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<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0"><B>As filed with the Securities and Exchange Commission on September
13, 2019</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Registration No. 333-</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>SECURITIES AND EXCHANGE
COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>FORM S-1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>INPIXON</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(Exact name of registrant
as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 52%; text-align: center; padding-right: 0; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt"><B>Nevada</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-right: 0; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 47%; text-align: center; padding-right: 0; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt"><B>88-0434915</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center; padding-right: 0"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">(State
                                         or other jurisdiction of</FONT></P>
                                                                          <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">incorporation
                                         or organization)</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center; padding-right: 0"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">(I.R.S.
                                         Employer</FONT></P>
                                                                          <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">Identification
                                         Number)</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>2479 E. Bayshore Road,
Suite 195</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Palo Alto, CA 94303</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>(408) 702-2167</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(Address, including zip
code, and telephone number, including area code, of registrant&rsquo;s principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Nadir Ali</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Chief Executive Officer</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Inpixon</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>2479 E. Bayshore Road,
Suite 195</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Palo Alto, CA 94303</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>(408) 702-2167</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">(Name, address, including
zip code, and telephone number, including area code, of agent for service)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>with copies to:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Melanie Figueroa,
Esq.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Mitchell Silberberg
&amp; Knupp LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>437 Madison Avenue,
25<SUP>th</SUP> Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>New York, NY 10022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>(917) 546-7707</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Approximate date of commencement of proposed
sale to the public:</B>&nbsp;As soon as practicable after this Registration Statement is declared effective.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">If any of the securities
being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act
of 1933, check the following box.&nbsp;<FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9746;</FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">If this Form is filed
to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and
list the Securities Act registration statement number of the earlier effective registration statement for the same offering.&nbsp;<FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">If this Form is a post-effective
amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering.&nbsp;<FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">If this Form is a post-effective
amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering.&nbsp;<FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">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 &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo;
&ldquo;smaller reporting company&rdquo; and &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 24%; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Large accelerated filer</FONT></TD>
    <TD STYLE="width: 47%; text-align: justify; padding-right: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="width: 28%; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Accelerated filer</FONT></TD>
    <TD STYLE="width: 1%; text-align: justify; padding-right: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Non-accelerated filer</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Smaller reporting company</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9746;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Emerging growth company</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif; font-size: 10pt">&#9746;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">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 to Section&nbsp;7(a)(2)(B) of the Securities Act. <FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9746;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>CALCULATION OF REGISTRATION
FEE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title
    of each class of<BR> securities to be registered(1)</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Amount
                                         to be<BR>
                                         Registered(1)&nbsp;</B></FONT></P></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposed
                                         </B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Maximum
                                         </B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Offering
                                         Price </B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>per
                                         Share(2)</B>&nbsp;</FONT></P></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Proposed
                                         </B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Maximum
                                         </B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Aggregate
                                         </B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Offering
                                         Price(2)</B>&nbsp;</FONT></P></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B>&nbsp;</FONT></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B>&nbsp;</FONT></P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Amount
                                         of </B></FONT></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Registration
                                         Fee</B></FONT></P></TD><TD STYLE="padding-bottom: 1.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 51%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 10%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 9%; text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255); font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Common Stock, $0.001 par value</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8,932,972</FONT></TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.134</FONT></TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,197,018.25</FONT></TD><TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</FONT></TD><TD STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">145.08</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.25in">(1)</TD>
    <TD STYLE="text-align: justify">The shares will be offered for resale by the selling stockholders. Pursuant to Rule 416 of
    the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;), this registration statement also covers such additional
    number of shares of common stock that may become issuable as a result of any stock splits, stock dividends, or other similar
    transactions.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; width: 0.25in">(2)</TD>
    <TD STYLE="text-align: justify">Estimated solely for the purpose of computing the registration fee. The proposed maximum offering
    price per share and maximum aggregate offering price for the shares being registered hereby are calculated in accordance with
    Rule 457(c) under the Securities Act using the average of the high and low sales price per share of the registrant&rsquo;s
    common stock on September 10, 2019, as reported on the Nasdaq Capital Market.</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>The registrant hereby amends this registration
statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment
that specifically states that this registration statement shall thereafter become effective in accordance with Section&nbsp;8(a)&nbsp;of
the Securities Act or until this registration statement shall become effective on such date as the Securities and Exchange Commission,
acting pursuant to said Section&nbsp;8(a), may determine.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="color: Red"><B>The information
in this preliminary prospectus is not complete and may be changed. The selling stockholders may not sell these securities until
the registration statement filed with the Securities and Exchange Commission is declared effective. This preliminary prospectus
is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any state where the offer
or sale is not permitted.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Red">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 34%; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt; color: Red">PRELIMINARY PROSPECTUS</FONT></TD>
    <TD STYLE="width: 33%; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt; color: Red">SUBJECT TO COMPLETION</FONT></TD>
    <TD STYLE="width: 33%; text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt; color: Red">DATED SEPTEMBER 13,
    2019</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="color: Red">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Sans-Serif; margin: 0; text-align: center">&nbsp;<IMG SRC="logo_001.jpg" ALT=""></P>

<P STYLE="font: 10pt Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>8,932,972 shares of common stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">On
June 27, 2019, we acquired certain assets of GTX Corp, or GTX, consisting of a portfolio of global positioning system, or GPS,
technologies and intellectual property, in accordance with the terms and conditions of an Asset Purchase Agreement, dated June
27, 2019, or the Asset Purchase Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">On
August 15, 2019, we acquired through Inpixon Canada, Inc., our wholly owned subsidiary, all of the issued and outstanding shares
of Jibestream Inc., or Jibestream, a provider of indoor mapping and location technology, in accordance with the terms and conditions
of a Share Purchase Agreement, by and among us, Jibestream, Inpixon Canada, Inc., each of the persons set forth on
Exhibit A of the Share Purchase Agreement, or the Vendors, and Chris Wiegand, as a Vendor and Vendor&rsquo;s representative, dated
July 9, 2019, as amended, or the Purchase Agreement. As a result of the transaction, Jibestream became an indirect, wholly owned
subsidiary of our company. In connection with the acquisition of Jibestream, we issued 5,068,969 shares of our common stock to
the Vendors, of which 309,187 shares of common stock, or the Holdback Shares, are subject forfeiture to secure certain indemnification
and other obligations of the Vendors, and we agreed to issue 2,864,003 shares of common stock, or the Excess Shares, upon the
receipt of stockholder approval of such shares, in accordance with and as required by the Nasdaq Listing Rules.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">This
prospectus relates to the resale at various times by (i) GTX of up to 1,000,000 shares of our common stock issued to GTX pursuant
to the Asset Purchase Agreement and (ii) the Vendors of up to 7,932,972 shares of our common stock, which include the Holdback
Shares and the Excess Shares. Such shares of our common stock are referred to herein as the &ldquo;Stock Consideration&rdquo;.
GTX and the Vendors are referred to herein as the &ldquo;selling stockholders.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">We
are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of shares by the selling
stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">The
selling stockholders may sell the shares of common stock described in this prospectus in a number of different ways and at varying
prices. See &ldquo;Plan of Distribution&rdquo; for more information about how the selling stockholders may sell the shares of
common stock being registered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">We
will pay the expenses incurred in registering the shares, including legal and accounting fees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">Our
common stock is listed on the Nasdaq Capital Market under the symbol &ldquo;INPX.&rdquo; On September 9, 2019, the closing price
of our common stock as reported by the Nasdaq Capital Market was $0.14 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are an &ldquo;emerging
growth company&rdquo; as defined under the federal securities laws and, as such, may elect to comply with certain reduced public
company reporting requirements for future filings. As an emerging growth company, we are able to take advantage of an extended
transition period to comply with new or revised accounting standards applicable to public companies. We chose to &ldquo;opt out&rdquo;
of this provision. Therefore, we are subject to the same new or revised accounting standards as other public companies that are
not emerging growth companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>An investment in our
common stock involves a high degree of risk. See &ldquo;Risk Factors&rdquo; on page 8 of this prospectus for more information
on these risks.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>Neither the Securities
and Exchange Commission nor any state securities commission has approved or disapproved of these securities, or passed upon the
adequacy or accuracy of this prospectus.&nbsp; Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">The date of this prospectus is&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>TABLE OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 90%; padding-right: 0; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: Black 1.5pt solid; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt"><B>Page</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt"><A HREF="#b_01">CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS</A></FONT></TD>
    <TD STYLE="text-align: center; padding-right: 0">ii</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt"><A HREF="#b_02">PROSPECTUS SUMMARY</A></FONT></TD>
    <TD STYLE="padding-right: 0; text-align: center">1</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><A HREF="#b_03"><FONT STYLE="font-size: 10pt">THE OFFERING</FONT></A></TD>
    <TD STYLE="text-align: center; padding-right: 0">7</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt"><A HREF="#b_04">RISK FACTORS</A></FONT></TD>
    <TD STYLE="padding-right: 0; text-align: center">8</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><A HREF="#b_05"><FONT STYLE="font-size: 10pt">USE OF PROCEEDS</FONT></A></TD>
    <TD STYLE="padding-right: 0; text-align: center">11</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0"><A HREF="#b_06"><FONT STYLE="font-size: 10pt">DESCRIPTION OF CAPITAL STOCK</FONT></A></TD>
    <TD STYLE="text-align: center; padding-right: 0">12</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><A HREF="#b_07"><FONT STYLE="font-size: 10pt">SELLING STOCKHOLDERS</FONT></A></TD>
    <TD STYLE="padding-right: 0; text-align: center">17</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0"><A HREF="#b_08"><FONT STYLE="font-size: 10pt">PLAN OF DISTRIBUTION</FONT></A></TD>
    <TD STYLE="padding-right: 0; text-align: center">19</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><A HREF="#b_09"><FONT STYLE="font-size: 10pt">LEGAL MATTERS</FONT></A></TD>
    <TD STYLE="padding-right: 0; text-align: center">21</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0"><A HREF="#b_10"><FONT STYLE="font-size: 10pt">EXPERTS</FONT></A></TD>
    <TD STYLE="padding-right: 0; text-align: center">21</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><A HREF="#b_11"><FONT STYLE="font-size: 10pt">WHERE YOU CAN FIND MORE INFORMATION</FONT></A></TD>
    <TD STYLE="padding-right: 0; text-align: center">21</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 0"><A HREF="#b_12"><FONT STYLE="font-size: 10pt">INFORMATION INCORPORATED BY REFERENCE</FONT></A></TD>
    <TD STYLE="padding-right: 0; text-align: center">22</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">You should rely only on
the information contained or incorporated by reference in this prospectus. We have not authorized any other person to provide
you with different information. If anyone provides you with different or inconsistent information, you should not rely on it.
This prospectus may only be used where it is legal to offer and sell shares of our common stock. If it is against the law in any
jurisdiction to make an offer to sell these shares, or to solicit an offer from someone to buy these shares, then this prospectus
does not apply to any person in that jurisdiction, and no offer or solicitation is made by this prospectus to any such person.
You should assume that the information appearing in this prospectus is accurate only as of the date on the front cover of this
prospectus, regardless of the time of delivery of this prospectus or of any sale of common stock. Our business, financial condition,
results of operations and prospects may have changed since such date. Information contained on our website is not a part of this
prospectus.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_01"></A>CAUTIONARY NOTE CONCERNING FORWARD-LOOKING
STATEMENTS</B></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">This prospectus contains
forward-looking statements that involve risks and uncertainties. You should not place undue reliance on these forward-looking
statements. Our actual results could differ materially from those anticipated in the forward-looking statements. In some cases,
you can identify these forward-looking statements by terms such as &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo; &ldquo;continue,&rdquo;
&ldquo;could,&rdquo; &ldquo;depends,&rdquo; &ldquo;estimates,&rdquo; &ldquo;expects,&rdquo; &ldquo;intends,&rdquo; &ldquo;may,&rdquo;
&ldquo;ongoing,&rdquo; &ldquo;plan,&rdquo; &ldquo;potential,&rdquo; &ldquo;predict,&rdquo; &ldquo;project,&rdquo; &ldquo;should,&rdquo;
&ldquo;will,&rdquo; &ldquo;would&rdquo; or the negative of those terms or other similar expressions, although not all forward-looking
statements contain those words.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We have based these forward-looking
statements largely on our current expectations and projections about future events and financial trends that we believe may affect
our financial condition, results of operations, business strategy and financial needs. These forward-looking statements are subject
to a number of known and unknown risks, uncertainties and assumption<FONT STYLE="font-family: Times New Roman, Times, Serif">s,
including risks described in the section titled &ldquo;<I>Risk Factors</I>&rdquo; and elsewhere in this prospectus, regarding,
among other things:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         limited cash and our history of losses;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         ability to achieve profitability;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         limited operating history with recent acquisitions;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         ability to successfully integrate companies we acquire;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">emerging
                                         competition and rapidly advancing technology in our industry that may outpace our technology;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">customer
                                         demand for the products and services we develop;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">the
                                         impact of competitive or alternative products, technologies and pricing;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         ability to manufacture any products we develop;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">general
                                         economic conditions and events and the impact they may have on us and our potential customers;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         ability to obtain adequate financing in the future;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         ability to continue as a going concern;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         ability to consummate strategic transactions, which may include acquisitions, mergers,
                                         dispositions or investments;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">uncertainty
                                         relating to the ongoing SEC investigation; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">our
                                         success at managing the risks involved in the foregoing items.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">These
risks are not exhaustive. Other sections of this prospectus, including the documents incorporated by reference herein, may include
additional factors that could adversely affect our business and financial performance. Moreover, we operate in a very competitive
and rapidly changing environment. New risk factors emerge from time to time, and it is not possible for our management to predict
all risk factors nor can we assess the impact of all factors on our business or the extent to which any factor, or combination
of factors, may cause actual results to differ materially from those contained in, or implied by, any forward-looking</FONT> statements.
You should read this prospectus with the understanding that our actual future results, levels of activity, performance and achievements
may be materially different from what we expect. Except as required by law, we undertake no obligation to update publicly any
forward looking statements for any reason after the date of this prospectus or to conform these statements to actual results or
to changes in our expectations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We qualify all of our
forward-looking statements by these cautionary statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Unless otherwise stated
or the context otherwise requires, the terms &ldquo;Inpixon,&rdquo; &ldquo;we,&rdquo; &ldquo;us,&rdquo; &ldquo;our,&rdquo; &ldquo;our
company&rdquo; and the &ldquo;Company&rdquo; refer collectively to Inpixon and its subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 7.5pt; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<DIV STYLE="padding: 5; border: Black 1.5pt solid; width: 97%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B><A NAME="b_02"></A>PROSPECTUS SUMMARY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>The following summary
highlights information contained elsewhere or incorporated by reference in this prospectus. This summary may not contain all of
the information that may be important to you. You should read this entire prospectus carefully, including the matters discussed
under the heading &ldquo;Risk Factors&rdquo; in this prospectus.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>The Company</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are a technology company
that helps to secure, digitize and optimize any premises with Indoor Positioning Analytics, sometimes referred to herein as &ldquo;IPA,&rdquo;
for businesses and governments in the connected world. Inpixon Indoor Positioning Analytics is based on new sensor technology
that finds all accessible cellular, Wi-Fi, Bluetooth and RFID signals anonymously. Paired with a high-performance, data analytics
platform, this technology delivers visibility, security and business intelligence on any commercial or government premises worldwide.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Inpixon Indoor Pos<FONT STYLE="font-family: Times New Roman, Times, Serif">itioning
Analytics offer:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">New
                                         sensors with proprietary technology that can find all accessible cellular, Wi-Fi, Bluetooth
                                         and RF signals. Utilizing various radio signal technologies ensures precision device
                                         positioning accurately down to an arm&rsquo;s length. This enables highly detailed understanding
                                         of customer journeys and dwell time in retail scenarios, detection and identification
                                         of authorized and unauthorized devices, and prevention of rogue devices through alert
                                         notification when unknown devices are detected in restricted areas.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Data
                                         science analytics with lightning fast data mining using an in-memory database that uses
                                         a dynamic blend of RAM and NAND along with specially optimized algorithms that both minimize
                                         data movement and maximize system performance. This enables the system to deliver reports
                                         with valuable insights to the user as well as to integrate with common third party visualization,
                                         charting, graphing and dashboard systems.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Insights
                                         that deliver visibility and business intelligence about detailed customer journey and
                                         flow analysis of in-stores and storefronts allowing businesses to better understand customer
                                         preferences, measure campaign effectiveness, uncover revenue opportunities and deliver
                                         exceptional shopping experiences.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Inpixon
Indoor Positio</FONT>ning Analytics can assist all types of establishments, including brands, retailers, shopping malls and shopping
centers, hotels and resorts, gaming operators, airports, healthcare facilities, office buildings and government agencies, by providing
greater security, gaining better business intelligence, increasing consumer confidence and reducing risk while being compliant
with applicable &ldquo;Personal Identifiable Information&rdquo; regulations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Our Products and Services</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We provide the following
products and services that may be used by any number of businesses and government agencies, including but not limited to<FONT STYLE="font-family: Times New Roman, Times, Serif">,
commercial offices, retail locations, airports, hospitals, financial institutions, hospitality venues and educational institutions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><I>Inpixon
                                         Security (formerly AirPatrol ZoneDefense)</I></B>&nbsp;&ndash; This is a mobile security
                                         and detection suite of products that locates devices operating within a monitored area,
                                         determines their compliance with network security policies for that zone, and if the
                                         device is not compliant, can trigger policy modification of device apps and/or features
                                         either directly or via third party mobile device, application and network management
                                         tools. As explained further below, our recent acquisition of Locality Systems Inc. (&ldquo;Locality&rdquo;)
                                         enhanced this product by allowing us to offer Locality&rsquo;s solution, which provides
                                         radio frequency (&ldquo;RF&rdquo;) augmentation of video monitoring systems, to our customers.
                                         Our smart school safety network technology, recently acquired from GTX Corp as explained
                                         further below, further strengthens this product line and will assist school staff and
                                         first responders with locating students during emergency situations.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><I>Inpixon
                                         Intelligence (formerly AirPatrol ZoneAware)</I></B>&nbsp;&ndash; This is a commercial
                                         product for enabling location and/or context-based marketing services and information
                                         delivery to mobile devices based on zones as small as 10 feet or as large as a square
                                         mile. The monitored areas may include a building, a campus, a mall, and outdoor regions
                                         like a downtown. Unlike other mobile locationing technologies, our technologies use passive
                                         sensors that work over both cellular and Wi-Fi networks and offer device locationing
                                         and zone-based app and information delivery accurate to within 10 feet. Additionally,
                                         unlike geo-fencing systems, our technologies are capable of simultaneously enabling different
                                         policies and delivering different apps or information to multiple devices within the
                                         same zone based on contexts such as the type of device, the device user and time of day.
                                         Our recent acquisition of Locality enhanced this product by allowing us to now offer
                                         a lower cost, Wi-Fi only solution to customers who may later upgrade to our full Inpixon
                                         Intelligence solution.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B><I>Shoom
                                         Products</I></B>&nbsp;(eTearsheets; eInvoice, AdDelivery, ePaper) &ndash; The Shoom products
                                         are Cloud based applications and analytics for the media and publishing industry. These
                                         products also generate critical data analytics for the customers.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 20pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>IPA
Product Enhancements</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As a company in the information
and technology industry, keeping up with the technological advancements within the industry is critical to our long-term success
and growth. As a result, our senior management must continuously work to ensure that they remain informed and prepared to quickly
adapt and leverage new technologies within our product and service offering as such technologies become available. In connection
with that goal, our product roadmap development plans include the use of blockchain technology to maintain and propagate device
reputation, enforcing security policies and attaining compliance, artificial intelligence for amassing anonymous device information,
integrating video image analytics for additional attributes, ultra-wideband technology for asset tracking and a voice-assisted
analytics interface.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Corporate Structure</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We have three operating subsidiaries: (i) Inpixon Canada, Inc. (100% ownership) based in Coquitlam, British
Columbia; (ii) Jibestream Inc., (100% indirect ownership through Inpixon Canada, Inc.); and (iii) Sysorex India (82.5% ownership)
based in Hyderabad, India.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Although the subsidiaries
are separate legal entities, we are currently structured by function and organized to operate in an integrated fashion as one
business.<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Corporate Strategy</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Management continues to
pursue a corporate strategy that is focused on building and developing our business as a provider of turnkey solutions ranging
from the collection of data to delivering insights from that data to our customers with a focus on securing, digitizing and optimizing
premises with IPA for businesses and governments. In connection with such strategy and in order to facilitate our long-term growth,
we are evaluating various strategic transactions and acquisitions of companies with technologies and intellectual property (&ldquo;IP&rdquo;)
that complement such goals by adding technology, differentiation, customers and/or revenue. We are primarily looking for accretive
opportunities that have business value and operational synergies. We believe these complimentary technologies will allow us to
provide a comprehensive Indoor Positioning Platform, or one-stop shop to our customers.&nbsp;We believe that acquiring complementary
products and/or IP will add value to the Company. Candidates with proven technologies that complement our overall strategy may
come from anywhere in the world, so long as there are strategic and financial reasons to make the acquisition. If we make any
acquisitions in the future, we expect that we may pay for such acquisitions using our equity securities, cash and debt financing
in combinations appropriate for each acquisition. In connection with this strategy, on May 21, 2019, we acquired Locality, a technology
company based near Vancouver, Canada, specializing in wireless device positioning and radio frequency (&ldquo;RF&rdquo;) augmentation
of video surveillance systems. In addition, on June 27, 2019, we acquired certain global positioning system (&ldquo;GPS&rdquo;)
products, software, technologies, and intellectual property from GTX, a U.S. based company specializing in GPS technologies. These
transactions expand our patent portfolio and includes certain granted or licensed patents and GPS and RF technologies. Furthermore,
on August 15 2019, we acquired Jibestream Inc., a provider of highly configurable indoor mapping and location platforms to expand
our suite of products. This acquisition allows us to use Jibestream&rsquo;s mapping technology with our existing indoor positioning
offerings to offer our customers a more comprehensive suite of products going forward.</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Acquisition of Locality Systems</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 21, 2019, we completed
through our subsidiary, Inpixon Canada, Inc., our acquisition of Locality pursuant to the terms of a Share Purchase Agreement.
Locality is a British Columbia corporation that specializes in wireless device positioning and RF augmentation of video surveillance
systems. Locality&rsquo;s video management system (&ldquo;VMS&rdquo;) integration, currently available for a number of VMS vendors,
can assist security personnel in identifying potential suspects and tracking their movements cross-camera and from one facility
to another. The solution is designed to enhance traditional security video feeds by correlating RF signals with video images.
Based on third-party market research, the video surveillance market is forecasted to grow from $36.9 billion in 2018 to $68.3
billion by 2023, at a compound annual growth rate, or CAGR, of 13.1%. In addition, this technology can be used within the casino
management market, which is estimated to grow to $12 billion by 2025, at a CAGR of 14.8% and can help retail customers mitigate
the harm caused by organized retail crime, which is estimated to cost the retail industry nearly $30 billion per year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">At closing, the owners
of all of the issued and outstanding capital stock of Locality sold all of their shares in exchange for consideration of (i) USD
$1,500,000 (the &ldquo;Aggregate Cash Consideration&rdquo;) (A) minus the amount by which the Estimated Working Capital (as defined
in the Share Purchase Agreement) is less than the Working Capital Target (as defined in the Share Purchase Agreement), or (B)
plus the amount by which the Estimated Working Capital is greater than the Working Capital Target (as the case may be, the &ldquo;Estimated
Working Capital Adjustment&rdquo;), and (ii) 650,000 shares of the Company&rsquo;s common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Aggregate Cash Consideration,
minus or plus (as the case may be) the Estimated Working Capital Adjustment to be applied against the Aggregate Cash Consideration
(which will be calculated within 90 days of closing), will be paid in installments as follows: (i) the initial installment representing
$250,000 minus or plus (as the case may be) the Estimated Working Capital Adjustment, which was paid at closing; (ii) three additional
installments each equal to $250,000, which will be paid every six months following closing; and (iii) one final installment representing
$500,000, which will be paid on the second anniversary of closing, in each case minus the cash fees payable to the advisor in
connection with the acquisition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Issuance of Common Stock to the Selling
Stockholders </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Acquisition of Certain Assets of GTX Corp</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 27, 2019, we completed
its acquisition of certain assets of GTX pursuant to the terms of the Asset Purchase Agreement. The assets consisted of a portfolio
of GPS technologies and intellectual property, including, but not limited to (a) an intellectual property portfolio that includes
a registered patent, along with more than 20 pending patent applications or licenses to registered patents or pending applications
relating to GPS technologies; (b) a smart school safety network (&ldquo;SSSN&rdquo;) solution that consists of a combination of
wristbands, gateways and proprietary backend software, which rely on the Bluetooth Low-Energy protocol and a low-power enterprise
wireless 2.4Ghz platform, to help school administrators identify the geographic location of students or other people or things
(e.g., equipment, vehicles, tools, etc.) in order to, among other things, ensure the safety and security of students while at
school; (c) a personnel equipment tracking system and ground personnel safety system, which includes a combination of hardware
and software components, for a GPS and RF based personnel, vehicle and asset-tracking solution designed to provide ground situational
awareness and near real-time surveillance of personnel and equipment traveling within a designated area for, among other things,
government and military applications and (d) a right to 30% of royalty payments that may be received by GTX in connection with
its ownership interest in Inventergy LBS, LLC (&ldquo;Inventergy&rdquo;) which is the owner of certain patents related to methods
and systems for communicating with a tracking device (collectively, the &ldquo;Assets&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>
</DIV>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<DIV STYLE="padding: 5; border: Black 1.5pt solid; width: 97%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We acquired the Assets
for aggregate consideration consisting of (i) $250,000 in cash delivered at the closing (the &ldquo;Cash Consideration&rdquo;)
and (ii) 1,000,000 shares of our common stock. In addition, 100,000 of such shares are subject to certain holdback restrictions
and forfeiture for the purpose of satisfying indemnification claims.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In accordance with
the terms of the Asset Purchase Agreement, as amended, we agreed to file a resale registration statement to register the shares
issued to GTX for resale. This prospectus forms a part of such registration statement. Under certain circumstances, we agreed to
loan GTX, at its option, up to $50,000 per month until the earlier of the effectiveness of the registration statement or the date
on which such shares may be sold without restriction in accordance with Rule 144 under the Securities Act for up to a maximum of
$250,000 in the aggregate, in accordance with the terms of a promissory note attached as an exhibit to the Asset Purchase Agreement.
Each promissory note will have a maturity date that is 210 days from the issue date of such note and will accrue interest at a
rate of 5% per annum.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><I>Acquisition of Jibestream</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On July 9, 2019, we entered
into the Purchase Agreement with Inpixon Canada, Inc., as purchaser (the &ldquo;Purchaser&rdquo;), Jibestream, each of the persons
set forth on Exhibit A of the Purchase Agreement (each, a &ldquo;Vendor&rdquo; and collectively, the &ldquo;Vendors&rdquo;) and
Chris Wiegand, as a Vendor and Vendors&rsquo; representative, pursuant to which the Purchaser will acquire all of the issued and
outstanding shares of Jibestream (the &ldquo;Shares&rdquo;) on the terms and subject to the satisfaction of the conditions set
forth in the Purchase Agreement (the &ldquo;Transaction&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">On August 15, 2019,
the Transaction closed and Jibestream became an indirect, wholly owned subsidiary of our company. At the closing, the Purchaser
purchased the Shares in exchange for consideration consisting of: (i) CAD $5,000,000 (the &ldquo;Cash Consideration&rdquo;), plus
an amount equal to all cash and cash equivalents held by Jibestream at the closing, minus, if a negative number, the absolute value
of the Estimated Working Capital Adjustment (as defined in the Purchase Agreement), minus any amounts loaned by the Purchaser to
Jibestream to settle any Indebtedness (as defined in the Purchase Agreement) or other fees, minus any cash payments to the holders
of outstanding options to settle any in-the-money options (the &ldquo;Option Payout&rdquo;), minus the deferred revenue costs of
$150,000, and minus the costs associated with the audit and review of the financial statements of Jibestream required by the Purchase
Agreement (collectively, the &ldquo;Estimated Cash Closing Amount&rdquo;); plus (ii) a number of shares of our common stock (the
&ldquo;Inpixon Shares&rdquo;), equal to CAD $3,000,000, after application of the exchange rate quoted by the Royal Bank of Canada
as of August 15, 2019 (the &ldquo;Exchange Rate&rdquo;), divided by $0.2775 per share (the &ldquo;Price Per Share&rdquo;). To the
extent that the Estimated Cash Closing Amount is a negative number, the number of Inpixon Shares will be reduced by the Estimated
Cash Closing Amount, adjusted to U.S. dollars based on the Exchange Rate, divided by the Price Per Share. In addition, Chris Wiegand
was appointed the Vice President of Maps.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the Purchase
Agreement, we agreed to file on or before the thirtieth (30th) day from the closing date of the Transaction an &ldquo;evergreen&rdquo;
shelf registration statement on Form S-1 or Form S-3 pursuant to Rule&nbsp;415 under the Securities Act, providing for an offering
of the Inpixon Shares issued pursuant to the Purchase Agreement on a continuous basis and will use best efforts to cause such
registration statement to become effective no later than the date that is 30 days after the registration statement is filed, and
in any event as soon as practicable after such filing. This prospectus forms a part of such registration statement</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">To the extent that approval
by our stockholders for the issuance of the Inpixon Shares is required by applicable Nasdaq listing rules and is not obtained
prior to December 31, 2019, the Purchaser will pay the portion of the purchase price representing the Inpixon Shares in cash,
and the references to the Holdback Amount (as defined below) set forth in the Purchase Agreement will refer to the corresponding
cash amount paid pursuant to the foregoing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Purchaser will retain
an amount of Inpixon Shares representing fifteen percent (15%) of the value of the Purchase Price (the &ldquo;Holdback Amount&rdquo;)
to secure the indemnification and other obligations of the Vendors in favor of the Purchaser arising out of or pursuant to Article
VIII of the Purchase Agreement and, at the option of the Purchaser, to secure the obligation of the Vendors&rsquo; to pay any
adjustment to the Purchase Price pursuant to Section 2.5 of the Purchase Agreement. The Holdback Amount is to be governed by the
terms and conditions set out in Section 2.6 of the Purchase Agreement, and is to be paid to the Vendors in whole or in part, or
retained by the Purchaser in whole or in part, subject to the terms and conditions set out therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Jibestream provides highly
configurable indoor mapping and location technology. Its platform provides customers with a full-featured geospatial platform
that integrates business data with high-fidelity indoor maps to create smart indoor spaces. This allows customers to create multi-dimensional
and multi-layered indoor maps, which can be added to existing web or mobile applications. Jibestream&rsquo;s technology integrates
with a variety of third-party indoor positioning systems to allow for clear, contextualized indoor wayfinding and directions.
We will use Jibestream&rsquo;s mapping technology with our existing indoor positioning offerings to offer our customers a more
comprehensive suite of products going forward.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Jibestream&rsquo;s products
have applications in any indoor space where location and wayfinding is a concern. Jibestream&rsquo;s existing product solutions
have been deployed in hundreds of venues worldwide and within numerous customer segments including government, airports, malls,
office buildings, and hospitals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Recent Note Financings</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On December 21, 2018,
we issued a promissory note to Iliad Research and Trading, L.P. (&ldquo;Iliad&rdquo;) in the initial principal amount of $1,895,000,
which is payable on or before the date that is 10 months from the issuance date. The initial principal amount includes an original
issue discount of $375,000 and $20,000 that we agreed to pay to Iliad to cover its legal fees, accounting costs, due diligence,
monitoring and other transaction costs. In exchange for the note, Iliad paid an aggregate purchase price of $1,500,000. Interest
on the note accrues at a rate of 10% per annum and is payable on the maturity date or otherwise in accordance with the note. On
August 8, 2019, we entered into a standstill agreement with Iliad, pursuant to which Iliad agreed to not redeem all or any portion
of the principal amount of the note for a period of 90 days from the date of the agreement. As consideration for such agreement,
the outstanding balance of the note was increased by $206,149.23. As of August 8, 2019, the outstanding balance of the note is
$2,268,214.18.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 3, 2019, we issued
a promissory note to Chicago Venture Partners, L.P. (&ldquo;CVP&rdquo;), an affiliate of Iliad, in the initial principal amount
of $3,770,000, which is payable on or before the date that is 10 months from the issuance date. The initial principal amount includes
an original issue discount of $750,000 and $20,000 that we agreed to pay to Iliad to cover its legal fees, accounting costs, due
diligence, monitoring and other transaction costs. In exchange for the note, CVP paid an aggregate purchase price of $3,000,000.
Interest on the note accrues at a rate of 10% per annum and is payable on the maturity date or otherwise in accordance with the
note. As of August 8, 2019, the outstanding balance of the note is $3,872,946.95.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On June 27, 2019, we issued
a second promissory note to CVP in the initial principal amount of $1,895,000, which is payable on or before the date that is
9 months from the issuance date. The initial principal amount includes an original issue discount of $375,000 and $20,000 that
we agreed to pay to CVP to cover its legal fees, accounting costs, due diligence, monitoring and other transaction costs. In exchange
for the note, CVP paid an aggregate purchase price of $1,500,000. Interest on the note accrues at a rate of 10% per annum and
is payable on the maturity date or otherwise in accordance with the note. Pursuant to the terms of the note purchase agreement
entered into in connection with the issuance of the note, we agreed to repay all or a portion of the note in connection with an
equity or equity-linked financing. CVP agreed to waive such repayment. As of August 8, 2019, the outstanding balance of the note
is $1,917,234.70.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On August 8, 2019, we
issued a third promissory note to CVP in the initial principal amount of $1,895,000, which is payable on or before the date that
is 9 months from the issuance date. The initial principal amount includes an original issue discount of $375,000 and $20,000 that
we agreed to pay to CVP to cover its legal fees, accounting costs, due diligence, monitoring and other transaction costs. In exchange
for the note, CVP paid an aggregate purchase price of $1,500,000. Interest on the note accrues at a rate of 9% per annum and is
payable on the maturity date or otherwise in accordance with the note.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>SEC Investigation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In February 2019, we received
a subpoena from the SEC&rsquo;s Division of Enforcement pursuant to a formal SEC order of investigation requiring us to produce
documents and other information relating to our public announcement on January 9, 2018 that we intended to incorporate blockchain
technology into our future product offerings and a public financing transaction undertaken by us in proximity to that announcement.
We have cooperated with the SEC&rsquo;s investigation and have provided documents and information requested in the subpoena, as
modified by agreement with the SEC. Although we believe that we have fully complied with all relevant laws and regulations, there
can be no assurance that the SEC will not commence an enforcement action against us or members of our management, or as to the
ultimate resolution of any enforcement action that the SEC may decide to bring. Under applicable law, the SEC has the ability
to impose significant sanctions on companies and individuals who are found to have violated the provisions of applicable federal
securities laws, including cease and desist orders, civil money penalties, and barring individuals from serving as directors or
officers of public companies. We have expended significant financial and managerial resources responding to the SEC subpoena.
Defending any enforcement action brought by the SEC against us or members of our management would involve further significant
expenditures and the resolution of any such enforcement action could have a material adverse effect on our business, financial
condition, results of operations and cash flows.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Emerging Growth Company</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As a company with less
than $1.07 billion in revenue during our most recently completed fiscal year, we qualify as an &ldquo;emerging growth company&rdquo;
as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012, or the JOBS
Act. As an emerging growth company, we may take advantage of specified reduced disclosure and other requirem<FONT STYLE="font-family: Times New Roman, Times, Serif">ents
that are otherwise applicable, in general, to public companies that are not emerging growth companies. These provisions include:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">reduced
                                         disclosure about our executive compensation arrangements;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">no
                                         non-binding shareholder advisory votes on executive compensation or golden parachute
                                         arrangements;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">exemption
                                         from the auditor attestation requirement in the assessment of our internal control over
                                         financial reporting; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">reduced
                                         disclosure of financial information in this prospectus, limited to two years of audited
                                         financial information and two years of selected financial information.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
a smaller reporting company, each of the foregoing exemptions is currently available to us. We will cease to be an emerging growth
company on December 31, 2019, or, immediately, if we issue more than $1.0 billion of non-convertible debt over a three-year-perio</FONT>d.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The JOBS Act permits an
emerging growth company to take advantage of an extended transition period to comply with new or revised accounting standards
applicable to public companies. We have chosen to &ldquo;opt out&rdquo; of this provision. Therefore, we are subject to the same
new or revised accounting standards as other public companies that are not emerging growth companies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Corporate Information</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our principal executive
offices are located at 2479 E. Bayshore Road, Suite 195, Palo Alto, CA 94303, and our telephone number is (408) 702-2167. Our
subsidiaries maintain offices in Coquitlam and Vancouver, British Columbia and Hyderabad, India. Our Internet website is www.inpixon.com.
The information contained on, or that may be obtained from, our website is not a part of this prospectus and should not be considered
a part of this prospectus. We have included our website address in this prospectus solely as an inactive textual reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>




<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<DIV STYLE="padding: 5; border: Black 1.5pt solid; width: 97%"><P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B><A NAME="b_03"></A>THE OFFERING</B></P>

<P STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 29%; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Outstanding Common
    Stock </FONT></TD>
    <TD STYLE="vertical-align: top; width: 2%; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 69%; text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">47,466,399
    shares.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Common
    Stock to be Offered by the Selling Stockholders</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Up to
    8,932,972 shares of our common stock to be offered by the selling stockholders.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Offering
    Price</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Determined
    at the time of sale by the selling stockholders.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Use
    of Proceeds</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">We are
    not selling any shares of our common stock in this offering and therefore will not receive any proceeds from the sale thereof.
    The selling stockholders will pay any underwriting discounts and commissions and expenses incurred by the selling stockholders
    for brokerage, accounting, tax or legal services or any other expenses incurred by the selling stockholders in disposing of
    the shares of our common stock. We will bear all other costs, fees and expenses incurred in effecting the registration of
    the shares of our common stock, including, without limitation, all registration and filing fees, and fees and expenses of
    our counsel and our accountants.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Risk
    Factors</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">You
    should read the &ldquo;<I>Risk Factors</I>&rdquo; section included or&nbsp; incorporated by reference in this prospectus for
    a discussion of factors to consider carefully before deciding to invest in shares of our common stock.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Market
    Symbol</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: TimesNewRomanPSMT,serif; font-size: 10pt">Our
    common stock is listed on the Nasdaq Capital Market under the symbol &ldquo;INPX.&rdquo;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The number of shares of
our common stock outstanding is based on 47,466,399 shares of our common stock outstanding as of September 6, 2019 and excludes,
as of that date, the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">192 shares of common stock issuable upon the
    exercise of outstanding stock options under our 2011 Employee Stock Incentive Plan, having a weighted average exercise price
    of $28,269.14 per share;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">4,979,267 shares of common stock issuable
    upon the exercise of outstanding stock options under our 2018 Employee Stock Incentive Plan, having a weighted average exercise
    price of $1.63 per share;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">39 shares of common stock issuable upon the
    exercise of outstanding stock options not under our 2011 or 2018 Employee Stock Incentive Plan, having a weighted average
    exercise price of $43,392.86 per share;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">158,232 shares of common stock available for
    future issuance under our 2011 Employee Stock Incentive Plan, plus any additional shares of our common stock that may become
    available under our 2011 Employee Stock Incentive Plan;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">2,337,109 shares of common stock available
    for future issuance under our 2018 Employee Stock Incentive Plan, plus any additional shares of our common stock that may
    become available under our 2018 Employee Stock Incentive Plan;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">10,371,141 shares of common stock issuable
    upon the exercise of outstanding warrants, having a weighted average exercise price of $5.99 per share;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 42pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">202 shares of common stock issuable upon the
    conversion of 1 outstanding share of Series 4 Convertible Preferred Stock, at a conversion price of $4.96 per share;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">1,100 shares of common stock reserved for
    issuance to investor relations firms; and</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">37,838 shares of common stock issuable upon
    conversion of 126 outstanding shares of Series 5 Convertible Preferred Stock, at a conversion price of $3.33 per share.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_04"></A>RISK FACTORS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Investment in any securities
offered pursuant to this prospectus involves risks. You should carefully consider the risk factors set forth below and the risk
factors in our most recent Annual Report on Form 10-K, our most recent Quarterly Report on 10-Q, which are incorporated by reference
into this prospectus, and any subsequent Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q or Current Reports on Form
8-K we file after the date of this prospectus, and all other information contained or incorporated by reference into this prospectus,
as updated by our subsequent filings under the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;), before
acquiring any such securities. The occurrence of any of these risks might cause you to lose all or part of your investment in
the offered securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Risks Related to Our Operations</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We recently completed our acquisition
of Locality, Jibestream and certain assets of GTX, which may make it difficult for potential investors to evaluate our future
business. Furthermore, due to the risks and uncertainties related to the acquisition of new businesses, any such acquisition does
not guarantee that we will be able to attain profitability.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 21, 2019, June
27, 2019 and August 15, 2019, we acquired Locality, certain assets of GTX, and Jibestream, respectively. Our limited operating
history after these acquisitions may make it difficult for potential investors to evaluate our business or prospective operations
or the merits of an investment in our securities. We are subject to the risks inherent in the financing, expenditures, complications
and delays characteristic of a newly combined business. In addition, while GTX and the former affiliates of Locality and security
holders of Jibestream have indemnified the Company from any undisclosed liabilities, there may not be adequate resources to cover
such indemnity. Furthermore, there are risks that the vendors, suppliers and customers of these acquired entities or assets may
not renew their relationships for which there is no indemnification. Accordingly, our business and success faces risks from uncertainties
inherent to developing companies in a competitive environment. There can be no assurance that our efforts will be successful or
that we will ultimately be able to attain profitability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We may not be able to successfully integrate
the operations of entities or assets that we have acquired or may acquire in the future into our ongoing business operations,
which may result in our inability to fully realize the intended benefits of these acquisitions, or may disrupt our current operations,
which could have a material adverse effect on our business, financial position and/or results of operations.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We continue to integrate
the operations of Locality and Jibestream and the assets acquired from GTX and this process involves complex operational, technological
and personnel-related challenges, which are time-consuming and expensive and may disrupt our ongoing business operations. Furthermore,
integration involves a number of risks, including, but not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">difficulties or complications in combining
    the companies&rsquo; operations;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">differences in controls, procedures and policies,
    regulatory standards and business cultures among the combined companies;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">the diversion of management&rsquo;s attention
    from our ongoing core business operations;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">increased exposure to certain governmental
    regulations and compliance requirements;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">the potential loss of key personnel;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">the potential loss of key customers or suppliers
    who choose not to do business with the combined business;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">difficulties or delays in consolidating the
    acquired companies&rsquo; technology platforms, including implementing systems designed to continue to ensure that the Company
    maintains effective disclosure controls and procedures and internal control over financial reporting for the combined company
    and enable the Company to continue to comply with U.S. GAAP and applicable U.S. securities laws and regulations;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">unanticipated costs and other assumed contingent
    liabilities;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">difficulty comparing financial reports due
    to differing financial and/or internal reporting systems;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">making any necessary modifications to internal
    financial control standards to comply with the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated thereunder;
    and/or</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">possible tax costs or inefficiencies associated
    with integrating the operations of the combined company.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">These factors could cause
us to not fully realize the anticipated financial and/or strategic benefits of the acquisitions and the recent reorganization,
which could have a material adverse effect on our business, financial condition and/or results of operations.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Even if we are able to
successfully operate the acquired businesses, we may not be able to realize the revenue and other synergies and growth that we
anticipated from these acquisitions in the time frame that we currently expect, and the costs of achieving these benefits may
be higher than what we currently expect, because of a number of risks, including, but not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
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    <TD STYLE="width: 0.5in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">the possibility that the acquisition may not
    further our business strategy as we expected;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">the possibility that we may not be able to
    expand the reach and customer base for the acquired companies current and future products as expected; and</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">the possibility that the carrying amounts
    of goodwill and other purchased intangible assets may not be recoverable.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As a result of these risks,
the acquisitions and integration may not contribute to our earnings as expected, we may not achieve expected revenue synergies
or our return on invested capital targets when expected, or at all, and we may not achieve the other anticipated strategic and
financial benefits of the acquisitions and the reorganization.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>We have a significant amount of debt
outstanding. Such indebtedness, along with the other contractual commitments of our company, could adversely affect our business,
financial condition and results of operations.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of September 6, 2019,
we have an aggregate outstanding balance of approximately $10 million&nbsp;underlying the promissory notes issued to Iliad Research and Trading,
L.P. and Chicago Venture Partners, L.P., which are affiliates of each other. The ability to meet payment and other obligations
under these notes depends on our ability to generate significant cash flow in the future. This, to some extent, is subject to
general economic, financial, competitive, legislative, regulatory and other factors beyond our control as described in this Form
10-Q. If we are not able to generate sufficient cash flow to service our debt obligations, we may need to refinance or restructure
debt, exchange debt for other securities, sell assets, reduce or delay capital investments, or seek to raise additional capital.
If we are unable to implement one or more of these alternatives, we may not be able to meet debt payment and other obligations,
which could have a material adverse effect on our financial condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In addition, we may incur
additional indebtedness in the future. If new debt or other liabilities are added to our current consolidated debt levels, the
related risks that we now face could intensify.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Risks Related to Our Securities</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B><I>Future sales of our common stock or
other securities, or the perception that future sales may occur, may cause the market price of our common stock to decline, even
if our business is doing well.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Sales of substantial amounts
of our common stock or other securities, or the perception that these sales may occur, could materially and adversely affect the
price of our common stock and could impair our ability to raise capital through the sale of additional equity securities. For
example, in June 2018, the SEC declared effective a shelf registration statement filed by us. This shelf registration statement
allows us to issue any combination of our common stock, preferred stock, warrants, units, debt securities and subscription rights
from time to time until expiry in June 2021 for an aggregate initial offering price of up to $300 million, subject to certain
limitations for so long as our public float is less than $75 million. The specific terms of future offerings, if any, under this
shelf registration statement would be established at the time of such offering. Depending on a variety of factors, including market
liquidity of our common stock, the sale of shares under this shelf registration statement may cause the trading price of our common
stock to decline. The sale of a substantial number of shares of our common stock under this shelf registration statement, or anticipation
of such sales, could cause the trading price of our common stock to decline or make it more difficult for us to sell equity or
equity-related securities in the future at a time and at a price that we might otherwise desire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In addition, this prospectus
forms a part of the registration statement pursuant to which we are registering the resale of shares of our common stock issued
to GTX and issued or issuable to stockholders of Jibestream. The filing of this registration statement may result in the perception
of or actual sales of substantial amounts of shares of our common stock in the public market, which could cause the trading price
of our common stock to decline or make it more difficult for us to sell equity or equity-related securities in the future at a
time and at a price that we might otherwise desire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We had outstanding 47,466,399
shares of common stock as of September 6, 2019, of which 6,919,022 shares of common stock are restricted securities that
may be sold only in accordance with the resale restrictions under Rule 144 of the Securities Act. In addition, as of September
6, 2019, there were 202 shares issuable upon conversion of 1 share of Series 4 Convertible Preferred Stock, 37,838 shares of common
stock issuable upon conversion of 126 shares of Series 5 Convertible Preferred Stock, 10,371,141 shares subject to outstanding
warrants, 4,979,459 shares subject to outstanding options under the Company&rsquo;s equity incentive plans, 39 shares subject
to options not under such plans, 1,100 shares of common stock reserved for issuance to investor relations firms, an additional
158,224 shares reserved for future issuance under the Company&rsquo;s Amended and Restated 2011 Employee Stock Incentive Plan
and up to an additional 2,337,109 shares of common stock which may be issued under the Company&rsquo;s 2018 Employee Stock Incentive
Plan that will become, or have already become, eligible for sale in the public market to the extent permitted by any applicable
vesting requirements, lock-up agreements, if any, Rule 144 under the Securities Act or in connection with their registration under
the Securities Act. The issuance or sale of such shares could depress the market price of our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In the future, we also
may issue our securities if we need to raise additional capital. The number of new shares of our common stock issued in connection
with raising additional capital could constitute a material portion of the then-outstanding shares of our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B><A NAME="b_05"></A>USE OF PROCEEDS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">We
are not selling any shares of our common stock in this offering and therefore will not receive any proceeds from the sale thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">The
selling stockholders will pay any underwriting discounts and commissions and expenses incurred by the selling stockholders for
brokerage, accounting, tax or legal services or any other expenses incurred by the selling stockholders in disposing of the Stock
Consideration. We will bear all other costs, fees and expenses incurred in effecting the registration of the Stock Consideration,
including, without limitation, all registration and filing fees, and fees and expenses of our counsel and our accountants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B><A NAME="b_06"></A>DESCRIPTION OF CAPITAL
STOCK</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Authorized and Outstanding Capital Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of September 6, 2019,
we had 255,000,000 authorized shares of capital stock, par value $0.001 per share, of which 250,000,000 were shares of common
stock and 5,000,000 were shares of &ldquo;blank check&rdquo; preferred stock. As of September 6, 2019, we had 47,466,399 shares
of common stock outstanding and held by 535 stockholders of record, 1,100 shares of common stock reserved for issuance to investor
relations firms, 1 share of Series 4 Convertible Preferred Stock and 126 shares of Series 5 Convertible Preferred Stock outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Common Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The holders of our common
stock are entitled to one vote per share. In addition, the holders of our common stock will be entitled to receive pro rata dividends,
if any, declared by our board of directors out of legally available funds; however, the current policy of our board of directors
is to retain earnings, if any, for operations and growth. Upon liquidation, dissolution or winding-up, the holders of our common
stock are entitled to share ratably in all assets that are legally available for distribution. The holders of our common stock
have no preemptive, subscription, redemption or conversion rights. The rights, preferences and privileges of holders of our common
stock are subject to, and may be adversely affected by, the rights of the holders of any series of preferred stock, which may
be designated solely by action of our board of directors and issued in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Preferred Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our board of directors
are authorized, subject to any limitations prescribed by law, without further vote or action by our stockholders, to issue from
time to time shares of preferred stock in one or more series. Each series of preferred stock will have the number of shares, designations,
preferences, voting powers, qualifications and special or relative rights or privileges as shall be determined by our board of
directors, which may include, among others, dividend rights, voting rights, liquidation preferences, conversion rights and preemptive
rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The issuance of our preferred
stock could adversely affect the voting power of holders of common stock and the likelihood that such holders will receive dividend
payments and payments upon liquidation. In addition, the issuance of preferred stock could have the effect of delaying, deferring
or preventing a change of control or other corporate action. We have no current plan to issue any shares of preferred stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Conversion Price Adjustment</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Stock Dividends and
Stock Splits</I>.&emsp;If we pay a stock dividend or otherwise make a distribution payable in shares of common stock on shares
of common stock or any other common stock equivalents, subdivide or combine outstanding common stock, or reclassify common stock,
the conversion price will be adjusted by multiplying the then conversion price by a fraction, the numerator of which shall be
the number of shares of common stock outstanding immediately before such event, and the denominator of which shall be the number
of shares outstanding immediately after such event.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Series 4 Convertible Preferred Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our board of directors
designated 10,415 shares of preferred stock as Series 4 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000
(also referred to herein as the Series 4 Preferred). As of September 6, 2019, there was one share of Series 4 Preferred outstanding
convertible into 202 shares of common stock. Our board of directors may, without stockholder approval, issue shares of an additional
class or series of preferred stock with voting and conversion rights which could adversely affect the voting power of the holders
of the common stock or the convertible preferred stock, except as prohibited by the certificate of designation of preferences,
rights and limitations of the designated preferred stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Liquidation</I>. Upon
any dissolution, liquidation or winding up, whether voluntary or involuntary, holders of Series 4 Preferred are entitled to receive
distributions out of our assets, whether capital or surplus, of the same amount that a holder of common stock would receive if
the Series 4 Preferred were fully converted (disregarding for such purposes any conversion limitations hereunder) to common stock
which amounts shall be paid pari passu with all holders of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Dividends</I>. Holders
of the Series 4 Preferred are entitled to receive dividends equal (on an &ldquo;as converted to common stock&rdquo; basis) to
and in the same form as dividends actually paid on shares of our common stock when, as and if such dividends are paid on shares
of our common stock. No other dividends will be paid on shares of Series 4 Preferred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Conversion</I>. Each
share of Series 4 Preferred is convertible, at any time and from time to time at the option of the holder thereof, into that number
of shares of common stock determined by dividing the stated value of $1,000 by the conversion price equal to the current conversion
price of $4.96 per share (subject to adjustment described below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Anti-Dilution Protection</I>.
The Series 4 Preferred contain an anti-dilution protection feature, to adjust the conversion price if shares of common stock are
sold or issued for a consideration per share less than the conversion price then in effect (subject to certain exemptions), provided,
that the conversion price will not be less than $4.96. The current conversion price is $4.96.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Series 5 Convertible Preferred Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our board of directors
designated 12,000 shares of preferred stock as Series 5 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000
(also referred to herein as the Series 5 Preferred). As of September 6, 2019, there were 126 shares of Series 5 Preferred outstanding
convertible into 37,838 shares of common stock. Our board of directors may, without stockholder approval, issue shares of an additional
class or series of preferred stock with voting and conversion rights which could adversely affect the voting power of the holders
of the common stock or the convertible preferred stock, except as prohibited by the certificate of designation of preferences,
rights and limitations of the designated preferred stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Conversion</I>. Each
share of Series 5 Convertible Preferred Stock will be convertible at the option of the holder at any time, into the number of
shares of our common stock determined by dividing the $1,000 stated value per share of the Series 5 Convertible Preferred Stock
by a conversion price of $3.33 per share. In addition, the conversion price per share is subject to adjustment for stock dividends,
distributions, subdivisions, combinations or reclassifications. Subject to limited exceptions, a holder of the Series 5 Convertible
Preferred Stock will not have the right to convert any portion of the Series 5 Convertible Preferred Stock to the extent that,
after giving effect to the conversion, the holder, together with its affiliates, would beneficially own in excess of 4.99% (subject
to adjustment to up to 9.99% solely at the holder&rsquo;s discretion upon 61 days&rsquo; prior notice to us) of the number of
shares of our common stock outstanding immediately after giving effect to its conversion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Fundamental Transactions</I>.
In the event we effect certain mergers, consolidations, sales of substantially all of our assets, tender or exchange offers, reclassifications
or share exchanges in which our common stock is effectively converted into or exchanged for other securities, cash or property,
we consummate a business combination in which another person acquires 50% of the outstanding shares of our common stock, or any
person or group becomes the beneficial owner of 50% of the aggregate ordinary voting power represented by our issued and outstanding
common stock, then, upon any subsequent conversion of the Series 5 Convertible Preferred Stock, the holders of the Series 5 Convertible
Preferred Stock will have the right to receive any shares of the acquiring corporation or other consideration it would have been
entitled to receive if it had been a holder of the number of shares of common stock then issuable upon conversion in full of the
Series 5 Convertible Preferred Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Dividends</I>. Holders
of Series 5 Convertible Preferred Stock shall be entitled to receive dividends (on an as-if-converted-to-common-stock basis) in
the same form as dividends actually paid on shares of the common stock when, as and if such dividends are paid on shares of common
stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Voting Rights</I>.
Except as otherwise provided in the certificate of designation or as otherwise required by law, the Series 5 Convertible Preferred
Stock has no voting rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Liquidation Preference.</I>&nbsp;Upon
our liquidation, dissolution or winding-up, whether voluntary or involuntary, holders of Series 5 Convertible Preferred Stock
will be entitled to receive out of our assets, whether capital or surplus, the same amount that a holder of common stock would
receive if the Series 5 Convertible Preferred Stock were fully converted (disregarding for such purpose any conversion limitations
under the certificate of designation) to common stock, which amounts shall be paid pari passu with all holders of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><I>Redemption Rights</I>.
We are not obligated to redeem or repurchase any shares of Series 5 Convertible Preferred Stock. Shares of Series 5 Convertible
Preferred Stock are not otherwise entitled to any redemption rights, or mandatory sinking fund or analogous provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Series 6 Convertible Preferred Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our board of directors
designated 2,997 shares of preferred stock as Series 6 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000
(also referred to herein as the Series 6 Preferred). As of September 6, 2019, there were no shares of Series 6 Preferred outstanding.
Our board of directors may, without stockholder approval, issue shares of an additional class or series of preferred stock with
voting and conversion rights which could adversely affect the voting power of the holders of the common stock or the convertible
preferred stock, except as prohibited by the certificate of designation of preferences, rights and limitations of the designated
preferred stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Outstanding Warrants</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of September 6, 2019,
we have warrants issued and outstanding for the purchase of up to 10,371,141 shares of our common stock, at exercise prices ranging
from $0.2775 to $43,200. The warrants are held by 111 security holders. Outstanding warrants to purchase our common stock are
as follows:&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 0"><FONT STYLE="font-size: 10pt"><B>Issuance Date</B></FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt"><B>Number
    of Shares</B></FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1.5pt solid; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt"><B>Exercise
    Period</B></FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1.5pt solid; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt"><B>Exercise
    Price</B></FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; width: 20%; padding-right: 0"><FONT STYLE="font-size: 10pt">March 20, 2013</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 10%; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 56%; padding-right: 0"><FONT STYLE="font-size: 10pt">From March 20, 2013 to March
    20, 2020 (except the Lock-Up Period as defined in the warrant)</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">16,200</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-right: 0"><FONT STYLE="font-size: 10pt">August 29, 2013</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0"><FONT STYLE="font-size: 10pt">From August 29, 2013 to August 29, 2020
    (except the Lock-Up Period as defined in the warrant)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">43,200</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">June 30, 2017</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">141</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">June 30, 2017 to June 30, 2022</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">360</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">August 9, 2017</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">917</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">From August 9, 2017 to August 9, 2022</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">660</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">January 8, 2018</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">15,003</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">From February 2, 2018 to February 2, 2023</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">120</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">February 20, 2018</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">1,080,669</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">From February 20, 2018 to February 20, 2023</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">25.36</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">April 24, 2018</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">2,769,000</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">From April 24, 2018 to April 24, 2023</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">4.96</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">January 15, 2019</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">112,800</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">From January 15, 2019 to January 15, 2024</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">3.33</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">August 15, 2019</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">6,392,602</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">From August 15, 2019 to August 15, 2024</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">0.2775</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Options</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">As of September 6, 2019,
there were 158,424 shares of common stock authorized for issuance under the 2011 Employee Stock Incentive Plan, of which 192 shares
of common stock are underlying outstanding options having a weighted average exercise price of $28,269.14 per share, 7,316,376
shares of common stock available for issuance under the 2018 Employee Stock Incentive Plan, of which 4,979,267 shares of common
stock are underlying outstanding options having a weighted average exercise price of $1.63 and 39 shares of common stock underlying
outstanding options not under the 2011 or 2018 Employee Stock Incentive Plan having a weighted average of $43,392.86 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Anti-Takeover Effects of Nevada Law and
our Articles of Incorporation and Bylaws</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our articles of incorporation,
our bylaws and the Nevada Revised Statutes contain provisions that could delay or make more difficult an acquisition of control
of our company not approved by our board of directors, whether by means of a tender offer, open market purchases, proxy contests
or otherwise. These provisions have been implemented to enable us to develop our business in a manner that will foster our long-term
growth without disruption caused by the threat of a takeover not deemed by our board of directors to be in the best interest of
our company and our stockholders. These provisions could have the effect of discouraging third parties from making proposals involving
an acquisition or change of control of our company even if such a proposal, if made, might be considered desirable by a majority
of our stockholders. These provisions may also have the effect of making it more difficult for third parties to cause the replacement
of our current management without the concurrence of our board of directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Set forth below is a description
of the provisions contained in our articles of incorporation, bylaws and Nevada Revised Statutes that could impede or delay an
acquisition of control of our company that our board of directors has not approved. This description is intended as a summary
only and is qualified in its entirety by reference to our articles of incorporation and bylaws, forms of each of which are included
as exhibits to the registration statement of which this prospectus forms a part.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Authorized But Unissued Preferred Stock</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are currently authorized
to issue a total of 5,000,000 shares of preferred stock. Our articles of incorporation provide that the board of directors may
issue preferred stock by resolutions, without any action of the stockholders. In the event of a hostile takeover, the board of
directors could potentially use this preferred stock to preserve control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Filling Vacancies</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our bylaws establish that
the board shall be authorized to fill any vacancies on the board arising due to the death, resignation or removal of any director.
The board is also authorized to fill vacancies if the stockholders fail to elect the full authorized number of directors to be
elected at any annual or special meeting of stockholders. Vacancies in the board may be filled by a majority of the remaining
directors then in office, even though less than a quorum of the board, or by a sole remaining director.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Removal of Directors</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The provisions of our
bylaws may make it difficult for our stockholders to remove one or more of our directors. Our bylaws provide that the entire board
of directors, or any individual director, may be removed from office at any special meeting of stockholders called for such purpose
by vote of the holders of two-thirds of the voting power entitling the stockholders to elect directors in place of those to be
removed. Furthermore, according to our bylaws, no director may be removed (unless the entire board is removed) when the votes
cast against removal or not consenting in writing to such removal would be sufficient to elect such director if voted cumulatively
at an election at which the same total number of votes were cast (or, if such action is taken by written consent, all shares entitled
to vote, were voted) and the entire number of directors authorized at the time of the directors&rsquo; most recent election were
then being elected. Our bylaws also provide that when, by the provisions of our articles of incorporation, the holders of the
shares of any class or series voting as a class or series are entitled to elect one or more directors, any director so elected
may be removed only by the applicable vote of the holders of the shares of that class or series.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Board Action Without Meeting</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our bylaws provide that
the board may take action without a meeting if all the members of the board consent to the action in writing. Board action through
consent allows the board to make swift decisions, including in the event that a hostile takeover threatens current management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>No Cumulative Voting</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our bylaws and articles
of incorporation do not provide the right to cumulate votes in the election of directors. This provision means that the holders
of a plurality of the shares voting for the election of directors can elect all of the directors. Non-cumulative voting makes
it more difficult for an insurgent minority stockholder to elect a person to the board of directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Stockholder Proposals</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Except to the extent required
under applicable laws, we are not required to include on our proxy card, or describe in our proxy statement, any information relating
to any stockholder proposal and disseminated in connection with any meeting of stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Amendments to Articles of Incorporation
and Bylaws</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our articles of incorporation
give both the directors and the stockholders the power to adopt, alter or repeal the bylaws of the corporation. Any adoption,
alteration, amendment, change or repeal of the bylaws by the stockholders requires an affirmative vote by a majority of the outstanding
stock of the company. Any bylaw that has been adopted, amended, or repealed by the stockholders may be amended or repealed by
the board, except that the board shall have no power to change the quorum for meetings of stockholders or of the board or to change
any provisions of the bylaws with respect to the removal of directors or the filling of vacancies in the board resulting from
the removal by the stockholders. Any proposal to amend, alter, change or repeal any provision of our articles of incorporation
requires approval by the affirmative vote of a majority of the voting power of all of the classes of our capital stock entitled
to vote on such amendment or repeal, voting together as a single class, at a duly constituted meeting of stockholders called expressly
for that purpose.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Nevada Statutory Provisions</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are subject to the
provisions of NRS 78.378 to 78.3793, inclusive, an anti-takeover law, which applies to any acquisition of a controlling interest
in an &ldquo;issuing corporation.&rdquo; In general, such anti-takeover laws permit the articles of incorporation, bylaws or a
resolution adopted by the directors of an &ldquo;issuing corporation&rdquo; (as defined in NRS 78.3788) to impose stricter requirements
on the acquisition of a controlling interest in such corporation than the provisions of NRS 78.378 to 78.3793, inclusive, as well
as permit the directors of an issuing corporation to take action to protect the interests of the corporation and its stockholders,
including, but not limited to, adopting plans, arrangements or other instruments that grant or deny rights, privileges, power
or authority to holder(s) of certain percentages of ownership and/or voting power. Further, an &ldquo;acquiring person&rdquo;
(and those acting in association) only obtains such voting rights in the control shares as are conferred by resolution of the
stockholders at either a special meeting requested by the acquiring person, provided it delivers an offeror&rsquo;s statement
pursuant to NRS 78.3789 and undertakes to pay the expenses thereof, or at the next special or annual meeting of stockholders.
In addition, the anti-takeover law generally provides for (i) the redemption by the issuing corporation of not less than all of
the &ldquo;control shares&rdquo; (as defined) in accordance with NRS 78.3792, if so provided in the articles of incorporation
or bylaws in effect on the 10th day following the acquisition of a controlling interest in an &ldquo;issuing corporation&rdquo;,
and (ii) dissenter&rsquo;s rights pursuant to NRS 92A.300 to 92A.500, inclusive, for stockholders that voted against authorizing
voting rights for the control shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are also subject to
the provisions of NRS 78.411 to 78.444, inclusive, which generally prohibits a publicly held Nevada corporation from engaging
in a &ldquo;combination&rdquo; with an &ldquo;interested stockholder&rdquo; (each as defined) that is the beneficial owner, directly
or indirectly, of at least ten percent of the voting power of the outstanding voting shares of the corporation or is an affiliate
or associate of the corporation that previously held such voting power within the past three years, for a period of three years
after the date the person first became an &ldquo;interested stockholder&rdquo;, subject to certain exceptions for authorized combinations,
as provided therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">In accordance with NRS
78.195, our articles of incorporation provide for the authority of the board of directors to issue shares of preferred stock in
series by filing a certificate of designation to establish from time to time the number of shares to be included in such series
and to fix the designation, powers, preferences and rights of the shares of each such series and the qualifications, limitations
or restrictions thereof, subject to limitations prescribed by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Transfer Agent and Registrar</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The transfer agent and
registrar for our common stock is Computershare Trust Company, N.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>Nasdaq Capital Market Listing</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Our common stock is currently
traded on the Nasdaq Capital Market under the symbol &ldquo;INPX.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_07"></A>SELLING STOCKHOLDERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are registering the
Stock Consideration in order to permit the selling stockholders to offer the shares of our common stock included in the Stock
Consideration, when issued, as applicable, for resale from time to time. Other than the asset purchase or acquisition of Jibestream
described at the section of this prospectus titled &ldquo;<I>Issuance of Common Stock to the Selling Stockholders</I>,&rdquo;
neither the selling security holder nor any of its affiliates has held an executive office, or had any other material relationship,
with us or any of our affiliates in the past three years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The table below provides
information regarding the beneficial ownership (as determined under Section 13(d) of the Exchange Act, and the rules and regulations
thereunder) of the shares of common stock held by the selling stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The second column lists
the number of shares of common stock beneficially owned by the selling stockholders as of September 6, 2019, based on the ownership
of shares of common stock that have been issued and could be issued pursuant to warrants, options and other convertible securities
that are currently exercisable or exercisable within 60 days of September 6, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The third column lists
the shares of common stock being offered by this prospectus by the selling stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The fourth column assumes
the sale of all of the shares offered by each selling stockholders pursuant to this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The selling stockholders
may sell all, some or none of its shares in this offering. See &ldquo;Plan of Distribution.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1.5pt solid; text-align: left">Name of Selling Stockholder</TD><TD STYLE="padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1.5pt solid; text-align: center"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>Number
                                         of Shares </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>of
                                         Common Stock </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>Owned
                                         Prior to </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><B>Offering</B></P></TD><TD STYLE="padding-bottom: 1.5pt; text-align: center">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Maximum
                                         </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Number
                                         of Shares</B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>of
                                         Common Stock </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>to
                                         be Sold </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Pursuant
                                         to this </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Prospectus</B></P></TD><TD STYLE="padding-bottom: 1.5pt; text-align: center">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; border-bottom: Black 1.5pt solid"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Number
                                         of Shares </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>of
                                         Common Stock </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Owned
                                         After </B></P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Offering</B></P></TD><TD STYLE="padding-bottom: 1.5pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: right">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD><TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD><TD STYLE="padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 64%; text-align: left; padding-bottom: 1.5pt">GTX Corp (1)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; text-align: right">1,000,000</TD><TD STYLE="width: 1%; padding-bottom: 1.5pt; text-align: left">(2)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; text-align: right">1,000,000</TD><TD STYLE="width: 1%; padding-bottom: 1.5pt; text-align: left">(2)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 9%; text-align: right">--</TD><TD STYLE="width: 1%; padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Chris Wiegand</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,458,173</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(3)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,458,173</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(3)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Adam Artman</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,564,292</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(4)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,564,292</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(4)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Bevan Hayes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">446,941</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(5)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">446,941</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(5)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">MaRS Investment Accelerator Fund Inc. (6)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,081,812</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(7)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,081,812</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(7)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Whitecastle Holdings Limited (8)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,346</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(9)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,346</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(9)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Maplecastle Corporation (10)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(11)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(11)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Jescolari Investments Ltd. (12)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(13)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(13)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Carbon Holdings Limited (14)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(15)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(15)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1.5pt">Hobson Equities Inc. (16)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(17)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">476,352</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">(17)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">--</TD><TD STYLE="padding-bottom: 1.5pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(1)</TD><TD STYLE="text-align: justify; padding-right: 0">The board of directors of
                                         GTX Corp, comprised of Patrick E. Bertagna, Christopher M. Walsh, Louis Rosenbaum and
                                         Andrew Duncan, has sole voting and investment control and power over such shares. None
                                         of the members of its&nbsp;board&nbsp;of&nbsp;directors&nbsp;has individual&nbsp;voting&nbsp;and&nbsp;investment&nbsp;power
                                         with respect to such shares and disclaims beneficial ownership of such shares.</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(2)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes 1,000,000 shares
                                         of common stock held of record by GTX Corp; provided; however, that 100,000 shares are
                                         subject to certain holdback restrictions and forfeiture for the purpose of satisfying
                                         indemnification claims in accordance with the Asset Purchase Agreement.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(3)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 1,761,076 shares
                                         of common stock, of which 75,257 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 697,097 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(4)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 1,164,764 shares
                                         of common stock, of which 43,132 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 399,528 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(5)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 332,666 shares
                                         of common stock, of which 12,336 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 114,275 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(6)</TD><TD STYLE="text-align: justify; padding-right: 0">Barry Gekiere, the managing
                                         director of MaRS Investment Accelerator Fund Inc., has sole voting and investment control
                                         and power over such shares.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(7)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 925,150 shares
                                         of common stock, of which 16,912 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 156,662 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(8)</TD><TD STYLE="text-align: justify; padding-right: 0">Carey Diamond has sole voting
                                         and investment control and power over such shares.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(9)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 177,057 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,289 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(10)</TD><TD STYLE="text-align: justify; padding-right: 0">Mark Diamond has sole voting
                                         and investment control and power over such shares.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(11)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(12)</TD><TD STYLE="text-align: justify; padding-right: 0">Michael Diamond has sole
                                         voting and investment control and power over such shares.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(13)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(14)</TD><TD STYLE="text-align: justify; padding-right: 0">Stephen Diamond has sole
                                         voting and investment control and power over such shares.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(15)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(16)</TD><TD STYLE="text-align: justify; padding-right: 0">Blaine Hobson has sole voting
                                         and investment control and power over such shares.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.3in; padding-right: 0">(17)</TD><TD STYLE="text-align: justify; padding-right: 0">Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_08"></A>PLAN OF DISTRIBUTION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are registering the
shares of our common stock issued or issuable to the selling stockholders as the Stock Consideration to permit the resale of these
shares by the selling stockholders from time to time after the date of this prospectus. We will not receive any of the proceeds
from the sale by the selling stockholders of the shares of common stock. We will bear all fees and expenses incident to our obligation
to register the Stock Consideration.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Each
selling stockholder may sell all or a portion of the shares of common stock held by it and offered hereby from time to time directly
or through one or more underwriters, broker-dealers or agents. If the shares of common stock are sold through underwriters or
broker-dealers, each selling stockholder will be responsible for underwriting discounts or commissions or agent&rsquo;s commissions.
The shares of common stock may be sold in one or more transactions at fixed prices, at prevailing market prices at the time of
the sale, at varying prices determined at the time of sale or at negotiated prices. These sales may be effected in transactions,
which may involve crosses or block transactions, pursuant to one or more of the following methods:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">on
                                         any national securities exchange or quotation service on which the securities may be
                                         listed or quoted at the time of sale;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">in
                                         the over-the-counter market;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">in
                                         transactions otherwise than on these exchanges or systems or in the over-the-counter
                                         market;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">through
                                         the writing or settlement of options, whether such options are listed on an options exchange
                                         or otherwise;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">ordinary
                                         brokerage transactions and transactions in which the broker-dealer solicits purchasers;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">block
                                         trades in which the broker-dealer will attempt to sell the shares as agent but may position
                                         and resell a portion of the block as principal to facilitate the transaction;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">purchases
                                         by a broker-dealer as principal and resale by the broker-dealer for its account;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">an
                                         exchange distribution in accordance with the rules of the applicable exchange;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">privately
                                         negotiated transactions;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">short
                                         sales made after the date the registration statement is declared effective by the SEC;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">broker-dealers
                                         may agree with the selling stockholders to sell a specified number of such shares at
                                         a stipulated price per share;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">a
                                         combination of any such methods of sale; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in; padding-right: 0"></TD><TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#9679;</FONT></TD><TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">any
                                         other method permitted pursuant to applicable law.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
selling stockholders may also sell the shares of common stock under Rule 144 promulgated under the Securities Act of 1933, as
amended (the &ldquo;Securities Act&rdquo;), if available, rather than under this prospectus. In addition, the selling stockholders
may transfer the shares of common stock by other means not described in this prospectus. If the selling stockholders effects such
transactions by selling shares of common stock to or through underwriters, broker-dealers or agents, such underwriters, broker-dealers
o</FONT>r agents may receive commissions in the form of discounts, concessions or commissions from the selling stockholders or
commissions from purchasers of the shares of common stock for whom they may act as agent or to whom they may sell as principal
(which discounts, concessions or commissions as to particular underwriters, broker-dealers or agents may be in excess of those
customary in the types of transactions involved). In connection with sales of the shares of common stock or otherwise, the selling
stockholders may enter into hedging transactions with broker-dealers, which may in turn engage in short sales of the shares of
common stock in the course of hedging in positions they assume. The selling stockholders may also sell shares of common stock
short and deliver shares of common stock covered by this prospectus to close out short positions and to return borrowed shares
in connection with such short sales. The selling stockholders may also loan or pledge shares of common stock to broker-dealers
that in turn may sell such shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The selling stockholders
may pledge or grant a security interest in part or all of the Stock Consideration and, if it defaults in the performance of the
secured obligations, the pledgees or secured parties may offer and sell the shares of common stock from time to time pursuant
to this prospectus or any amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act
amending, if necessary, the list of selling stockholders to include the pledgee, transferee or other successors in interest as
selling stockholders under this prospectus. The selling stockholders also may transfer and donate the shares of common stock in
other circumstances in which case the transferees, donees, pledgees or other successors in interest will be the selling beneficial
owners for purposes of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">To the extent required
by the Securities Act and the rules and regulations thereunder, the selling stockholders and any broker-dealer participating in
the distribution of the shares of common stock may be deemed to be &ldquo;underwriters&rdquo; within the meaning of the Securities
Act, and any commission paid, or any discounts or concessions allowed to, any such broker-dealer may be deemed to be underwriting
commissions or discounts under the Securities Act. At the time a particular offering of the shares of common stock is made, a
prospectus supplement, if required, will be distributed, which will set forth the aggregate amount of shares of common stock being
offered and the terms of the offering, including the name or names of any broker-dealers or agents, any discounts, commissions
and other terms constituting compensation from the selling stockholders and any discounts, commissions or concessions allowed
or re-allowed or paid to broker-dealers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Under the securities laws
of some states, the shares of common stock may be sold in such states only through registered or licensed brokers or dealers.
In addition, in some states the shares of common stock may not be sold unless such shares have been registered or qualified for
sale in such state or an exemption from registration or qualification is available and is complied with.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">There can be no assurance
that the selling stockholders will sell any or all of the shares of common stock registered pursuant to the registration statement,
of which this prospectus forms a part.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The selling stockholders
and any other person participating in such distribution will be subject to applicable provisions of the Exchange Act, and the
rules and regulations thereunder, including, without limitation, to the extent applicable, Regulation M of the Exchange Act, which
may limit the timing of purchases and sales of any of the shares of common stock by the selling stockholders and any other participating
person. To the extent applicable, Regulation M may also restrict the ability of any person engaged in the distribution of the
shares of common stock to engage in market-making activities with respect to the shares of common stock. All of the foregoing
may affect the marketability of the shares of common stock and the ability of any person or entity to engage in market-making
activities with respect to the shares of common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We will pay all expenses
of the registration of the shares of common stock, including, without limitation, SEC filing fees and expenses of compliance with
state securities or &ldquo;blue sky&rdquo; laws; provided, however, the selling stockholders will pay all underwriting discounts
and selling commissions, if any.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Once sold under the registration
statement, of which this prospectus forms a part, the shares of common stock will be freely tradable in the hands of persons other
than our affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B><A NAME="b_09"></A>LEGAL MATTERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The validity of the
securities offered hereby will be passed upon for us by Mitchell Silberberg &amp; Knupp LLP (&ldquo;MSK&rdquo;), New York, New
York. As of the date of this prospectus, MSK and certain principals of the firm own securities of our company representing in the
aggregate less than five percent of the shares of our common stock outstanding immediately prior to the filing of this prospectus.
Although MSK is not under any obligation to accept shares of our common stock in payment for services, it may do so in the future.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B><A NAME="b_10"></A>EXPERTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Marcum LLP, independent
registered public accounting firm, has audited our consolidated financial statements for the years ended December 31, 2018 and
2017 included in our Annual Report on&nbsp;Form 10-K&nbsp;for the year ended December 31, 2018, as set forth in their report,
which is incorporated by reference in this prospectus. Our consolidated financial statements are incorporated by reference in
reliance on Marcum LLP, given on their authority as experts in accounting and auditing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">MNP LLP, independent registered
public accounting firm, has audited the financial statements of Jibestream Inc. for the years ended December 31, 2018 and 2017,
included in our Current Report on Form 8-K/A filed with the SEC on July 25, 2019, as set forth in their report, which is incorporated
herein by reference in this prospectus. Such financial statements are incorporated by reference in reliance on MNP LLP, given
their authority as experts in accounting and auditing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><B><A NAME="b_11"></A>WHERE YOU CAN FIND
MORE INFORMATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We have filed with the
SEC a registration statement on Form S-1 under the Securities Act with respect to the securities covered by this prospectus. This
prospectus, which is a part of the registration statement, does not contain all of the information set forth in the registration
statement or the exhibits and schedules filed therewith. For further information with respect to us and the securities covered
by this prospectus, please see the registration statement and the exhibits filed with the registration statement. The SEC maintains
an internet website that contains reports, proxy and information statements and other information regarding registrants that file
electronically with the SEC. The address of the website is http://www.sec.gov.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We are subject to the
information and periodic reporting requirements of the Exchange Act and, in accordance therewith, we file periodic reports, proxy
statements and other information with the SEC. Such periodic reports, proxy statements and other information are available for
inspection and copying at the website of the SEC referred to above. We maintain a website at http://www.inpixon.com. You may access
our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports filed
pursuant to Sections 13(a) or 15(d) of the Exchange Act with the SEC free of charge at our website as soon as reasonably practicable
after such material is electronically filed with, or furnished to, the SEC. Our website and the information contained on that
site, or connected to that site, are not incorporated into and are not a part of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="b_12"></A>INFORMATION INCORPORATED BY REFERENCE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The SEC and applicable
law permits us to &ldquo;incorporate by reference&rdquo; into this prospectus information that we have or may in the future file
with or furnish to the SEC. This means that we can disclose important information by referring you to those documents. You should
read carefully the information incorporated herein by reference because it is an important part of this prospectus. We hereby
incorporate by reference the following documents into this prospectus:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 0.5in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">our latest Annual Report
    on <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018_inpixon.htm">Form 10-K</A> for the
    fiscal year ended December 31, 2018, as filed with the SEC on March 28, 2019;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">our Quarterly Reports
    on Form 10-Q for the quarters ended <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019008618/f10q0319_inpixon.htm">March
    31, 2019</A> and <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015902/f10q0619_inpixon.htm">June 30,
    2019</A>, as filed with the SEC on May 14, 2019 and August 14, 2019, respectively;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679; </FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">our Current Reports on Form 8-K, as filed
    with the SEC on&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019000368/f8k010719_inpixon.htm">January
    8, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019000710/f8k011419_inpixon.htm">January
    15, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019000970/f8k011819_inpixon.htm">January
    18, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019001365/f8k012919_inpixon.htm">January
    29, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019001982/f8k020419_inpixon.htm">February
    8, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019002935/f8k022019_inpixon.htm">February
    20, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019003028/f8k022219_inpixon.htm">February
    22, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005887/f8k040219_inpixon.htm">April
    5, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019006300/f8k041019_inpixon.htm">April
    12, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019007131/f8k042419_inpixon.htm">April
    25, 2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019007820/f8k050319_inpixon.htm">May 3,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019009427/f8k052119_inpixon.htm">May 22,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019009832/f8k052819_inpixon.htm">May     30,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019010681/f8k061319_inpixon.htm">June
    13,     2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011161/f8k062019_inpixon.htm">June
    20,     2019</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011469/f8k062019_inpixon.htm">June 25,
    2019</A>,     <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011679/f8k062619_inpixon.htm">June 27,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011911/f8k0619_inpixon.htm">July     1,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019012165/f8k070519_inpixon.htm">July 5,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019012457/f8k070919_inpixon.htm">July 10,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019012537/f8k070919_inpixon.htm">July 11,
    2019</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015058/f8k080819_inpixon.htm">August 9,
    2019</A>,&nbsp;<A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015844/f8k081419_inpixon.htm">August
    14, 2019</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019016334/f8k081519_inpixon.htm">August
    19, 2019</A> and <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019017398/f8k090619_inpixon.htm">September 6, 2019</A>, and on&nbsp;Form 8-K/A, as filed with the SEC on <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019013635/f8k070919a1_inpixon.htm">July
    25, 2019</A> and <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019017992/f8k081519a1_inpixon.htm">September 13, 2019</A>; and</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 12px; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 36px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">&#9679;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">the description of our common stock included
    in our Registration Statement on <A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843214000140/i12522.htm">Form
    8-A</A>, as filed with the SEC on April 7, 2014 pursuant to Section 12(b) of the Exchange Act, including any amendment or
    report filed for the purpose of updating such description.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Additionally, all documents
filed by us with the SEC under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act (other than any portions of filings that
are furnished rather than filed pursuant to Items 2.02 and 7.01 of a Current Report on Form 8-K), after the date of this prospectus
and before the termination or completion of this offering (including all such documents filed with the SEC after the date of the
initial registration statement and prior to the effectiveness of the registration statement) shall be deemed to be incorporated
by reference into this prospectus from the respective dates of filing of such documents. Any information that we subsequently
file with the SEC that is incorporated by reference as described above will automatically update and supersede any previous information
that is part of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">These reports and documents can
be accessed free of charge on our website at www.inpixon.com. We will provide without charge to each person, including any beneficial
owner, to whom this prospectus is delivered, upon written or oral request, a copy of any or all documents that are incorporated
by reference into this prospectus, but not delivered with the prospectus, other than exhibits to such unless such exhibits are
specifically incorporated by reference into the documents that this prospectus incorporates. Please send written requests to:</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin: 0; text-align: justify; text-indent: 48pt">&nbsp;</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center">Inpixon&nbsp;</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center">Attn: Secretary&nbsp;</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center">2479 E. Bayshore Road, Suite
195&nbsp;</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center">Palo Alto, CA 94303&nbsp;</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center">(408) 702-2167</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center"></P>

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<P STYLE="font: 10pt TimesNewRomanPSMT,serif; margin-top: 0; margin-bottom: 0; text-align: center"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>PART II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>INFORMATION NOT REQUIRED IN PROSPECTUS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 13. Other Expenses of Issuance and Distribution.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The following statement
sets forth the expenses and costs expected to be incurred by Inpixon in connection with the distribution of the securities being
registered in this registration statement. All amounts other than the SEC registration fee are estimates.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 88%; padding-right: 0"><FONT STYLE="font-size: 10pt">SEC registration fee </FONT></TD>
    <TD STYLE="width: 1%; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 1%; padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="width: 9%; text-align: right; padding-right: 0"><P STYLE="margin: 0pt 0">145.08</P>


</TD>
    <TD STYLE="white-space: nowrap; width: 1%; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Transfer agent&rsquo;s fees and expenses </FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">*5,000</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Legal fees and expenses </FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0"><FONT STYLE="font-size: 10pt">*20,000</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 0; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">Accounting fees and expenses </FONT></TD>
    <TD STYLE="padding-right: 0; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 0; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">*7,500</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 0; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-right: 0; padding-bottom: 4pt"><FONT STYLE="font-size: 10pt">Total </FONT></TD>
    <TD STYLE="padding-right: 0; padding-bottom: 4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 4pt double; padding-right: 0"><FONT STYLE="font-size: 10pt">$</FONT></TD>
    <TD STYLE="border-bottom: Black 4pt double; text-align: right; padding-right: 0"><P STYLE="margin: 0pt 0">32,645.08</P>


</TD>
    <TD STYLE="white-space: nowrap; padding-right: 0; padding-bottom: 4pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">*Estimated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 14. Indemnification of Officers and Directors.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">The Nevada Revised Statutes
provide that we may indemnify our officers and directors against losses or liabilities which arise in their corporate capacity.
The effect of these provisions could be to dissuade lawsuits against our officers and directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Section 78.7502 of the
Nevada Revised Statutes (&ldquo;NRS&rdquo;) provides that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(1) A corporation may
indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative, except an action by or in the right of the corporation,
by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the
request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust
or other enterprise, against expenses, including attorneys&rsquo; fees, judgments, fines and amounts paid in settlement actually
and reasonably incurred by him in connection with the action, suit or proceeding if the person: (a) is not liable pursuant to
NRS 78.138; or (b) acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests
of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was
unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction or upon a plea of nolo
contendere or its equivalent, does not, of itself, create a presumption that the person is liable pursuant to NRS 78.138 or did
not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation,
or that, with respect to any criminal action or proceeding, he had reasonable cause to believe that his conduct was unlawful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(2) A corporation may
indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action
or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director,
officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses, including amounts
paid in settlement and attorneys&rsquo; fees actually and reasonably incurred by him in connection with the defense or settlement
of the action or suit if the person: (a) is not liable pursuant to NRS 78.138; or (b) acted in good faith and in a manner which
he reasonably believed to be in or not opposed to the best interests of the corporation. Indemnification may not be made for any
claim, issue or matter as to which such a person has been adjudged by a court of competent jurisdiction, after exhaustion of all
appeals therefrom, to be liable to the corporation or for amounts paid in settlement to the corporation, unless and only to the
extent that the court in which the action or suit was brought or other court of competent jurisdiction determines upon application
that in view of all the circumstances of the case, the person is fairly and reasonably entitled to indemnity for such expenses
as the court deems proper.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(3) To the extent that
a director, officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action,
suit or proceeding referred to in subsections 1 and 2, or in defense of any claim, issue or matter therein, the corporation shall
indemnify him against expenses, including attorneys&rsquo; fees, actually and reasonably incurred by him in connection with the
defense.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">NRS 78.751 provides that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(1) Any discretionary
indemnification pursuant to NRS 78.7502, unless ordered by a court or advanced pursuant to NRS 78.751(2), may be made by the corporation
only as authorized in the specific case upon a determination that indemnification of the director, officer, employee or agent
is proper in the circumstances. The determination must be made: (a) by the stockholders; (b) by the board of directors by majority
vote of a quorum consisting of directors who were not parties to the action, suit or proceeding; (c) if a majority vote of a quorum
consisting of directors who were not parties to the action, suit or proceeding so orders, by independent legal counsel in a written
opinion; or (d) if a quorum consisting of directors who were not parties to the action, suit or proceeding cannot be obtained,
by independent legal counsel in a written opinion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(2) The articles of incorporation,
the bylaws or an agreement made by the corporation may provide that the expenses of officers and directors incurred in defending
a civil or criminal action, suit or proceeding must be paid by the corporation as they are incurred and in advance of the final
disposition of the action, suit or proceeding, upon receipt of an undertaking by or on behalf of the director or officer to repay
the amount if it is ultimately determined by a court of competent jurisdiction that he is not entitled to be indemnified by the
corporation. The provisions of this subsection do not affect any rights to advancement of expenses to which corporate personnel
other than directors or officers may be entitled under any contract or otherwise by law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">(3) The indemnification
pursuant to NRS 78.7502 and advancement of expenses authorized in or ordered by a court pursuant to this section: (a) does not
exclude any other rights to which a person seeking indemnification or advancement of expenses may be entitled under the articles
of incorporation or any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, for either an action in
his official capacity or an action in another capacity while holding his office, except that indemnification, unless ordered by
a court pursuant to NRS 78.7502 or for the advancement of expenses made pursuant to subsection 2, may not be made to or on behalf
of any director or officer if a final adjudication establishes that his acts or omissions involved intentional misconduct, fraud
or a knowing violation of the law and was material to the cause of action. A right to indemnification or to advancement of expenses
arising under a provision of the articles of incorporation or any bylaw is not eliminated or impaired by an amendment to such
provision after the occurrence of the act or omission that is the subject of the civil, criminal, administrative or investigative
action, suit or proceeding for which indemnification or advancement of expenses is sought, unless the provision in effect at the
time of such act or omission explicitly authorizes such elimination or impairment after such action or omission has occurred.
(b) continues for a person who has ceased to be a director, officer, employee or agent and inures to the benefit of the heirs,
executors and administrators of such a person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Article X of our Bylaws,
as amended, provides that every person who was or is a party or is threatened to be made a party to or is involved in any action,
suit, or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he or a person of whom
he is the legal representative is or was a director or officer of the Company or is or was serving at the request of the Company
or for its benefit as a director or officer of another corporation, or as its representative in a partnership, joint venture,
trust, or other enterprise shall be indemnified and held harmless to the fullest extent permissible by the Nevada Revised Statutes
from time to time against all expenses, liability and loss (including attorneys&rsquo; fees, judgments, fines, and amounts paid
or to be paid in settlement) reasonably incurred or suffered by him in connection therewith, except any expense or payments incurred
in connection with any claim or liability established to have arisen out of his own willful misconduct or gross negligence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 15. Recent Sales of Unregistered Securities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Since January 1, 2016,
the Company has made the following sales of unregistered securities (after giving effect to a 1-for-15 reverse stock split effective
March 1, 2017, a 1-for-30 reverse stock split effective February 6, 2018 and a 1-for-40 reverse stock split effective November
2, 2018).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Stock Issuances</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the year ended December 31, 2016, the
    Company issued 11 shares of common stock for services, which were fully vested upon the date of issuance. The Company recorded
    an expense of $71,000 for the fair value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the year ended December 31, 2016, the
    Company issued an aggregate of 86 shares of common stock for the settlement of $2,895,000 of amounts accrued in accordance
    with the terms of the LightMiner Asset Purchase Agreement, dated April 24, 2015. As of December 31, 2016, the fair value of
    $567,000 was accrued and held in escrow, which represented 16 shares of common stock. Subsequent to December 31, 2016, the
    escrow was released and the Company issued the shares for settlement of the liability.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On November 21, 2016, the Company issued 29
    shares of restricted common stock in connection with the purchase of Integrio Technologies, LLC. The Company recorded the
    $101,000 value of the shares as part of the purchase price of the assets during the year ended December 31, 2016.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the three months ended March 31, 2017,
    the Company issued 2 shares of common stock related to the acquisition of Integrio Technologies, LLC, which were fully vested
    upon the date of grant. The Company recorded an expense of $7,050 for the fair value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the three months ended March 31, 2017,
    the Company issued 3 shares of common stock for services, which were fully vested upon the date of grant. The Company recorded
    an expense of approximately $14,100 for the fair value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the three months ended March 31, 2017,
    the Company issued 16 shares of common stock for the settlement of $567,000 of shares held in escrow related to the LightMiner
    asset acquisition dated April 24, 2015.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the three months ended June 30, 2017,
    the Company issued 44 shares of common stock for services, which were fully vested upon the date of grant. The Company recorded
    an expense of approximately $144,800 for the fair value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the three months ended September 30,
    2017, the Company issued 82 shares of common stock for services, which were fully vested upon the date of grant. The Company
    recorded an expense of $87,000 for the fair value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">9.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During the three months ended December 31,
    2017, the Company issued 133 shares of common stock for services, which were fully vested upon the date of grant. The Company
    recorded an expense of approximately $55,000 for the fair value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">10.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On October 8, 2018, the Company issued 37,500
    shares of common stock to a consultant for services. The Company recorded an expense of approximately $465,000 for the fair
    value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">11.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On February 28, 2019, the Company issued 200,000
    shares of common stock to a consultant for services.&nbsp;&nbsp;The Company recorded an expense of approximately $242,000
    for the fair value of those shares.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">12.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On April 10, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $2,689,868.23 as of
    April 10, 2019, entered into an exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $500,000 and then cause the
    outstanding balance of the original note to be reduced by $500,000; and (ii) exchange the partitioned note for the delivery
    of 626,566 shares of common stock at an effective price per share equal to $0.798. The shares were delivered on April 12,
    2019.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">13.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On April 24, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $2,198,399.77 as of
    April 24, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $400,000 and then cause the
    outstanding balance to be reduced by $400,000; and (ii) exchange the partitioned note for the delivery of 444,988 shares of
    common stock at an effective price per share equal to $0.8989. The shares were delivered to the note holder on April 25, 2019.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">14.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On May 21, 2019, the Company, through its
    wholly owned subsidiary, Inpixon Canada, Inc., as purchaser (the &ldquo;Purchaser&rdquo;), completed its acquisition (the
    &ldquo;Acquisition&rdquo;) of Locality Systems Inc. pursuant to the terms of a Share Purchase Agreement (the &ldquo;Purchase
    Agreement&rdquo;). Pursuant to the terms and conditions of the Purchase Agreement, the Company issued 650,000 shares of common
    stock as part of the aggregate consideration for the Acquisition.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">15.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On May 28, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,815,462.74 as of
    May 28, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $250,000 and then cause the
    outstanding balance to be reduced by $250,000; and (ii) exchange the partitioned note for the delivery of 312,891 shares of
    common stock, at an effective price per share equal to $0.799. The shares were delivered to the note holder on May 29, 2019.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">16.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On June 13, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,572,434.87 as of
    June 13, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $150,000 and then cause the
    outstanding balance to be reduced by $150,000; and (ii) exchange the partitioned note for the delivery of 239,044 shares of
    common stock, at an effective price per share equal to $0.6275. The shares were delivered to the note holder on June 14, 2019.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">17.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On June 20, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,425,203.02 as of
    June 20, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $200,000 and then cause the
    outstanding balance to be reduced by $200,000; and (ii) exchange the partitioned note for the delivery of 317,461 shares of
    common stock, at an effective price per share equal to $0.63. The shares were delivered to the note holder on June 21, 2019.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">18.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On June 25, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,226,905.63 as of
    June 25, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $200,000 and then cause the
    outstanding balance to be reduced by $200,000; and (ii) exchange the partitioned note for the delivery of 327,869 shares of
    common stock, at an effective price per share equal to $0.61. The shares were delivered to the note holder on June 26, 2019.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">19.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On June 26, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,027,190.88 as of
    June 26, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $135,000 and then cause the
    outstanding balance to be reduced by $135,000; and (ii) exchange the partitioned note for the delivery of 228,814 shares of
    common stock, at an effective price per share equal to $0.59. The shares were delivered to the note holder on June 27, 2019.</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; width: 0.25in">&nbsp;</TD>
    <TD STYLE="padding-right: 0; width: 0.25in"><FONT STYLE="font-size: 10pt">20.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On June 27, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $892,438.72 as of
    June 27, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $170,000 and then cause the
    outstanding balance to be reduced by $170,000; and (ii) exchange the partitioned note for the delivery of 275,974 shares of
    common stock, at an effective price per share equal to $0.616. The shares were delivered to the note holder on June 28, 2019.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">21.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On June 27, 2019, the Company acquired GTX
    in accordance with that certain Asset Purchase Agreement.&nbsp;&nbsp;As part of the consideration for such acquisition, the
    Company issued 1,000,000 shares of its common stock to GTX. Of such shares, 100,000 shares are subject to certain holdback
    restrictions and forfeiture for the purpose of satisfying indemnification claims.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">22.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On July 5, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $724,045.70 as of
    July 5, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $178,500 and then cause the
    outstanding balance to be reduced by $178,500; and (ii) exchange the partitioned note for the delivery of 350,000 shares of
    common stock, at an effective price per share equal to $0.51. The shares were delivered to the note holder on July 8, 2019.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">23.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On July 9, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $546,152.11 as of
    July 9, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $204,000 and then cause the
    outstanding balance to be reduced by $204,000; and (ii) exchange the partitioned note for the delivery of 400,000 shares of
    common stock, at an effective price per share equal to $0.51. The shares were delivered to the note holder on July 10, 2019.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">24.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On July 10, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $342,247.15 as of
    July 10, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $127,500 and then cause the
    outstanding balance to be reduced by $127,500; and (ii) exchange the partitioned note for the delivery of 250,000 shares of
    common stock, at an effective price per share equal to $0.51. The shares were delivered to the note holder on July 11, 2019.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">25.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On July 11, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with a remaining outstanding balance of $214,806.81
    as of July 11, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to
    (i) partition a new promissory note in the form of the original note in the original principal amount equal to $214,806.81
    and then cause the outstanding balance to be reduced by $214,806.81; and (ii) exchange the partitioned note for the delivery
    of 403,772 shares of common stock, at an effective price per share equal to $0.532. The shares were delivered to the note
    holder on July 12, 2019.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; width: 0.25in">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">26.</FONT></TD>
    <TD STYLE="text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On August 15, 2019, the Company acquired through Inpixon Canada, Inc., its wholly owned subsidiary, all of the issued and outstanding shares of Jibestream Inc. in accordance with the terms and conditions of a Share Purchase Agreement, by and among us, Jibestream Inc., Inpixon Canada, Inc., each of the persons set forth on Exhibit A of the Share Purchase Agreement, or the Vendors, and Chris Wiegand, as a Vendor and Vendor&rsquo;s representative, dated July 9, 2019, as amended. As a result of the transaction, Jibestream Inc. became an indirect, wholly owned subsidiary of the Company. In connection with the acquisition of Jibestream Inc., the Company issued 5,068,969 shares of common stock to the Vendors, of which 309,187 shares of common stock are subject forfeiture to secure certain indemnification and other obligations of the Vendors, and the Company agreed to issue 2,864,003 shares of common stock upon the receipt of stockholder approval of such shares, in accordance with and as required by the Nasdaq Listing Rules. The Company issued these shares (a) in reliance upon an exemption from registration under Section 4(a)(2) of the Securities Act for private transactions and (b) in reliance on an exemption from registration provided by Regulation S of the Securities Act inasmuch as the Vendors are persons other than &ldquo;U.S. persons&rdquo; (as defined in Rule 902 under the Securities Act) and the requirements of Rule 903 under the Securities Act were otherwise met.</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Debenture and Series 1 Convertible Preferred
Stock Related Issuances</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">1.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On August 9, 2016, the Company issued to Hillair
    Capital Investments L.P. (&ldquo;Hillair&rdquo;) (i) an 8% Original Issue Discount Senior Convertible Debenture (the &ldquo;Debenture&rdquo;)
    in an aggregate principal amount of $5,700,000 due on August 9, 2018 and (ii) 2,250 shares of Series 1 Convertible Preferred
    Stock, par value $0.001 per share, for an aggregate purchase price of $5,000,000.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">2.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On April 20, 2017, the Company issued to Hillair
    92 shares of the Company&rsquo;s common stock in payment for an interest amount of $315,700 due on May 9, 2017 at an interest
    conversion rate equal to $3,444.00 per share.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">3.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On May 9, 2017, the Company issued 83 shares
    of the Company&rsquo;s common stock upon conversion of 2,250 shares of the Company&rsquo;s Series 1 Convertible Preferred
    Stock by Hillair.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: justify; padding-right: 0">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">4.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During December 2017, 5,725 shares of the
    Company&rsquo;s common stock were issued to pay $1,649,000 in principal of the Debenture at a conversion rate equal to $288.00
    per share.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">5.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">During December 2017, 827 shares of the Company&rsquo;s
    common stock were issued to pay $158,000 in principal of the Debenture at a conversion rate equal to $190.80 per share.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">6.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On February 5, 2018, the holder of the Debenture
    delivered a conversion notice to the Company pursuant to which it converted $300,000 of principal of the Debenture into 1,254
    shares of the Company&rsquo;s common stock. Such shares of common stock were issued on February 6, 2018.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">7.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On February 7, 2018, the holder of the Debenture
    delivered a conversion notice to the Company pursuant to which it converted $400,000 of principal of the Debenture into 2,982
    shares of the Company&rsquo;s common stock.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 0.25in; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">8.</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">On February 9, 2018, the holder of the Debenture
    delivered a final conversion notice to the Company pursuant to which it converted $317,000 of principal of the Debenture into
    2,645 shares of the Company&rsquo;s common stock, which paid the Debenture in full.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Other Convertible Debt Related Issuances</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>May 31, 2017 Subordinated Convertible Promissory
Notes</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On May 31, 2017, the Company
issued and sold subordinated convertible promissory notes in an aggregate principal amount of $2,200,000 due on May 31, 2018 for
an aggregate purchase price of $2,000,000, representing an approximately 9% original issue discount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>November 17, 2017 Convertible Promissory
Note</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On November 17, 2017,
the Company issued a $1,745,000 principal face amount convertible promissory note to an accredited investor which yielded net
proceeds of $1,500,000 to the Company (the &ldquo;November 17, 2017 Note&rdquo;).&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to an exchange
agreement dated October 5, 2018, the Company and the note holder partitioned a new convertible promissory note in the principal
amount of $1,536,649.00 to reduce the outstanding balance of the November 17, 2017 Note by the same amount and exchanged the partitioned
note for the delivery of 142,282 shares of common stock, at an effective price per exchange share equal to $10.80. The offer and
sale of the exchange shares was not registered under the Securities Act, in reliance on an exemption from registration under Section
3(a)(9) of the Securities Act, in that (a) the exchange shares were being issued in exchange for the partitioned note which was
another outstanding security of the Company; (b) there was no additional consideration of value being delivered by the note holder
in connection with the exchange; and (c) there were no commissions or other remuneration being paid by the Company in connection
with the exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to an exchange
agreement dated January 29, 2019, the Company and the note holder partitioned a new convertible promissory note in the principal
amount of $383,768.07 to reduce the outstanding balance of the November 17, 2017 Note by the same amount and exchanged the partitioned
note for the delivery of 172,869 shares of common stock, at an effective price per exchange share equal to $2.22.&nbsp;&nbsp;Following
this partition and exchange, the November 17, 2017 Note was paid in full.&nbsp;&nbsp;The offer and sale of the exchange shares
was not registered under the Securities Act, in reliance on an exemption from registration under Section 3(a)(9) of the Securities
Act, in that (a) the exchange shares were being issued in exchange for the partitioned note which was another outstanding security
of the Company; (b) there was no additional consideration of value being delivered by the note holder in connection with the exchange;
and (c) there were no commissions or other remuneration being paid by the Company in connection with the exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Issuances of Warrants and Exchange Shares</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>December 2016 Warrants and Exchange Shares</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On December 15, 2016,
the Company sold, in a registered offering, 278 shares of common stock at a purchase price of $7,200 per share to certain investors
(the &ldquo;December 2016 Purchasers&rdquo;).&nbsp;&nbsp;Concurrently with the sale of the common stock, the Company also issued
warrants to purchase up to 208 shares of common stock (the &ldquo;December 2016 Warrants&rdquo;) to the December 2016 Purchasers.
