KINS Technology Group (KINZ) Closes Inpixon Deal
by Marlena Haddad on 2023-03-14 at 5:58pm

KINS Technology Group Inc. (NASDAQ:KINZ) announced it has closed its combination with workplace experience company Inpixon’s (NASDQ:INPX) CXApp application.

The merger was originally approved by shareholders at a meeting held on March 10, but at that time, the SPAC did not provide a timeline for the closing of the deal. The completion vote was originally scheduled to be held on March 8, but was pushed back to allow additional time for KINS to engage with its stockholders.

The combined company will now operate as CXApp Inc. and will start trading its common stock and warrants on the Nasdaq tomorrow, March 15, under the ticker symbols “CXAI” and “CXAIW”, respectively.

The SPAC announced the $69 million deal with Inpixon in September 2022. Palo Alto-based CXApp provides digital workplace and event management tools, helping users book rooms and venues as well as interact with spaces via AR/VR solutions.

Following the completion of the deal, the company has implemented new leadership to help scale the business. Mr. Khurram Sheikh will serve as the Chairman and CEO of the combined company and KINS directors Ms. Di-Ann Eisnor and Mr. Camillo Martino will become independent board members of CXApp.


ADVISORS

  • Skadden, Arps, Slate, Meagher and Flom LLP is serving as legal advisor to KINS.
  • Mitchell Silberberg and Knupp LLP is acting as legal advisor to CXApp.
KINS Technology Group (KINZ) Closes Inpixon Deal
Recent Posts
by Nicholas Alan Clayton on 2025-07-02 at 12:13pm

McKinley Acquisition Corporation (NASDAQ:MKLYU) has filed for a $150 million SPAC to hunt for an innovative target company with an experienced financial team that has dabbled in SPACs before. The new SPAC is offering investors one right to a 1/10 share in each unit with no overfunding of the trust, but it could provide a...

by Nicholas Alan Clayton on 2025-07-02 at 8:29am

At the SPAC of Dawn The rain of SPACs has continued with four expected to make their debuts during today’s trading sessions after pricing their IPOs overnight. The largest of these, EQV Ventures II (NASDAQ:EVACU), even managed an upsize, making it the largest SPAC IPO since Ares II (NYSE:AACT) pulled together $450 million in 2023....

by Nicholas Alan Clayton on 2025-07-02 at 6:28am

EQV Ventures II (NASDAQ:EVACU) announced the pricing of its upsized $420 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “EVACU”, Wednesday, July 2, 2025. The new SPAC plans to merge with an energy target involved in upstream exploration or production. EQV II’s management team is led by...

by Nicholas Alan Clayton on 2025-07-01 at 7:51pm

Vendome Acquisition Corporation I (NASDAQ:VNMEU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “VNMEU”, Wednesday, July 2, 2025. The new SPAC plans to focus its search on target business in the consumer sector operating in North America, Southeast Asia, and Europe....

by Nicholas Alan Clayton on 2025-07-01 at 7:47pm

Origin Investment Corp. I (NASDAQ:ORIQU) announced the pricing of its $60 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “ORIQU”, Wednesday, July 2, 2025. The new SPAC aims to mount a broad search for a target with a strong management and both revenue and earnings growth potential....

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved