# EDGAR Filing Document

**Accession Number:** 0000837852
**File Stem:** 0001104659-23-006569
**Filing Date:** 2023-1
**Character Count:** 22035
**Document Hash:** 8f6b7a84ae47b71f66a0fdba5e5417d8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-006569.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001104659-23-006569

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 6

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**EFFECTIVENESS DATE**: 20230125

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** IDEANOMICS, INC.
- **CENTRAL INDEX KEY:** 0000837852
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **IRS NUMBER:** 201777837
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-269413
- **FILM NUMBER:** 23552942

**BUSINESS ADDRESS:**
- **STREET 1:** 1441 BROADWAY
- **STREET 2:** 5TH FLOOR, SUITE#5116
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 212-206-1216

**MAIL ADDRESS:**
- **STREET 1:** 1441 BROADWAY
- **STREET 2:** 5TH FLOOR, SUITE#5116
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Seven Stars Cloud Group, Inc.
- **DATE OF NAME CHANGE:** 20170811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WECAST NETWORK, INC.
- **DATE OF NAME CHANGE:** 20161114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Wecast Network, Inc.
- **DATE OF NAME CHANGE:** 20161114

**As filed with the Securities and Exchange Commission on January 25, 2023**

**Registration No. 333-** 

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

**IDEANOMICS, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Nevada**<br> (State or other jurisdiction of <br> incorporation or organization) |  | **20-1778374**<br> (I.R.S. Employer<br> Identification No.) |
|  | **1441 Broadway, Suite 5116**<br> **New York, NY 10018**<br>|  |
| (Address of Principal Executive Offices) (Zip Code) | (Address of Principal Executive Offices) (Zip Code) | (Address of Principal Executive Offices) (Zip Code) |

---

**Ideanomics, Inc. Amended and Restated 2010 Equity Incentive Plan**<br> (Full title of the plan)

**Alfred P. Poor**

**Chief Executive Officer**

**1441 Broadway, Suite 5116**

**New York, NY 10018**

(Name and address of agent for service)

**(212) 206-1216**

(Telephone number, including area code, of agent for service)

**Copies to:**

**William N. Haddad, Esq.**

**Arif Soto, Esq.**

**Venable LLP**

**1270 Avenue of the Americas, 24th Floor**

**New York, NY 10020**

**(212) 503-9812**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ◻ Accelerated filer ⌧ <br> Non-accelerated filer ◻ Smaller reporting company ◻ <br> Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ◻

**REGISTRATION OF ADDITIONAL SECURITIES PURSUANT TO GENERAL INSTRUCTION E OF**

**FORM S-8**

**EXPLANATORY NOTE**

This Registration Statement is filed by Ideanomics, Inc., a Nevada corporation (the "<u>Registrant</u>") to register 63,200,000 additional shares of its common stock, $0.001 par value (the "<u>Common Stock</u>"), issuable to eligible employees, directors and consultants of the Registrant and its affiliates under the Registrant's Amended and Restated 2010 Equity Incentive Plan (the "<u>Plan</u>"). The Registrant's Registration Statements on Form S-8 filed with the U.S. Securities and Exchange Commission on [June 17, 2015](https://www.sec.gov/Archives/edgar/data/837852/000106299315003427/forms8.htm) (File No. 333-205043), [January 28, 2020](https://www.sec.gov/Archives/edgar/data/837852/000110465920007363/tm201521d1_s8.htm) (File No. 333-236108) and [February 12, 2021](https://www.sec.gov/Archives/edgar/data/837852/000110465921021921/tm216267d1_s8.htm) (File No. 333-253059 (collectively, the "<u>Prior Registration Statements</u>") relating to the Plan are each incorporated by reference herein. This Registration Statement relates to securities of the same class as that to which the Prior Registration Statements relate, and is submitted in accordance with General Instruction E to Form S-8 regarding Registration of Additional Securities. Pursuant to General Instruction E of Form S-8, the contents of the Prior Registration Statements relating to the Plan are incorporated herein by reference and made part of this Registration Statement, except to the extent supplemented, superseded or modified by the specific information set forth below and/or the specific exhibits attached hereto.

**PART II. INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

---

| | |
|:---|:---|
| **Item 8.** | **Exhibits.** |

---

---

| | |
|:---|:---|
| **Exhibit <br> Number.** | **Exhibit Description** |
| [4.1](https://www.sec.gov/Archives/edgar/data/837852/000114036112018388/ex3_1.htm) | [Articles of Incorporation of the Company, as amended to date \[incorporated by reference to Exhibit 3.1 to the Company's Annual Report on Form 10-K (File No. 001-35561) filed on March 30, 2012\]](https://www.sec.gov/Archives/edgar/data/837852/000114036112018388/ex3_1.htm) |
| [4.2](https://www.sec.gov/Archives/edgar/data/837852/000162828021023993/exhibit31-ideanomicsxbylaw.htm) | [Amendment No. 3 to the Second Amended and Restated Bylaws, adopted November 10, 2021 \[incorporated by reference to Exhibit 3.1 to the Company's Quarterly Report on Form 10-Q (File No. 001-35561) filed on November 23, 2021\]](https://www.sec.gov/Archives/edgar/data/837852/000162828021023993/exhibit31-ideanomicsxbylaw.htm) |
| [5.1\*](tm234234d1_ex5-1.htm) | [Opinion of Sherman & Howard L.L.C.](tm234234d1_ex5-1.htm) |
| [23.1\*](tm234234d1_ex23-1.htm) | [Consent of Grassi & Co, CPAs, P.C., Independent Registered Public Accounting Firm](tm234234d1_ex23-1.htm) |
| [23.2\*](tm234234d1_ex5-1.htm) | [Consent of Sherman & Howard L.L.C. (included in Exhibit 5.1)](tm234234d1_ex5-1.htm) |
| [24.1\*](#poa) | [Power of Attorney (included on signature page to this Registration Statement)](#poa) |
| [99.1](https://www.sec.gov/Archives/edgar/data/837852/000110465922122429/tm2231488d1_ex10-1.htm) | [Amended and Restated 2010 Equity Incentive Plan. (Incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K (File No. 001-35561) filed on November 28, 2022)](https://www.sec.gov/Archives/edgar/data/837852/000110465922122429/tm2231488d1_ex10-1.htm) |
| [107\*](tm234234d1_ex107.htm) | [Filing Fee Table](tm234234d1_ex107.htm) |

---

\* Filed herewith.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on January 25, 2023.

---

| | |
|:---|:---|
|  | IDEANOMICS, INC. |
| By: | */s/ Alfred P. Poor* |
|  | Alfred P. Poor |
|  | Chief Executive Officer |
| By: | */s/ Stephen Johnston* |
|  | Stephen Johnston |
|  | Chief Financial Officer |

---

**POWER OF ATTORNEY**

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Alfred P. Poor and Stephen Johnston and each of them, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution for him or her, and in his or her name in any and all capacities, in connection with this Registration Statement, including to sign and file in the name and on behalf of the undersigned as director or officer of the registrant any and all amendments or supplements (including any and all stickers and post-effective amendments) to this Registration Statement, with all exhibits thereto, and other documents in connection therewith with the U.S. Securities and Exchange Commission and any applicable securities exchange or securities self-regulatory body, granting unto said attorney-in-fact and agent, with full power and authority to do and perform each and every act and things requisite or necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agents, or any substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| */s/ Alfred P. Poor* |  |  |
| Alfred P. Poor | Chief Executive Officer (Principal Executive Officer), Director | January 25, 2023 |
| */s/ Stephen Johnston* |  |  |
| Stephen Johnston | Chief Financial Officer (Principal Financial Officer) | January 25, 2023 |
| */s/ Shane McMahon* |  |  |
| Shane McMahon | Chairman | January 25, 2023 |
| */s/ James S. Cassano* |  |  |
| James S. Cassano | Director | January 25, 2023 |
| */s/ Jerry Fan* |  |  |
| Jerry Fan | Director | January 25, 2023 |

---

## Exhibit 5.1

**Exhibit 5.1**

---

| | |
|:---|:---|
| &nbsp;&nbsp;![](image_003.gif) | &nbsp;&nbsp;![](image_003.gif) |
| &nbsp;&nbsp; **50 West Liberty Street, Suite 1000, Reno, Nevada 89501-1950**<br> **Telephone: 775.323.1980** | &nbsp;&nbsp; **3960 Howard Hughes Parkway, Suite 500, Las Vegas, Nevada 89169**<br> **Telephone: 702.387.6073** |

---

January 25, 2023

Ideanomics, Inc.

1441 Broadway, Suite 5116

New York, New York 10018

---

| | |
|:---|:---|
| ***Re:*** | ***Ideanomics, Inc./Registration Statement on Form S-8*** |

---

Ladies and Gentlemen:

We have acted as special Nevada counsel to Ideanomics, Inc., a Nevada corporation (the "Company"), in connection with the registration by the Company of 63,200,000 shares (the "Shares") of its common stock, $0.001 par value (the "Common Stock"), that may be issued pursuant to the Company's Amended and Restated 2010 Equity Incentive Plan, as last amended on September 27, 2022 (the "Plan"). The Shares are to be registered on Form S-8 (the "Registration Statement") under the Securities Act of 1933, as amended ("Securities Act"), as filed with the Securities and Exchange Commission ("Commission").

For purposes of these opinions, we have examined originals or copies, certified or otherwise identified to our satisfaction, of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Registration Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Articles of Incorporation of the Company filed with the Nevada Secretary of State on October 19, 2004 ("Original Articles"), as amended by (i) Articles of Merger Pursuant to NRS 92A.200 filed with the Nevada Secretary of State on December 15, 2004 ("Articles of Merger"), (ii) Certificate of Amendment to Articles of Incorporation For Nevada Profit Corporations filed with the Nevada Secretary of State on January 27, 2005 ("First Amendment"), (iii) Certificate of Amendment to Articles of Incorporation For Nevada Profit Corporations filed with the Nevada Secretary of State on May 7, 2007 ("Second Amendment"), (iv) Certificate of Amendment to Articles of Incorporation For Nevada Profit Corporations filed with the Nevada Secretary of State on July 8, 2010 ("Third Amendment"), (v) Certificate of Amendment to Articles of Incorporation For Nevada Profit Corporations filed with the Nevada Secretary of State on February 23, 2011 ("Fourth Amendment"), (vi) Certificate of Amendment to Articles of Incorporation For Nevada Profit Corporations filed with the Nevada Secretary of State on February 9, 2012 ("Fifth Amendment"), (vii) Certificate of Amendment to Articles of Incorporation for Nevada Profit Corporations filed with the Nevada Secretary of State on November 2, 2016 ("Sixth Amendment"); (viii) Certificate of Amendment to Articles of Incorporation for Nevada Profit Corporations filed with the Nevada Secretary of State on July 12, 2017 ("Seventh Amendment"); and (ix) Certificate of Amendment to Articles of Incorporation for Nevada Profit Corporations filed with the Nevada Secretary of State on October 17, 2018 ("Eighth Amendment") and collectively with the Original Articles, the Articles of Merger, the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, and the Seventh Amendment, the "Articles of Incorporation");

January 25, 2023

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the Second Amended and Restated Bylaws of the Company, adopted on January 31, 2014, as amended on March 26, 2015, on November 20, 2015, and on November 10, 2021;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the Plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) forms of Stock Option Agreement and Notice of Restricted Shares Grant for the grant of awards under the Plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) certain resolutions of the Compensation Committee and the Board of Directors of the Company relating to the amendment of the Plan and such other matters as relevant;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) the Company's Schedule 14A Information Statement as filed with the Commission on October 21, 2022, describing the Plan and requesting approval of the Plan by the stockholders of the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) the Company's Form 8-K as filed with the Commission on November 28, 2022, describing the approval of the Plan by the stockholders of the Company.

We also have examined originals or copies, certified or otherwise identified to our satisfaction, of such records of the Company and other documents, certificates, and records as we have deemed necessary or appropriate as a basis for the opinions set forth herein.

In our examination we have assumed the legal capacity of all natural persons, the genuineness of all signatures, the authenticity of all documents submitted to us as originals, and the conformity to original documents of all documents submitted to us as facsimile, electronic, certified, or photostatic copies. We have relied upon the accuracy and completeness of the information, factual matters, representations, and warranties contained in such documents. In our examination of documents, we have assumed that the parties thereto, other than the Company, had the power, corporate or other, to enter into and perform all obligations thereunder and, other than with respect to the Company, the due authorization by all requisite action, corporate or other, the execution and delivery by all parties of the documents, and the validity and binding effect thereof on such parties.

January 25, 2023

In rendering the opinions set forth below, we have also assumed that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) at or prior to the time of issuance and delivery, the Shares will be registered by the transfer agent and registrar of such Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Company will keep reserved a sufficient number of shares of its Common Stock to satisfy its obligations for issuances of the Shares under the Plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) upon issuance of any of the Shares, the total number of shares of the Company's Common Stock issued and outstanding will not exceed the total number of shares of Common Stock that the Company is then authorized to issue under its Articles of Incorporation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) each stock grant, stock option, or other security exercisable or exchangeable for a Share under the Plan has been, or will be, duly authorized, validly granted, and duly exercised or exchanged in accordance with the terms of the Plan, at the time of any grant of a Share or exercise of such stock option or other security under the Plan.

The opinions set forth below are also subject to the further qualification that the enforcement of any agreements or instruments referenced herein and to which the Company is a party may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, or other similar laws affecting creditors' rights generally and by general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law).

Based on such examination, we are of the opinion that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Shares that have been or may be issued under the Plan are duly authorized shares of the Company's Common Stock; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if, as, and when issued against receipt of the consideration therefor in accordance with the provisions of the Plan and in accordance with the Registration Statement, the Shares will be validly issued, fully paid, and nonassessable.

The opinions expressed herein are limited to the matters specifically set forth herein and no other opinion shall be inferred beyond the matters expressly stated. We disclaim any undertaking to advise you of any subsequent changes in the facts stated or assumed herein or any changes in applicable law that may come to our attention subsequent to the date the Registration Statement is declared effective.

While certain members of this firm are admitted to practice in certain jurisdictions other than Nevada, in rendering the foregoing opinions we have not examined the laws of any jurisdiction other than Nevada. Accordingly, the opinions we express herein are limited to matters involving the laws of the State of Nevada (other than securities laws as to which we express no opinion). We express no opinion regarding the effect of the laws of any other jurisdiction or state, including any federal securities laws related to the issuance and sale of the Shares.

January 25, 2023

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and we consent to the reference of our name under the caption "Legal Matters" in the Prospectus forming a part of the Registration Statement. In giving the foregoing consent, we do not hereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission thereunder.

---

| |
|:---|
| Very truly yours, |
| /s/ Sherman & Howard L.L.C. |
| SHERMAN & HOWARD L.L.C. |

---

## Exhibit 23.1

**Exhibit 23.1**

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated September 2, 2022, except for Note 26, as to which the date is December 23, 2022, relating to the consolidated financial statements of Ideanomics, Inc. and Subsidiaries (the "Company") appearing in the Annual Report on Form 10-K of the Company for the year ended December 31, 2021.

![](image_001.jpg)

---

| |
|:---|
| &nbsp;&nbsp;Grassi & Co., CPAs, P.C. |
| &nbsp;&nbsp;Jericho, New York |
| &nbsp;&nbsp;January 25, 2023 |

---

## Ex-Filing

**Exhibit 107**

**Calculation of Filing Fees Table**

**FORM S-8**

(Form Type)

**Ideanomics, Inc.**

(Exact Name of Registrant as Specified in its Charter)

<u>Table 1: Newly Registered Securities</u>

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Security<br> Type | Security<br> Class Title | Fee<br> Calculation<br> Rule | Amount<br> Registered |  | Proposed<br> Maximum<br> Offering<br> Price Per Share | Maximum<br> Aggregate<br> Offering Price |  | Fee Rate | Amount of<br> Registration<br> Fee |
| Equity to be issued under the Ideanomics, Inc. 2010 Amended and Restated Equity Incentive Plan | Common Stock, par value $0.001 per share | Other | $63200000.00 | (1) | $0.18 | $11376000.00 | (2) | 0.00011020 | $1253.64 |
| Total Offering Amounts | Total Offering Amounts | Total Offering Amounts |  |  |  | $11376000.00 | (2) |  | $1253.64 |
| Total Fee Offsets | Total Fee Offsets | Total Fee Offsets |  |  |  |  |  |  |  |
| Net Fee Due | Net Fee Due | Net Fee Due |  |  |  |  |  |  | $1253.64 |

---

<sup>(1)</sup> Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement on Form S-8 shall also cover any additional shares of Common Stock of the Registrant as may become available for issuance pursuant to the Ideanomics, Inc. Amended and Restated 2010 Equity Incentive Plan by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration that results in an increase in the number of the Registrant's outstanding shares of Common Stock.

<sup>(2)</sup> Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and Rule 457(h) under the Securities Act, the proposed maximum offering price per share, the proposed maximum aggregate offering price and the amount of registration fee have been computed based on the average high and low prices per share of the Common Stock reported on the Nasdaq Capital Market on January 20, 2023.