Ideanomics (NASDAQ: IDEX) today announced that it has provisionally passed the 90% threshold securing 93.63% of Energica’s shares through the voluntary tender offer of Energica Motor Company S.p.A. (“Energica”), a leading manufacturer and distributor of high-performance 100% battery-powered electric motorcycles. According to the update, Ideanomics expects the acquisition of Energica to close by the end of this quarter. “We are excited to have Energica join the Ideanomics team and we’re looking forward to the synergy that Energica brings alongside our other brands,” said Alf Poor, CEO of Ideanomics. “With exceptional Italian heritage and an innovative product line already in market, we believe Energica will strongly benefit from Ideanomics resources and continue to be a leader in the electric motorbike industry.”
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About Ideanomics Inc.
Ideanomics is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation and financial services, Ideanomics provides the completeness of solutions needed for the commercial world to commit to an EV future. For more information about the company, visit www.Ideanomics.com.
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