Item 2.01. Completion of Acquisition or Disposition of Assets

As previously disclosed, on November 10, 2020, Ideanomics, Inc. ("Ideanomics") entered into a stock purchase agreement (the "Agreement") with Timios Holding Corp. ("Timios") pursuant to which Ideanomics agreed to acquire 100% of the outstanding capital stock of Timios (the "Acquisition") subject to the terms set forth in the Agreement. The Agreement was previously disclosed in the Company's Current Report on Form 8-K filed with the Commission on November 11, 2020, Item 1.01 of which is incorporated by reference herein.

On January 8, 2021, Ideanomics closed the Acquisition. At Closing, Ideanomics acquired 100% of the outstanding capital stock of Timios for approximately $40,000,000 in cash consideration.

The foregoing description of the Agreement and the Acquisition does not purport to be complete, and is qualified in its entirety by reference to the terms and conditions of the Agreement, a copy of which was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Commission on November 11, 2020, and which is incorporated by reference herein.

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