain compliance and will provide an update once more information is available. About Ideanomics Ideanomics (NASDAQ: IDEX) is a global group with a

      5/24/24 5:00:00 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary

    $IDEX
    SEC Filings

    See more
    • Amendment: Ideanomics Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Bankruptcy or Receivership, Creation of a Direct Financial Obligation, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K/A - IDEANOMICS, INC. (0000837852) (Filer)

      12/6/24 8:51:14 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Ideanomics Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Bankruptcy or Receivership, Creation of a Direct Financial Obligation, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - IDEANOMICS, INC. (0000837852) (Filer)

      12/6/24 8:30:52 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Ideanomics Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

      8-K - IDEANOMICS, INC. (0000837852) (Filer)

      7/10/24 4:01:19 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary

    $IDEX
    Financials

    Live finance-specific insights

    See more
    • Ideanomics, Inc. Reports Q4 and Full Year 2023 Financial Results

      NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) -- Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the commercial adoption of electric vehicles, announced today its fourth quarter and full year 2023 operating results for the period ended December 31, 2023. Throughout 2023 Ideanomics continued executing its commitment to shareholders to exit non-core businesses and finalize a reorganization of the business to focus on last-mile and local delivery vehicles and associated charging products. Full Year Highlights Energica Inside announced partnerships to develop all-electric solutions for aviation, marine, and off-road uses.Energica selected by pol

      6/18/24 5:05:25 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Ideanomics Announces Fourth-Quarter and Full-Year 2023 Earnings Call Details

      New York, March 25, 2024 (GLOBE NEWSWIRE) -- NEW YORK, March 25, 2024 - Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company") announces that the conference call to discuss its fourth quarter and full year 2023 financial results on Monday, April 1, 2024, at 4:30pm ET.   The Company's senior management team will give prepared remarks followed by a question-and-answer session.   CONFERENCE CALL INFORMATION  https://audience.mysequire.com/webinar-view?webinar_id=10e00c00-096c-4ff5-80f0-0c1e7bb64610   Dial-in Number:  +1-253-205-0468 Meeting ID:9383222914 A replay of the webcast and earnings materials will be available on the Company's investor relations website: https://www.ideano

      3/25/24 7:56:49 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Ideanomics, Inc. Reports Q3 2023 Financial Results

      NEW YORK, NY / ACCESSWIRE / November 21, 2023 / Ideanomics (NASDAQ:IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the commercial adoption of electric vehicles, announced today its third quarter 2023 operating results for the period ended September 30, 2023.During the third quarter Ideanomics continued executing its commitment to shareholders to exit non-core businesses and finalize a reorganization of the business to focus on last-mile and local delivery vehicles and associated charging products.Third Quarter HighlightsEnergica selected by police services in France and Barbados to provide electric motorcycles for police fleets.WAVE completes an OEM-approved i

      11/21/23 4:10:00 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary

    $IDEX
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Hayward Andrea Maria bought $1,900 worth of shares (2,000 units at $0.95) (SEC Form 4)

      4 - IDEANOMICS, INC. (0000837852) (Issuer)

      2/8/24 4:52:14 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary

    $IDEX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Ideanomics downgraded by ROTH Capital

      ROTH Capital downgraded Ideanomics from Buy to Neutral

      4/7/22 3:33:05 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Cantor Fitzgerald initiated coverage on Ideanomics with a new price target

      Cantor Fitzgerald initiated coverage of Ideanomics with a rating of Overweight and set a new price target of $3.00

      2/11/22 7:33:09 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Roth Capital initiated coverage on Ideanomics with a new price target

      Roth Capital initiated coverage of Ideanomics with a rating of Buy and set a new price target of $7.00

      4/14/21 7:36:23 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary

    $IDEX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G/A filed by Ideanomics Inc. (Amendment)

      SC 13G/A - IDEANOMICS, INC. (0000837852) (Subject)

      2/14/24 4:30:21 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • SEC Form SC 13G filed by Ideanomics Inc.

      SC 13G - IDEANOMICS, INC. (0000837852) (Subject)

      2/3/23 4:30:20 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • SEC Form SC 13D/A filed by Ideanomics Inc. (Amendment)

      SC 13D/A - IDEANOMICS, INC. (0000837852) (Subject)

      2/14/22 1:07:06 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary

    $IDEX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Hayward Andrea Maria bought $1,900 worth of shares (2,000 units at $0.95) (SEC Form 4)

      4 - IDEANOMICS, INC. (0000837852) (Issuer)

      2/8/24 4:52:14 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • SEC Form 3: New insider Johnston Stephen Eric claimed no ownership of stock in the company

      3 - IDEANOMICS, INC. (0000837852) (Issuer)

      10/27/22 4:54:31 PM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • SEC Form 4: Poor Alfred bought $100,000 worth of shares (400,000 units at $0.25), increasing direct ownership by 27% to 1,889,125 units

      4 - IDEANOMICS, INC. (0000837852) (Issuer)

      10/27/22 9:13:32 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary

    $IDEX
    Leadership Updates

    Live Leadership Updates

    See more
    • WAVE Charging Appoints Macy Neshati as General Manager to Spearhead Expansion and Scale

      Salt Lake, Utah, March 11, 2024 (GLOBE NEWSWIRE) -- WAVE Charging, a wholly-owned subsidiary of Ideanomics (NASDAQ: IDEX) and developer of high-power, wireless inductive charging solutions for medium- and heavy-duty commercial vehicles, proudly announces the appointment of Macy Neshati as General Manager.   In his new role, Neshati will take charge of overseeing operations and driving the expansion of WAVE Charging's current customer base, including the two confidential commercial fleet customers previously disclosed.   Mr. Neshati brings a wealth of experience to his new position, including experience as part of the Ideanomics group of companies. Prior to joining WAVE Charging, he served

      3/11/24 7:58:29 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • Ideanomics Appoints New Chief Operating Officer and Chief Commercial Officer

      NEW YORK, Jan. 30, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, announced today that Robin Mackie has been appointed Chief Operating Officer and Macy Neshati has been appointed Chief Commercial Officer, effective immediately. "With these appointments, Ideanomics is strengthening our corporate structure and leadership team so we can better meet the needs of our customers and ultimately emerge a winner in the EV space," says Alf Poor, Ideanomics Chief Executive Officer. " Robin and Macy hav

      1/30/23 6:00:00 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary
    • JUSTLY Markets Strengthens Management Team with Appointment of Chief Compliance Officer

      NEW YORK, Feb. 9, 2022 /PRNewswire/ -- JUSTLY Markets, a leading impact investment broker-dealer with a focus on providing investors with the opportunity to invest in ESG-principled (Environmental, Social, & Corporate Governance) companies, today announced the appointment of Donna Bartlett as Chief Compliance Officer (CCO), effective immediately. Bartlett brings 30 years of experience to the role, where she will be responsible for ensuring JUSTLY complies with FINRA-mandated laws and regulations while serving the interests of investors who want to make a difference through private equity.

      2/9/22 8:00:00 AM ET
      $IDEX
      Auto Manufacturing
      Consumer Discretionary