Sec Form 13G Filing - Advantech Capital II L.P. filing for IDEANOMICS INC (IDEX) - 2021-02-09

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 2)*

 

IDEANOMICS, INC.

(Name of Issuer)

 

Common Shares, par value $0.001 per share

(Title of Class of Securities)

 

98741R108

(CUSIP Number)

 

December 31, 2020

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o      Rule 13d-1(b)

x     Rule 13d-1(c)

o      Rule 13d-1(d)

 

*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 the disclosures provided in a prior cover page.

 

The information required in 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).

 


 

Schedule 13G/A

 

CUSIP No. 98741R108

 

 

 

1.                   Names of Reporting Persons.

 

Advantech Capital Investment II Limited

 

 

 

 

 

2. Check the Appropriate Box if a Member of a Group

 

(a)  o

 

(b)  x

 

3. SEC Use Only

 

4. Citizenship or Place of Organization

Cayman Islands

 

 

 

 

 

5. Sole Voting Power

0

Number of Shares
Beneficially
Owned by
Each Reporting
Person With:

 

 

6. Shared Voting Power

N/A

 

 

7. Sole Dispositive Power

0

 

 

 

8. Shared Dispositive Power

N/A

 

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person

01

 

 

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     o

 

 

11. Percent of Class Represented by Amount in Row (9)

0%

 

 

12. Type of Reporting Person

 

PN

 

 


1  Ideanomics, Inc. (the “Issuer”) has repaid in full all outstanding convertible bond in the amount of $14,512,787 owed to Advantech Capital Investment II Limited as of December 18, 2020, as described in the Issuer’s Form 8-K, filed with the SEC on December 22, 2020.

 

2


 

CUSIP No. 98741R108

 

 

 

1.                   Names of Reporting Persons.

 

Advantech Capital II Master Investment Limited

 

 

 

 

 

2. Check the Appropriate Box if a Member of a Group

 

(a)  o

 

(b) & #xA0;x

 

3. SEC Use Only

 

4. Citizenship or Place of Organization

Cayman Islands

 

 

 

 

 

5. Sole Voting Power

0

Number of Shares
Beneficially
Owned by
Each Reporting
Person With:

 

 

6. Shared Voting Power

N/A

 

 

7. Sole Dispositive Power

0

 

 

 

8. Shared Dispositive Power

N/A

 

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person

02

 

 

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     o

 

 

11. Percent of Class Represented by Amount in Row (9)

0%

 

 

12. Type of Reporting Person

 

PN

 

 


2  Ideanomics, Inc. (the “Issuer”) has repaid in full all outstanding convertible bond in the amount of $14,512,787 owed to Advantech Capital Investment II Limited as of December 18, 2020, as described in the Issuer’s Form 8-K, filed with the SEC on December 22, 2020.

 

3


 

CUSIP No. 98741R108

 

 

 

1.                   Names of Reporting Persons.

 

Advantech Capital II L.P.

 

 

 

 

 

2. Check the Appropriate Box if a Member of a Group

 

(a)  o

 

(b)  x

 

3. SEC Use Only

 

4. Citizenship or Place of Organization

Cayman Islands

 

 

 

 

 

5. Sole Voting Power

0

Number of Shares
Beneficially
Owned by
Each Reporting
Person With:

 

 

6. Shared Voting Power

N/A

 

 

7. Sole Dispositive Power

0

 

 

 

8. Shared Dispositive Power

N/A

 

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person

03

 

 

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     o

 

 

11. Percent of Class Represented by Amount in Row (9)

0%

 

 

12. Type of Reporting Person

 

PN

 

 


3  Ideanomics, Inc. (the “Issuer”) has repaid in full all outstanding convertible bond in the amount of $14,512,787 owed to Advantech Capital Investment II Limited as of December 18, 2020, as described in the Issuer’s Form 8-K, filed with the SEC on December 22, 2020.