The Company engaged Rodman &amp; Renshaw, a unit of H.C. Wainwright &amp; Co., LLC as exclusive placement agent for the issuance
and sale of common stock and warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to exchange agreements
dated December 15, 2017, the Company issued up to an aggregate of 1,667&nbsp;&nbsp;shares of the Company&rsquo;s common stock
to the December 2016 Purchasers, in exchange for the termination and cancellation of the December 2016 Warrants.&nbsp;&nbsp;The
offer and sale of the exchange shares was not registered under the Securities Act, in reliance on an exemption from registration
under Section 3(a)(9) of the Securities Act, in that (a) the exchange shares were being issued in exchange for the December 2016
Warrants which were other outstanding securities of the Company; (b) there was no additional consideration of value being delivered
by the holders in connection with the exchange; and (c) there were no commissions or other remuneration being paid by the Company
in connection with the Exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>August 2017 Warrants</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On August 9, 2017, the
Company issued warrants to purchase up to an aggregate of 917&nbsp;&nbsp;shares of common stock to certain purchasers in consideration
for such purchasers&rsquo; exercise of certain warrants issued by the Company in a registered offering pursuant to that certain
warrant agency agreement dated as of June 30, 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><U>January 2018 Warrants</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">On January 8, 2018, the
Company sold, in a registered offering, an aggregate of 14,996 shares of the Company&rsquo;s common stock, at a purchase price
of $212.40 per share to certain investors.&nbsp;&nbsp;Concurrently with the sale of the common stock, the Company also issued
warrants to purchase up to 14,996 shares of common stock to the purchasers of common stock.&nbsp;&nbsp;Roth Capital Partners,
LLC acted as the exclusive placement agent for this sale and issuance of the common stock and warrants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Unless otherwise stated,
the sales of the above securities were deemed to be exempt from registration under the Securities Act in reliance upon Section
4(a)(2) of the Securities Act (or Regulation D promulgated thereunder). The recipients of the securities in each of these transactions
represented their intentions to acquire the securities for investment only and not with a view to or for sale in connection with
any distribution thereof, and appropriate legends were placed upon any stock certificates issued in these transactions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 16. Exhibits.&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incorporated
    by Reference</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Description</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>File No.</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Date</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filed Herewith</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1&dagger;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843213000583/exh2_1.htm">Asset
    Purchase and Merger Agreement dated March 1, 2013 by and among Sysorex Global Holdings Corp., Lilien, LLC and Lilien Systems.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-190574</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August&nbsp;12,&nbsp;2013</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843213000683/ex2-4.htm">Agreement
    and Plan of Merger dated August 31, 2013 by and among Sysorex Global Holdings Corp., Sysorex Merger Sub, Inc., Shoom, Inc.
    and the Shareholder Representative.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-191648</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.4</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 9, 2013</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843214000009/exh2_6.htm">Agreement
    and Plan of Merger dated as of December 20, 2013, by and among Sysorex Global Holdings Corp., AirPatrol Corporation, AirPatrol
    Acquisition Corp. I, AirPatrol Acquisition Corp. II, and Shareholders Representative Services LLC.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1/A</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-191648</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.6</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">January&nbsp;21,&nbsp;2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.4</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843214000088/ex2-7.htm">Amendment
    No. 1 to Agreement and Plan of Merger dated February 28, 2014 with AirPatrol Corporation.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1/A</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-191648</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.7</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">March 13, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.5</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843214000178/exh2_8.htm">Amendment
    No. 2 to Agreement and Plan of Merger dated April 18, 2014 with AirPatrol Corporation.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 24, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.6</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014006360/fs12014ex12ix_sysorex.htm">Waiver
    and Amendment No. 3 to Agreement and Plan of Merger dated May 30, 2014 with AirPatrol Corporation.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-198502</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">12.9</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 29, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.7&dagger;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390015003169/f8k042415ex2i_sysorexglobal.htm">Asset
    Purchase Agreement, dated as of April 24, 2015, between Sysorex Global Holdings Corp., LightMiner Systems, Inc. and Chris
    Baskett.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 30, 2015</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390015009572/f8k121415ex10iii_sysorex.htm">Agreement
    and Plan of Merger, dated as of December 14, 2015, between Sysorex Global Holdings Corp. and Sysorex Global.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">December 18, 2015</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.9&dagger;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390016018737/f8k111416ex2i_sysorex.htm">Asset
    Purchase Agreement, dated November 14, 2016, among Integrio Technologies, LLC, Emtec Federal, LLC, Sysorex Government Services,
    Inc. and Sysorex Global.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">November 18, 2016</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.10</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390016018983/f8k112116ex2ii_sysorex.htm">Amendment
    No. 1 to Asset Purchase Agreement, dated as of November 21, 2016, by and among Sysorex Global, Sysorex Government Services,
    Inc., Integrio Technologies, LLC and Emtec Federal, LLC.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">November&nbsp;28,&nbsp;2016</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incorporated
    by Reference</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Description</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>File No.</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Date</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filed Herewith</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.11</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017001883/f8k022717ex2i_sysorex.htm">Agreement
    and Plan of Merger, dated as of February 27, 2017, between Sysorex Global and Inpixon.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">March 1, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.12</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018009959/f8k072518ex2-1_inpixon.htm">Agreement
    and Plan of Merger, dated as of July 25, 2018, between Inpixon USA and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">July 31, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.13</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018010745/f10q0618ex2-1_inpixon.htm">Separation
    and Distribution Agreement, dated August 7, 2018 between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-Q</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 13, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.14</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1737372/000121390018012048/f8k083118ex10-5_sysorex.htm">Amendment
    No. 1 to Separation and Distribution Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.5</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">September 4, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.15&dagger;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019009427/f8k052119ex2-1_inpixon.htm">Share
    Purchase Agreement, dated May 21, 2019, by and among Inpixon, Inpixon Canada, Inc., Locality Systems Inc., Kirk Moir, in his
    capacity as the Sellers&rsquo; Representative, the Sellers and Garibaldi Capital Advisors Ltd.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">May 22, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.16&dagger;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011911/f8k0619ex2-1_inpixon.htm">Asset
    Purchase Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">July 1, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.17&dagger;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019012537/f8k070919ex2-1_inpixon.htm">Share
    Purchase Agreement, dated July 9, 2019, by and among Inpixon, Inpixon Canada, Inc., Jibestream Inc., the Vendors, and Chris
    Wiegand, in his capacity as the Vendors&rsquo; Representative.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">July 11, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.18&dagger;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015058/f8k0819ex2-1_inpixon.htm">Amendment
    to Share Purchase Agreement, dated as of August 8, 2019, by and among Inpixon, Inpixon Canada, Inc., Jibestream Inc., the
    Vendors, and Chris Wiegand, in his capacity as the Vendors&rsquo; Representative.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 9, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.19</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019016334/f8k081519ex2-1_inpixon.htm">The
    Second Amendment to the Share Purchase Agreement, dated August 15, 2019, by and among Inpixon, Inpixon Canada, Inc., Jibestream
    Inc, and Chris Wiegand, in his capacity as the Vendors&rsquo; representative.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">2.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 19, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843213000583/exh3_1.htm">Restated
    Articles of Incorporation.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-190574</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 12, 2013</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCEEFF">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017005716/fs12017ex3ii_inpixon.htm">Certificate
    of Amendment to Articles of Incorporation (Increase Authorized Shares).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-218173</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">May 22, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 7.5pt">&nbsp;&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incorporated
    by Reference</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Description</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>File No.</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Date</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filed Herewith</B></FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>

<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843214000149/exh3_1.htm">Certificate
    of Amendment to Articles of Incorporation (Reverse Split).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 10, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.4</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390015009572/f8k121415ex3i_sysorex.htm">Articles
    of Merger (renamed Sysorex Global).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">December&nbsp;18,&nbsp;2015</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.5</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017001883/f8k022717ex3i_sysorex.htm">Articles
    of Merger (renamed Inpixon).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">March 1, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.6</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017001883/f8k022717ex3ii_sysorex.htm">Certificate
    of Amendment to Articles of Incorporation (Reverse Split).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">March 1, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.7</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018001274/f8k020218ex3-1_inpixon.htm">Certificate
    of Amendment to Articles of Incorporation (authorized share increase).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">February 5, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018001324/f8k020518ex3-1_inpixon.htm">Certificate
    of Amendment to Articles of Incorporation (Reverse Split).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">February 6, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.9</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018014795/f8k103118ex3-1_inpixon.htm">Certificate
    of Amendment to Articles of Incorporation (Reverse Split).</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">November 1, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.10</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843213000583/exh3_2.htm">Bylaws,
    as amended.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-190574</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August&nbsp;12,&nbsp;2013</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843213000583/exh4_1.htm">Specimen
    Stock Certificate of the Company.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-190574</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 12, 2013</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018004860/f8k042018ex3-1_inpixon.htm">Form
    of Certificate of Designation of Preferences, Rights and Limitations of Series 4 Convertible Preferred Stock.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 24, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019000710/f8k011419ex3-1_inpixon.htm">Certificate
    of Designation of Series 5 Convertible Preferred Stock, dated as of January 14, 2019.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">January 15, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.4</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018014086/f8k101218ex4-1_inpixon.htm">Promissory
    Note, dated as of October 12, 2018.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 18, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.5</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018018066/f8k122118ex4-1_inpixon.htm">Promissory
    Note, dated as of December 21, 2018.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">December&nbsp;31,&nbsp;2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.6</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843213000583/exh4_3.htm">Warrant
    to purchase common stock dated March 20, 2013 held by Bridge Bank N.A.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-190574</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 12, 2013</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.7</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843213000683/ex4-5.htm">Warrant
    to purchase common stock dated August 29, 2013 held by Bridge Bank N.A.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-191648</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.5</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 9, 2013</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017006771/fs12017a2ex4vii_inpixon.htm">Form
    of Warrant Agency Agreement.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-1/A</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-218173</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.7</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 23, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 7.5pt">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incorporated
    by Reference</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Description</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>File No.</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Date</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filed Herewith</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.9</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017008356/f8k080917ex4i_inpixon.htm">Form
    of Additional Warrant.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 9, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.10</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018000270/f8k010518ex4-1_inpixon.htm">Form
    of Warrant.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">January 9, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.11</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018002034/f8k021418ex4-1_inpixon.htm">Form
    of Warrant.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">February&nbsp;16,&nbsp;2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.12</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018004860/f8k042018ex4-1_inpixon.htm">Form
    of Warrant.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 24, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.13</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019000710/f8k011419ex4-1_inpixon.htm">Form
    of Warrant.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">January 15, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.14</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019000710/f8k011419ex4-2_inpixon.htm">Form
    of Warrant Agency Agreement.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">January 15, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.15</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019007820/f8k050319ex4-1_inpixon.htm">Promissory
    Note, dated as of May 3, 2019.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">May 3, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.16</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011679/f8k062619ex4-1_inpixon.htm">Promissory
    Note, dated as of June 27, 2019.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 27, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.17</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015631/f8k081219ex4-2_inpixon.htm">Form
    of Series A warrants.</A></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 14, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.18</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015631/f8k081219ex4-1_inpixon.htm">Series
    6 Preferred Certificate of Designation, effective as of August 13, 2019.</A></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 14, 2019</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.19</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015058/f8k0819ex4-1_inpixon.htm">Promissory
    Note, dated as of August 8, 2019</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">4.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 9, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">5.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><A HREF="fs1sep2019ex5-1_inpixon.htm"><FONT STYLE="font-size: 10pt">Legal Opinion of Mitchell Silberberg &amp; Knupp LLP.</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">X</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.1+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000139843214000186/exh10_22.htm">Amended
    and Restated 2011 Employee Stock Incentive Plan.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-195655</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.22</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">May 2, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.2+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014007510/f8k102114ex10ix_sysorex.htm">Form
    of Incentive Stock Option Agreement.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.9</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 27, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.3+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014007510/f8k102114ex10v_sysorex.htm">Form
    of Non-Qualified Stock Option Agreement.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.5</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 27, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.4+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014007510/f8k102114ex10vi_sysorex.htm">Form
    of Restricted Stock Award Agreement.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.6</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 27, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.5+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019001250/fs82019ex99-1_inpixon.htm">2018
    Employee Stock Incentive Plan.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">S-8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">333-229374</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">January 25, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.6+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018006573/f8k051718ex10-1_inpixon.htm">2018
    Employee Stock Incentive Plan Form of Incentive Stock Option Agreement.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">May 18, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.7+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018006573/f8k051718ex10-2_inpixon.htm">2018
    Employee Stock Incentive Plan Form of Non-Qualified Stock Option Agreement.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">May 18, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.8+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014007510/f8k102114ex10i_sysorex.htm">Director
    Services Agreement with Leonard A. Oppenheim dated October 21, 2014.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 27, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incorporated
    by Reference</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Description</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>File No.</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Date</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filed Herewith</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.9+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018ex10-9_inpixon.htm">Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Leonard A. Oppenheim dated February 4, 2019.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.9</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">March 28, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.10+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014007510/f8k102114ex10iii_sysorex.htm">Director
    Services Agreement with Kareem M. Irfan dated October 21, 2014.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October&nbsp;27,&nbsp;2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.11+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018ex10-11_inpixon.htm">Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Kareem M. Irfan dated February 4, 2019.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.11</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">March 28, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.12+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014007510/f8k102114ex10iv_sysorex.htm">Director
    Services Agreement with Tanveer A. Khader dated October 21, 2014.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.4</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 27, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.13+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018ex10-13_inpixon.htm">Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Tanveer A. Khader dated February 4, 2019.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.13</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">March 28, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.15+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018006366/f10q0318ex10-14_inpixon.htm">Amended
    and Restated Employment Agreement by and between the Company and Nadir Ali</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-Q</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.14</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">May 15, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.16+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390014007510/f8k102114ex10viii_sysorex.htm">Employment
    Agreement, effective as of October 1, 2014, between Wendy Loundermon and the Company.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">October 27, 2014</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.17+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017003902/f10k2016ex10li_inpixon.htm">Employment
    Agreement dated November 4, 2016, by and between Sysorex USA and Soumya Das.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.51</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 17, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.18+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018010745/f10q0618ex10-9_inpixon.htm">Amended
    Compensation Terms for Soumya Das</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-Q</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.9</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 13, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.19+</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018012050/f8k083118ex10-8_inpixon.htm">Amendment
    to Employment Agreement dated August 31, 2018 among Inpixon, Sysorex, Inc. and Soumya Das</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.8</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">September&nbsp;4,&nbsp;2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.20</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017003902/f10k2016ex10lvii_inpixon.htm">Lease
    Agreement dated August 21, 2014, by and between ECI Two Bayshore LLC and Sysorex Global Holdings Corp.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.57</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 17, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.21</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017003902/f10k2016ex10liii_inpixon.htm">Commercial
    Lease Amendment dated September 19, 2016, by and between 424116 B.C. Ltd. and Sysorex Canada Corp.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.53</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">April 17, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 7.5pt">&nbsp;</P>


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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incorporated
    by Reference</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Description</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>File No.</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Date</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filed Herewith</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.22</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017008939/f8k081417ex10-1_inpixon.htm">Amended
    and Restated GemCap Loan and Security Agreement: Payplant Loan and Security Agreement, by and among GemCap Lending, LLC, Inpixon,
    Inpixon USA, Inpixon Federal, Inc. and Payplant LLC, as agent for Payplant Alternatives Fund LLC.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August&nbsp;18,&nbsp;2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.23</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390017008939/f8k081417ex10-2_inpixon.htm">Payplant
    Client Agreement by and among Inpixon, Inpixon USA, Inpixon Federal, Inc. and Payplant LLC.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">August 18, 2017</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.24</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1737372/000121390018012048/f8k083118ex10-6_sysorex.htm">Amendment 1 to Payplant Client Agreement dated August 31, 2018 between Inpixon, Sysorex, Inc., Sysorex Government Services, Inc. and Payplant LLC.</A></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">10.6</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">September 4, 2018</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>

<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.25</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1737372/000121390018012048/f8k083118ex10-1_sysorex.htm">Transition
    Services Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">September&nbsp;4,&nbsp;2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.26</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1737372/000121390018012048/f8k083118ex10-2_sysorex.htm">Tax
    Matters Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">September 4, 2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.27</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1737372/000121390018012048/f8k083118ex10-3_sysorex.htm">Employee
    Matters Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.3</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">September 4, 2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.28</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1737372/000121390018012048/f8k083118ex10-4_sysorex.htm">Assignment
    and Assumption Agreement dated August 31, 2018 between members of the Inpixon Group and members of the Sysorex Group</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">September 4, 2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.29</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018014086/f8k101218ex10-1_inpixon.htm">Note
    Purchase Agreement, dated as of October 12, 2018.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">October 18, 2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.30</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018018066/f8k122118ex10-1_inpixon.htm">Note
