Ideanomics, Inc. (NasdaqCM:IDEX) announced a private placement of a redeemable convertible note debenture for gross proceeds of $37,500,000 with returning investor YA II PN, Ltd., a fund managed by Yorkville Advisors Global LP. on January 15, 2021. The debenture note with number, IDEX-011521, is convertible into common shares at a fixed conversion price of $3.31 per share. The note will mature on July 15, 2021 and is issued at par. The note bears interest of 4% per annum. The note is optionally redeemable prior to maturity at par.