 

4


 

CUSIP No. 98741R108

 

 

 

1.                   Names of Reporting Persons.

 

Advantech Capital Partners II Limited

 

 

 

 

 

2. Check the Appropriate Box if a Member of a Group

 

(a)  o

 

(b)  x

 

3. SEC Use Only

 

4. Citizenship or Place of Organization

Cayman Islands

 

 

 

 

 

5. Sole Voting Power

0

Number of Shares
Beneficially
Owned by
Each Reporting
Person With:

 

 

6. Shared Voting Power

N/A

 

 

7. Sole Dispositive Power

0

 

 

 

8. Shared Dispositive Power

N/A

 

 

 

9. Aggregate Amount Beneficially Owned by Each Reporting Person

04

 

 

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares

     o

 

 

11. Percent of Class Represented by Amount in Row (9)

0%

 

 

12. Type of Reporting Person

 

PN

 

 


4  Ideanomics, Inc. (the “Issuer”) has repaid in full all outstanding convertible bond in the amount of $14,512,787 owed to Advantech Capital Investment II Limited as of December 18, 2020, as described in the Issuer’s Form 8-K, filed with the SEC on December 22, 2020.

 

5


 

Schedule 13G/A

 

CUSIP 98741R108

 

ITEM 1.

 

(a)   Name of Issuer: IDEANOMICS, INC.

 

(b)   Address of Issuer’s Principal Executive Offices: 55 Broadway, 19th Floor New York, NY 10006

 

ITEM 2.

 

(a) Name of Person Filing:

 

Advantech Capital Investment II Limited, Advantech Capital II Master Investment Limited, Advantech Capital II L.P.  and Advantech Capital Partners II Limited (collectively, the “Reporting Persons”).

 

The Reporting Persons have entered into a Joint Filing Agreement, a copy of which is filed with this Amendment No. 2 to the Schedule 13 G as Exhibit 99.1.

 

(b) Address of Principal Business Office, or if None, Residence:

 

The address of the principal business office of each of the Reporting Persons is:

 

Suite 5B201, 2nd Floor, One Nexus Way, Camana Bay, Grand Cayman KY1-1103, Cayman Islands

 

(c)  Citizenship:

 

See Row 4 of cover page.

 

(d)   Title of Class of Securities:

 

Common Shares, par value $0.001 per share

 

(e)  CUSIP Number:  98741R108

 

ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

 

Not Applicable.

 

ITEM 4. OWNERSHIP.

 

(a)   Amount Beneficially Owned by each Reporting Person: See Row 9 of cover page.

 

(b)   Percent of Class Beneficially Owned by each Reporting Person: See Row 11 of cover page.

 

(c)   Number of shares as to which each Reporting Person has:

 

i.      Sole power to vote or to direct the vote: See Row 5 of cover page.

 

ii.     Shared power to vote or to direct the vote: See Row 6 of cover page.

 

iii.    Sole power to dispose of or to direct the disposition of: See Row 7 of cover page.

 

iv.    Shared power to dispose or to direct the disposition of: See Row 8 of cover page.

 

ITEM 5. OWNERSHIP OF FIVE PER CENT OR LESS OF A CLASS.

 

If this statement is being filed to report the fact that as of the date hereof each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ý.

 

6


 

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

 

Not applicable.

 

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

 

Not applicable.

 

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

 

Not applicable.

 

ITEM 9. NOTICE OF DISSOLUTION OF GROUP.

 

Not applicable.

 

ITEM 10. CERTIFICATIONS.

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having such purpose or effect.

 

7


 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date: February 9, 2021

 

ADVANTECH CAPITAL INVESTMENT II LIMITED

By:

 

 

/s/ Neil Colin Gray

 

 

Name: Neil Colin Gray

 

 

Title: Authorized Signatory

 

 

ADVANTECH CAPITAL II MASTER INVESTMENT LIMITED

 

By:

 

 

/s/ Neil Colin Gray

 

 

Name: Neil Colin Gray

 

 

Title: Director

 

 

ADVANTECH CAPITAL II L.P.

 

By its general partner, Advantech Capital Partners II Limited

 

 

By:

 

 

 

/s/ Roger Howard Hanson

 

 

Name: Roger Howard Hanson

 

 

Title: Authorized Signatory

 

 

 

ADVANTECH CAPITAL PARTNERS II LIMITED

 

 

 

 

By:

 

 

 

/s/ Roger Howard Hanson

 

 

Name: Roger Howard Hanson

 

 

Title: Director

 

8


 

Exhibit Index

 

Exhibit No.

 

Exhibit

99.1

 

Joint Filing Agreement

 

9