    Purchase Agreement, dated as of December 21, 2018.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">December&nbsp;31,&nbsp;2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.31</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019001982/f8k020419ex10-1_inpixon.htm">Global
    Amendment, dated February 8, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 8, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.32</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018017050/f8k120718ex1-1_inpixon.htm">Dealer-Manager
    Agreement, dated December 7, 2018, between Maxim Group LLC and Inpixon.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">1.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">December 7, 2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.33</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019000710/f8k011419ex1-1_inpixon.htm">Amendment
    to Dealer-Manager Agreement, dated January 14, 2019, between Maxim Group LLC and Inpixon.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">1.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">January 15, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.34</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018018066/f8k122118ex10-2_inpixon.htm">Note&nbsp;Purchase
    Agreement, dated as of December 31, 2018, by and between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">December 31, 2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.35</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390018018066/f8k122118ex10-3_inpixon.htm">Sysorex
    Secured Promissory Note, dated as of December 31, 2018.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.3</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">December 31, 2018</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.36</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019001982/f8k020419ex10-2_inpixon.htm">First
    Amendment Agreement, dated as of February 4, 2019, between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">February 8, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.37+</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018ex10-9_inpixon.htm">Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Leonard A. Oppenheim dated February 4, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.9</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">March 28, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.38+</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018ex10-11_inpixon.htm">Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Kareem M. Irfan dated February 4, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.11</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">March 28, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.39+</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018ex10-13_inpixon.htm">Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Tanveer A. Khader dated February 4, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.13</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">March 28, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.40</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005887/f8k040219ex10-1_inpixon.htm">Second
    Amendment Agreement, dated as of April 2, 2019, between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">April 5, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 7.5pt">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incorporated
    by Reference</B></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 7%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 43%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit Description</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 5%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>File No.</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filing Date</B></FONT></TD>
    <TD STYLE="width: 1%; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Filed Herewith</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.41&dagger;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019007820/f8k050319ex10-1_inpixon.htm">Note
    Purchase Agreement, dated as of May 3, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">May 3, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.42#</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019008618/f10q0319ex10-11_inpixon.htm">Das
    Commission Plan.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10-Q</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.11</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">May 14, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.43</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019009427/f8k052119ex10-1_inpixon.htm">General
    Security Agreement, dated May 21, 2019, executed by Locality Systems Inc. in favor of the Sellers.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">May 22, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.44</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019009427/f8k052119ex10-2_inpixon.htm">Guaranty
    Agreement, dated May 21, 2019, executed by Inpixon in favor of the Sellers.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">May 22, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.45</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019009427/f8k052119ex10-3_inpixon.htm">Third
    Amendment Agreement, dated as of May 22, 2019, between Inpixon and Sysorex, Inc.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.3</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">May 22, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.46</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011679/f8k062619ex10-2_inpixon.htm">Note
    Purchase Agreement, dated as of June 27, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">June 27, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.47&dagger;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011911/f8k0619ex10-1_inpixon.htm">Patent
    Assignment and License-Back Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">July 1, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.48&dagger;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011911/f8k0619ex10-4_inpixon.htm"><FONT STYLE="font-size: 10pt">Patent License Agreement, dated June 27, 2019, by and between Inpixon and Inventergy.</FONT></A></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.4</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">July 1, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.49&dagger;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011911/f8k0619ex10-2_inpixon.htm">Patent License Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.</A></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">July 1, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.50&dagger;#</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011911/f8k0619ex10-5_inpixon.htm">Consulting
    Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.5</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">July 1, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.51</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019011911/f8k0619ex10-6_inpixon.htm">Form
    of Promissory Note.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.6</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">July 1, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.52&dagger;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015058/f8k0819ex10-1_inpixon.htm">Note
    Purchase Agreement, dated as of August 8, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">August 9, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.53</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015058/f8k0819ex10-2_inpixon.htm">Standstill
    Agreement, dated as of August 8, 2019.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">August 9, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.54</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019015058/f8k0819ex10-3_inpixon.htm">Form
    of Jibestream Note.</A></U></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10.3</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">August 9, 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">21</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019005135/f10k2018ex21-1_inpixon.htm">List
    of Subsidiaries of the Company.</A></U></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">10-K</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;001-36404</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">21</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">March 28, 2019</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">23.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="fs1sep2019ex23-1_inpixon.htm"><FONT STYLE="font-size: 10pt">Consent of Marcum LLP.</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">X</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">23.2</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="fs1sep2019ex23-2_inpixon.htm"><FONT STYLE="font-size: 10pt">Consent of MNP LLP.</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">X</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">23.3</FONT></TD>
    <TD>&nbsp;</TD>
    <TD><A HREF="fs1sep2019ex5-1_inpixon.htm"><FONT STYLE="font-size: 10pt">Consent of Mitchell Silberberg &amp; Knupp LLP (included in Exhibit 5.1).</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">X</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">24.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><A HREF="#poa_01"><FONT STYLE="font-size: 10pt">Power of Attorney (included on signature page).</FONT></A></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0.8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">X</FONT></TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt; color: blue"><U><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019013635/f8k070919a1ex99-1_inpixon.htm">Jibestream&rsquo;s
    Audited Consolidated Financial Statements and the notes related thereto.</A></U></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K/A</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">July 25, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">99.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019017992/f8k081519a1ex99-2_inpixon.htm" STYLE="-sec-extract: exhibit">Jibestream&rsquo;s Interim Unaudited Consolidated Financial Statements and the notes related thereto.</A></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K/A</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">99.2</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">September 13, 2019</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
<TR STYLE="background-color: #CCEEFF">
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">99.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1529113/000121390019017992/f8k081519a1ex99-3_inpixon.htm" STYLE="-sec-extract: exhibit">Inpixon and Jibestream&rsquo;s Unaudited Pro Form Condensed Combined Financial Statements and the notes related thereto.</A></FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">8-K/A</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">001-36404</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">99.3</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt">September 13, 2019&nbsp;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 0.25in; padding-right: 0"><FONT STYLE="font-size: 10pt">+</FONT></TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Indicates a management contract or compensatory plan.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">&dagger;</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Exhibits, schedules and similar attachments
    have been omitted pursuant to Item 601 of Regulation S-K and the registrant undertakes to furnish supplemental copies of any
    of the omitted exhibits and schedules upon request by the SEC.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">#</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Certain confidential portions of this Exhibit
    were omitted by means of marking such portions with brackets (&ldquo;[****]&rdquo;) because the identified confidential portions
    (i) are not material and (ii) would be competitively harmful if publicly disclosed.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 17. &nbsp;Undertakings.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 36px; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 36px; padding-right: 0"><FONT STYLE="font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 0"><FONT STYLE="font-size: 10pt">The undersigned registrant hereby undertakes:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 96px; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 36px; padding-right: 0"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">To file, during any period
    in which offers or sales are being made, a post-effective amendment to this registration statement:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 132px; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 48px; padding-right: 0"><FONT STYLE="font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 0; text-align: justify"><FONT STYLE="font-size: 10pt">To include any prospectus required by Section
    10(a) (3) of the Securities Act of 1933, as amended;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 132px; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 48px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">(ii)</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">To reflect in the prospectus any facts or
    events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof)
    which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement.
    Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities
    offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering
    range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
    changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the &ldquo;Calculation
    of Registration Fee&rdquo; table in the effective registration statement.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 132px; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 48px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">(iii)</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">To include any material information with respect
    to the plan of distribution not previously disclosed in the registration statement or any material change to such information
    in the registration statement;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><I>provided, however</I>, that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii)
of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities
Exchange Act of 1934 that are incorporated by reference in the registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 24px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">That, for the purpose of determining any liability
    under the Securities Act of 1933, as amended, each such post-effective amendment shall be deemed to be a new registration
    statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to
    be the initial bona fide offering thereof.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 24px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">To remove from registration by means of a
    post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 96px; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 24px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0">That, for the purpose of determining liability under the Securities Act
    of 1933 to any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an
    offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A,
    shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness;
    provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement
    or made in a document incorporated or deemed&nbsp;incorporated by reference&nbsp;into the registration statement or prospectus
    that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use,
    supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration
    statement or made in any such document immediately prior to such date of first use.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 36px; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 24px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">The undersigned registrant hereby undertakes
    that, for purposes of determining any liability under the Securities Act of 1933, as amended, each filing of the registrant&rsquo;s
    annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each
    filing of an employee benefit plan&rsquo;s annual report pursuant to section 15(d) of the Securities Exchange Act of 1934)
    that is incorporated by reference in this registration statement shall be deemed to be a new registration statement relating
    to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona
    fide offering thereof.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 36px; text-align: justify; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 24px; text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="text-align: justify; padding-right: 0"><FONT STYLE="font-size: 10pt">Insofar as indemnification for liabilities
    arising under the Securities Act of 1933, as amended, may be permitted to directors, officers, and controlling persons of
    the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of
    the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and is, therefore,
    unenforceable.&nbsp; In the event that a claim for indemnification against such liabilities (other than the payment by the
    registrant of expenses incurred or paid by a director, officer, or controlling person of the registrant in the successful
    defense of any action, suit, or proceeding) is asserted by such director, officer, or controlling person in connection with
    the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by
    controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is
    against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;&nbsp;&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Palo Alto, State of California, on September 13, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt"><B>INPIXON</B>&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 4%; padding-right: 0">&nbsp;</TD>
    <TD STYLE="width: 36%; padding-right: 0">&nbsp;</TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 0; padding-bottom: 1.5pt"><FONT STYLE="font-size: 10pt">By:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; padding-right: 0"><FONT STYLE="font-size: 10pt">/s/ Nadir Ali</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Nadir Ali</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Chief&nbsp;Executive Officer</FONT></TD>
    </TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B><A NAME="poa_01"></A>POWER OF ATTORNEY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">We, the undersigned officers
and directors of Inpixon, hereby constitute and appoint Nadir Ali and Wendy Loundermon and each of them, the true and lawful agents
and attorneys-in-fact of the undersigned with full power and authority in said agents and attorneys-in-fact, and in any one or
more of them, to sign for the undersigned and in their respective names as an officer/director of the Company, a registration
statement on Form S-1 (or other appropriate form) relating to the offer and sale of common stock of the Company pursuant to this
registration statement and any amendments thereto and file the same, with all exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, and with full power of substitution; hereby ratifying and confirming all
that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 30%; border-bottom: Black 1.5pt solid; padding-right: 0"><FONT STYLE="font-size: 10pt"><B>Signature</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 0; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 45%; border-bottom: Black 1.5pt solid; padding-right: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Title</B></FONT></TD>
    <TD STYLE="width: 4%; padding-right: 0; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="width: 19%; border-bottom: Black 1.5pt solid; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt"><B>Date</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding-right: 0"><FONT STYLE="font-size: 10pt"><I>/s/
    Nadir Ali</I></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0"><FONT STYLE="font-size: 10pt">Chief Executive Officer and Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">September 13, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Nadir Ali</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">(Principal Executive Officer)</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
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<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1.5pt solid; padding-right: 0"><FONT STYLE="font-size: 10pt"><I>/s/
    Wendy Loundermon</I></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 0"><FONT STYLE="font-size: 10pt">Vice President of Finance and Director</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 0">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">September 13, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Wendy Loundermon</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">(Principal Financial and Accounting Officer)</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
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    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1.5pt solid; padding-right: 0"><FONT STYLE="font-size: 10pt"><I>/s/ Leonard Oppenheim</I></FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0"><FONT STYLE="font-size: 10pt">September 13, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 0"><FONT STYLE="font-size: 10pt">Leonard Oppenheim</FONT></TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="padding-right: 0">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 0">&nbsp;</TD></TR>
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{"company-data": {"conformed-name": "INPIXON", "cik": "0001529113", "assigned-sic": "7371", "irs-number": "880434915", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-1", "act": "33", "file-number": "333-233763", "film-number": "191093214"}, "business-address": {"street1": "2479 E. BAYSHORE ROAD", "street2": "SUITE 195", "city": "PALO ALTO", "state": "CA", "zip": "94303", "phone": "(408) 702-2167"}, "mail-address": {"street1": "2479 E. BAYSHORE ROAD", "street2": "SUITE 195", "city": "PALO ALTO", "state": "CA", "zip": "94303"}, "former-company": [{"former-conformed-name": "Sysorex Global", "date-changed": "20160216"}, {"former-conformed-name": "Sysorex Global Holdings Corp.", "date-changed": "20130808"}, {"former-conformed-name": "Sysorex Global Holding Corp.", "date-changed": "20110901"}]}
As filed with the Securities and Exchange Commission on September
13, 2019
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM S-1
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
INPIXON
(Exact name of registrant
as specified in its charter)
Nevada
88-0434915
(State
                                         or other jurisdiction of
incorporation
                                         or organization)
(I.R.S.
                                         Employer
Identification
                                         Number)
2479 E. Bayshore Road,
Suite 195
Palo Alto, CA 94303
(408) 702-2167
(Address, including zip
code, and telephone number, including area code, of registrant's principal executive offices)
Nadir Ali
Chief Executive Officer
Inpixon
2479 E. Bayshore Road,
Suite 195
Palo Alto, CA 94303
(408) 702-2167
(Name, address, including
zip code, and telephone number, including area code, of agent for service)
with copies to:
Melanie Figueroa,
Esq.
Mitchell Silberberg
& Knupp LLP
437 Madison Avenue,
25
th
Floor
New York, NY 10022
(917) 546-7707
Approximate date of commencement of proposed
sale to the public:
As soon as practicable after this Registration Statement is declared effective.
If any of the securities
being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act
of 1933, check the following box.
☒
If this Form is filed
to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and
list the Securities Act registration statement number of the earlier effective registration statement for the same offering.
☐
If this Form is a post-effective
amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering.
☐
If this Form is a post-effective
amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration
statement number of the earlier effective registration statement for the same offering.
☐
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
☐
Non-accelerated filer
☐
Smaller reporting company
☒
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 to Section 7(a)(2)(B) of the Securities Act.
☒
CALCULATION OF REGISTRATION
FEE
Title
    of each class of
securities to be registered(1)
Amount
                                         to be
Registered(1)
Proposed
Maximum
Offering
                                         Price
per
                                         Share(2)
Proposed
Maximum
Aggregate
Offering
                                         Price(2)
Amount
                                         of
Registration
                                         Fee
Common Stock, $0.001 par value
8,932,972
$
0.134
$
1,197,018.25
$
145.08
(1)
The shares will be offered for resale by the selling stockholders. Pursuant to Rule 416 of
    the Securities Act of 1933, as amended (the "Securities Act"), this registration statement also covers such additional
    number of shares of common stock that may become issuable as a result of any stock splits, stock dividends, or other similar
    transactions.
(2)
Estimated solely for the purpose of computing the registration fee. The proposed maximum offering
    price per share and maximum aggregate offering price for the shares being registered hereby are calculated in accordance with
    Rule 457(c) under the Securities Act using the average of the high and low sales price per share of the registrant's
    common stock on September 10, 2019, as reported on the Nasdaq Capital Market.
The registrant hereby amends this registration
statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment
that specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of
the Securities Act or until this registration statement shall become effective on such date as the Securities and Exchange Commission,
acting pursuant to said Section 8(a), may determine.
The information
in this preliminary prospectus is not complete and may be changed. The selling stockholders may not sell these securities until
the registration statement filed with the Securities and Exchange Commission is declared effective. This preliminary prospectus
is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any state where the offer
or sale is not permitted.
PRELIMINARY PROSPECTUS
SUBJECT TO COMPLETION
DATED SEPTEMBER 13,
    2019
PROSPECTUS
8,932,972 shares of common stock
On
June 27, 2019, we acquired certain assets of GTX Corp, or GTX, consisting of a portfolio of global positioning system, or GPS,
technologies and intellectual property, in accordance with the terms and conditions of an Asset Purchase Agreement, dated June
27, 2019, or the Asset Purchase Agreement.
On
August 15, 2019, we acquired through Inpixon Canada, Inc., our wholly owned subsidiary, all of the issued and outstanding shares
of Jibestream Inc., or Jibestream, a provider of indoor mapping and location technology, in accordance with the terms and conditions
of a Share Purchase Agreement, by and among us, Jibestream, Inpixon Canada, Inc., each of the persons set forth on
Exhibit A of the Share Purchase Agreement, or the Vendors, and Chris Wiegand, as a Vendor and Vendor's representative, dated
July 9, 2019, as amended, or the Purchase Agreement. As a result of the transaction, Jibestream became an indirect, wholly owned
subsidiary of our company. In connection with the acquisition of Jibestream, we issued 5,068,969 shares of our common stock to
the Vendors, of which 309,187 shares of common stock, or the Holdback Shares, are subject forfeiture to secure certain indemnification
and other obligations of the Vendors, and we agreed to issue 2,864,003 shares of common stock, or the Excess Shares, upon the
receipt of stockholder approval of such shares, in accordance with and as required by the Nasdaq Listing Rules.
This
prospectus relates to the resale at various times by (i) GTX of up to 1,000,000 shares of our common stock issued to GTX pursuant
to the Asset Purchase Agreement and (ii) the Vendors of up to 7,932,972 shares of our common stock, which include the Holdback
Shares and the Excess Shares. Such shares of our common stock are referred to herein as the "Stock Consideration".
GTX and the Vendors are referred to herein as the "selling stockholders."
We
are not selling any securities under this prospectus and will not receive any of the proceeds from the sale of shares by the selling
stockholders.
The
selling stockholders may sell the shares of common stock described in this prospectus in a number of different ways and at varying
prices. See "Plan of Distribution" for more information about how the selling stockholders may sell the shares of
common stock being registered.
We
will pay the expenses incurred in registering the shares, including legal and accounting fees.
Our
common stock is listed on the Nasdaq Capital Market under the symbol "INPX." On September 9, 2019, the closing price
of our common stock as reported by the Nasdaq Capital Market was $0.14 per share.
We are an "emerging
growth company" as defined under the federal securities laws and, as such, may elect to comply with certain reduced public
company reporting requirements for future filings. As an emerging growth company, we are able to take advantage of an extended
transition period to comply with new or revised accounting standards applicable to public companies. We chose to "opt out"
of this provision. Therefore, we are subject to the same new or revised accounting standards as other public companies that are
not emerging growth companies.
An investment in our
common stock involves a high degree of risk. See "Risk Factors" on page 8 of this prospectus for more information
on these risks.
Neither the Securities
and Exchange Commission nor any state securities commission has approved or disapproved of these securities, or passed upon the
adequacy or accuracy of this prospectus.  Any representation to the contrary is a criminal offense.
The date of this prospectus is              ,
2019.
TABLE OF CONTENTS
Page
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING STATEMENTS
ii
PROSPECTUS SUMMARY
1
THE OFFERING
7
RISK FACTORS
8
USE OF PROCEEDS
11
DESCRIPTION OF CAPITAL STOCK
12
SELLING STOCKHOLDERS
17
PLAN OF DISTRIBUTION
19
LEGAL MATTERS
21
EXPERTS
21
WHERE YOU CAN FIND MORE INFORMATION
21
INFORMATION INCORPORATED BY REFERENCE
22
You should rely only on
the information contained or incorporated by reference in this prospectus. We have not authorized any other person to provide
you with different information. If anyone provides you with different or inconsistent information, you should not rely on it.
This prospectus may only be used where it is legal to offer and sell shares of our common stock. If it is against the law in any
jurisdiction to make an offer to sell these shares, or to solicit an offer from someone to buy these shares, then this prospectus
does not apply to any person in that jurisdiction, and no offer or solicitation is made by this prospectus to any such person.
You should assume that the information appearing in this prospectus is accurate only as of the date on the front cover of this
prospectus, regardless of the time of delivery of this prospectus or of any sale of common stock. Our business, financial condition,
results of operations and prospects may have changed since such date. Information contained on our website is not a part of this
prospectus.
i
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING
STATEMENTS
This prospectus contains
forward-looking statements that involve risks and uncertainties. You should not place undue reliance on these forward-looking
statements. Our actual results could differ materially from those anticipated in the forward-looking statements. In some cases,
you can identify these forward-looking statements by terms such as "anticipate," "believe," "continue,"
"could," "depends," "estimates," "expects," "intends," "may,"
"ongoing," "plan," "potential," "predict," "project," "should,"
"will," "would" or the negative of those terms or other similar expressions, although not all forward-looking
statements contain those words.
We have based these forward-looking
statements largely on our current expectations and projections about future events and financial trends that we believe may affect
our financial condition, results of operations, business strategy and financial needs. These forward-looking statements are subject
to a number of known and unknown risks, uncertainties and assumption
s,
including risks described in the section titled "
Risk Factors
" and elsewhere in this prospectus, regarding,
among other things:
●
our
                                         limited cash and our history of losses;
●
our
                                         ability to achieve profitability;
●
our
                                         limited operating history with recent acquisitions;
●
our
                                         ability to successfully integrate companies we acquire;
●
emerging
                                         competition and rapidly advancing technology in our industry that may outpace our technology;
●
customer
                                         demand for the products and services we develop;
●
the
                                         impact of competitive or alternative products, technologies and pricing;
●
our
                                         ability to manufacture any products we develop;
●
general
                                         economic conditions and events and the impact they may have on us and our potential customers;
●
our
                                         ability to obtain adequate financing in the future;
●
our
                                         ability to continue as a going concern;
●
our
                                         ability to consummate strategic transactions, which may include acquisitions, mergers,
                                         dispositions or investments;
●
uncertainty
                                         relating to the ongoing SEC investigation; and
●
our
                                         success at managing the risks involved in the foregoing items.
These
risks are not exhaustive. Other sections of this prospectus, including the documents incorporated by reference herein, may include
additional factors that could adversely affect our business and financial performance. Moreover, we operate in a very competitive
and rapidly changing environment. New risk factors emerge from time to time, and it is not possible for our management to predict
all risk factors nor can we assess the impact of all factors on our business or the extent to which any factor, or combination
of factors, may cause actual results to differ materially from those contained in, or implied by, any forward-looking
statements.
You should read this prospectus with the understanding that our actual future results, levels of activity, performance and achievements
may be materially different from what we expect. Except as required by law, we undertake no obligation to update publicly any
forward looking statements for any reason after the date of this prospectus or to conform these statements to actual results or
to changes in our expectations.
We qualify all of our
forward-looking statements by these cautionary statements.
Unless otherwise stated
or the context otherwise requires, the terms "Inpixon," "we," "us," "our," "our
company" and the "Company" refer collectively to Inpixon and its subsidiaries.
ii
PROSPECTUS SUMMARY
The following summary
highlights information contained elsewhere or incorporated by reference in this prospectus. This summary may not contain all of
the information that may be important to you. You should read this entire prospectus carefully, including the matters discussed
under the heading "Risk Factors" in this prospectus.
The Company
We are a technology company
that helps to secure, digitize and optimize any premises with Indoor Positioning Analytics, sometimes referred to herein as "IPA,"
for businesses and governments in the connected world. Inpixon Indoor Positioning Analytics is based on new sensor technology
that finds all accessible cellular, Wi-Fi, Bluetooth and RFID signals anonymously. Paired with a high-performance, data analytics
platform, this technology delivers visibility, security and business intelligence on any commercial or government premises worldwide.
Inpixon Indoor Pos
itioning
Analytics offer:
●
New
                                         sensors with proprietary technology that can find all accessible cellular, Wi-Fi, Bluetooth
                                         and RF signals. Utilizing various radio signal technologies ensures precision device
                                         positioning accurately down to an arm's length. This enables highly detailed understanding
                                         of customer journeys and dwell time in retail scenarios, detection and identification
                                         of authorized and unauthorized devices, and prevention of rogue devices through alert
                                         notification when unknown devices are detected in restricted areas.
●
Data
                                         science analytics with lightning fast data mining using an in-memory database that uses
                                         a dynamic blend of RAM and NAND along with specially optimized algorithms that both minimize
                                         data movement and maximize system performance. This enables the system to deliver reports
                                         with valuable insights to the user as well as to integrate with common third party visualization,
                                         charting, graphing and dashboard systems.
●
Insights
                                         that deliver visibility and business intelligence about detailed customer journey and
                                         flow analysis of in-stores and storefronts allowing businesses to better understand customer
                                         preferences, measure campaign effectiveness, uncover revenue opportunities and deliver
                                         exceptional shopping experiences.
Inpixon
Indoor Positio
ning Analytics can assist all types of establishments, including brands, retailers, shopping malls and shopping
centers, hotels and resorts, gaming operators, airports, healthcare facilities, office buildings and government agencies, by providing
greater security, gaining better business intelligence, increasing consumer confidence and reducing risk while being compliant
with applicable "Personal Identifiable Information" regulations.
1
Our Products and Services
We provide the following
products and services that may be used by any number of businesses and government agencies, including but not limited to
,
commercial offices, retail locations, airports, hospitals, financial institutions, hospitality venues and educational institutions.
●
Inpixon
                                         Security (formerly AirPatrol ZoneDefense)
– This is a mobile security
                                         and detection suite of products that locates devices operating within a monitored area,
                                         determines their compliance with network security policies for that zone, and if the
                                         device is not compliant, can trigger policy modification of device apps and/or features
                                         either directly or via third party mobile device, application and network management
                                         tools. As explained further below, our recent acquisition of Locality Systems Inc. ("Locality")
                                         enhanced this product by allowing us to offer Locality's solution, which provides
                                         radio frequency ("RF") augmentation of video monitoring systems, to our customers.
                                         Our smart school safety network technology, recently acquired from GTX Corp as explained
                                         further below, further strengthens this product line and will assist school staff and
                                         first responders with locating students during emergency situations.
●
Inpixon
                                         Intelligence (formerly AirPatrol ZoneAware)
– This is a commercial
                                         product for enabling location and/or context-based marketing services and information
                                         delivery to mobile devices based on zones as small as 10 feet or as large as a square
                                         mile. The monitored areas may include a building, a campus, a mall, and outdoor regions
                                         like a downtown. Unlike other mobile locationing technologies, our technologies use passive
                                         sensors that work over both cellular and Wi-Fi networks and offer device locationing
                                         and zone-based app and information delivery accurate to within 10 feet. Additionally,
                                         unlike geo-fencing systems, our technologies are capable of simultaneously enabling different
                                         policies and delivering different apps or information to multiple devices within the
                                         same zone based on contexts such as the type of device, the device user and time of day.
                                         Our recent acquisition of Locality enhanced this product by allowing us to now offer
                                         a lower cost, Wi-Fi only solution to customers who may later upgrade to our full Inpixon
                                         Intelligence solution.
●
Shoom
                                         Products
(eTearsheets; eInvoice, AdDelivery, ePaper) – The Shoom products
                                         are Cloud based applications and analytics for the media and publishing industry. These
                                         products also generate critical data analytics for the customers.
IPA
Product Enhancements
As a company in the information
and technology industry, keeping up with the technological advancements within the industry is critical to our long-term success
and growth. As a result, our senior management must continuously work to ensure that they remain informed and prepared to quickly
adapt and leverage new technologies within our product and service offering as such technologies become available. In connection
with that goal, our product roadmap development plans include the use of blockchain technology to maintain and propagate device
reputation, enforcing security policies and attaining compliance, artificial intelligence for amassing anonymous device information,
integrating video image analytics for additional attributes, ultra-wideband technology for asset tracking and a voice-assisted
analytics interface.
Corporate Structure
We have three operating subsidiaries: (i) Inpixon Canada, Inc. (100% ownership) based in Coquitlam, British
Columbia; (ii) Jibestream Inc., (100% indirect ownership through Inpixon Canada, Inc.); and (iii) Sysorex India (82.5% ownership)
based in Hyderabad, India.
Although the subsidiaries
are separate legal entities, we are currently structured by function and organized to operate in an integrated fashion as one
business.
2
Corporate Strategy
Management continues to
pursue a corporate strategy that is focused on building and developing our business as a provider of turnkey solutions ranging
from the collection of data to delivering insights from that data to our customers with a focus on securing, digitizing and optimizing
premises with IPA for businesses and governments. In connection with such strategy and in order to facilitate our long-term growth,
we are evaluating various strategic transactions and acquisitions of companies with technologies and intellectual property ("IP")
that complement such goals by adding technology, differentiation, customers and/or revenue. We are primarily looking for accretive
opportunities that have business value and operational synergies. We believe these complimentary technologies will allow us to
provide a comprehensive Indoor Positioning Platform, or one-stop shop to our customers. We believe that acquiring complementary
products and/or IP will add value to the Company. Candidates with proven technologies that complement our overall strategy may
come from anywhere in the world, so long as there are strategic and financial reasons to make the acquisition. If we make any
acquisitions in the future, we expect that we may pay for such acquisitions using our equity securities, cash and debt financing
in combinations appropriate for each acquisition. In connection with this strategy, on May 21, 2019, we acquired Locality, a technology
company based near Vancouver, Canada, specializing in wireless device positioning and radio frequency ("RF") augmentation
of video surveillance systems. In addition, on June 27, 2019, we acquired certain global positioning system ("GPS")
products, software, technologies, and intellectual property from GTX, a U.S. based company specializing in GPS technologies. These
transactions expand our patent portfolio and includes certain granted or licensed patents and GPS and RF technologies. Furthermore,
on August 15 2019, we acquired Jibestream Inc., a provider of highly configurable indoor mapping and location platforms to expand
our suite of products. This acquisition allows us to use Jibestream's mapping technology with our existing indoor positioning
offerings to offer our customers a more comprehensive suite of products going forward.
Acquisition of Locality Systems
On May 21, 2019, we completed
through our subsidiary, Inpixon Canada, Inc., our acquisition of Locality pursuant to the terms of a Share Purchase Agreement.
Locality is a British Columbia corporation that specializes in wireless device positioning and RF augmentation of video surveillance
systems. Locality's video management system ("VMS") integration, currently available for a number of VMS vendors,
can assist security personnel in identifying potential suspects and tracking their movements cross-camera and from one facility
to another. The solution is designed to enhance traditional security video feeds by correlating RF signals with video images.
Based on third-party market research, the video surveillance market is forecasted to grow from $36.9 billion in 2018 to $68.3
billion by 2023, at a compound annual growth rate, or CAGR, of 13.1%. In addition, this technology can be used within the casino
management market, which is estimated to grow to $12 billion by 2025, at a CAGR of 14.8% and can help retail customers mitigate
the harm caused by organized retail crime, which is estimated to cost the retail industry nearly $30 billion per year.
At closing, the owners
of all of the issued and outstanding capital stock of Locality sold all of their shares in exchange for consideration of (i) USD
$1,500,000 (the "Aggregate Cash Consideration") (A) minus the amount by which the Estimated Working Capital (as defined
in the Share Purchase Agreement) is less than the Working Capital Target (as defined in the Share Purchase Agreement), or (B)
plus the amount by which the Estimated Working Capital is greater than the Working Capital Target (as the case may be, the "Estimated
Working Capital Adjustment"), and (ii) 650,000 shares of the Company's common stock.
The Aggregate Cash Consideration,
minus or plus (as the case may be) the Estimated Working Capital Adjustment to be applied against the Aggregate Cash Consideration
(which will be calculated within 90 days of closing), will be paid in installments as follows: (i) the initial installment representing
$250,000 minus or plus (as the case may be) the Estimated Working Capital Adjustment, which was paid at closing; (ii) three additional
installments each equal to $250,000, which will be paid every six months following closing; and (iii) one final installment representing
$500,000, which will be paid on the second anniversary of closing, in each case minus the cash fees payable to the advisor in
connection with the acquisition.
Issuance of Common Stock to the Selling
Stockholders
Acquisition of Certain Assets of GTX Corp
On June 27, 2019, we completed
its acquisition of certain assets of GTX pursuant to the terms of the Asset Purchase Agreement. The assets consisted of a portfolio
of GPS technologies and intellectual property, including, but not limited to (a) an intellectual property portfolio that includes
a registered patent, along with more than 20 pending patent applications or licenses to registered patents or pending applications
relating to GPS technologies; (b) a smart school safety network ("SSSN") solution that consists of a combination of
wristbands, gateways and proprietary backend software, which rely on the Bluetooth Low-Energy protocol and a low-power enterprise
wireless 2.4Ghz platform, to help school administrators identify the geographic location of students or other people or things
(e.g., equipment, vehicles, tools, etc.) in order to, among other things, ensure the safety and security of students while at
school; (c) a personnel equipment tracking system and ground personnel safety system, which includes a combination of hardware
and software components, for a GPS and RF based personnel, vehicle and asset-tracking solution designed to provide ground situational
awareness and near real-time surveillance of personnel and equipment traveling within a designated area for, among other things,
government and military applications and (d) a right to 30% of royalty payments that may be received by GTX in connection with
its ownership interest in Inventergy LBS, LLC ("Inventergy") which is the owner of certain patents related to methods
and systems for communicating with a tracking device (collectively, the "Assets").
3
We acquired the Assets
for aggregate consideration consisting of (i) $250,000 in cash delivered at the closing (the "Cash Consideration")
and (ii) 1,000,000 shares of our common stock. In addition, 100,000 of such shares are subject to certain holdback restrictions
and forfeiture for the purpose of satisfying indemnification claims.
In accordance with
the terms of the Asset Purchase Agreement, as amended, we agreed to file a resale registration statement to register the shares
issued to GTX for resale. This prospectus forms a part of such registration statement. Under certain circumstances, we agreed to
loan GTX, at its option, up to $50,000 per month until the earlier of the effectiveness of the registration statement or the date
on which such shares may be sold without restriction in accordance with Rule 144 under the Securities Act for up to a maximum of
$250,000 in the aggregate, in accordance with the terms of a promissory note attached as an exhibit to the Asset Purchase Agreement.
Each promissory note will have a maturity date that is 210 days from the issue date of such note and will accrue interest at a
rate of 5% per annum.
Acquisition of Jibestream
On July 9, 2019, we entered
into the Purchase Agreement with Inpixon Canada, Inc., as purchaser (the "Purchaser"), Jibestream, each of the persons
set forth on Exhibit A of the Purchase Agreement (each, a "Vendor" and collectively, the "Vendors") and
Chris Wiegand, as a Vendor and Vendors' representative, pursuant to which the Purchaser will acquire all of the issued and
outstanding shares of Jibestream (the "Shares") on the terms and subject to the satisfaction of the conditions set
forth in the Purchase Agreement (the "Transaction").
On August 15, 2019,
the Transaction closed and Jibestream became an indirect, wholly owned subsidiary of our company. At the closing, the Purchaser
purchased the Shares in exchange for consideration consisting of: (i) CAD $5,000,000 (the "Cash Consideration"), plus
an amount equal to all cash and cash equivalents held by Jibestream at the closing, minus, if a negative number, the absolute value
of the Estimated Working Capital Adjustment (as defined in the Purchase Agreement), minus any amounts loaned by the Purchaser to
Jibestream to settle any Indebtedness (as defined in the Purchase Agreement) or other fees, minus any cash payments to the holders
of outstanding options to settle any in-the-money options (the "Option Payout"), minus the deferred revenue costs of
$150,000, and minus the costs associated with the audit and review of the financial statements of Jibestream required by the Purchase
Agreement (collectively, the "Estimated Cash Closing Amount"); plus (ii) a number of shares of our common stock (the
"Inpixon Shares"), equal to CAD $3,000,000, after application of the exchange rate quoted by the Royal Bank of Canada
as of August 15, 2019 (the "Exchange Rate"), divided by $0.2775 per share (the "Price Per Share"). To the
extent that the Estimated Cash Closing Amount is a negative number, the number of Inpixon Shares will be reduced by the Estimated
Cash Closing Amount, adjusted to U.S. dollars based on the Exchange Rate, divided by the Price Per Share. In addition, Chris Wiegand
was appointed the Vice President of Maps.
Pursuant to the Purchase
Agreement, we agreed to file on or before the thirtieth (30th) day from the closing date of the Transaction an "evergreen"
shelf registration statement on Form S-1 or Form S-3 pursuant to Rule 415 under the Securities Act, providing for an offering
of the Inpixon Shares issued pursuant to the Purchase Agreement on a continuous basis and will use best efforts to cause such
registration statement to become effective no later than the date that is 30 days after the registration statement is filed, and
in any event as soon as practicable after such filing. This prospectus forms a part of such registration statement
To the extent that approval
by our stockholders for the issuance of the Inpixon Shares is required by applicable Nasdaq listing rules and is not obtained
prior to December 31, 2019, the Purchaser will pay the portion of the purchase price representing the Inpixon Shares in cash,
and the references to the Holdback Amount (as defined below) set forth in the Purchase Agreement will refer to the corresponding
cash amount paid pursuant to the foregoing.
The Purchaser will retain
an amount of Inpixon Shares representing fifteen percent (15%) of the value of the Purchase Price (the "Holdback Amount")
to secure the indemnification and other obligations of the Vendors in favor of the Purchaser arising out of or pursuant to Article
VIII of the Purchase Agreement and, at the option of the Purchaser, to secure the obligation of the Vendors' to pay any
adjustment to the Purchase Price pursuant to Section 2.5 of the Purchase Agreement. The Holdback Amount is to be governed by the
terms and conditions set out in Section 2.6 of the Purchase Agreement, and is to be paid to the Vendors in whole or in part, or
retained by the Purchaser in whole or in part, subject to the terms and conditions set out therein.
4
Jibestream provides highly
configurable indoor mapping and location technology. Its platform provides customers with a full-featured geospatial platform
that integrates business data with high-fidelity indoor maps to create smart indoor spaces. This allows customers to create multi-dimensional
and multi-layered indoor maps, which can be added to existing web or mobile applications. Jibestream's technology integrates
with a variety of third-party indoor positioning systems to allow for clear, contextualized indoor wayfinding and directions.
We will use Jibestream's mapping technology with our existing indoor positioning offerings to offer our customers a more
comprehensive suite of products going forward.
Jibestream's products
have applications in any indoor space where location and wayfinding is a concern. Jibestream's existing product solutions
have been deployed in hundreds of venues worldwide and within numerous customer segments including government, airports, malls,
office buildings, and hospitals.
Recent Note Financings
On December 21, 2018,
we issued a promissory note to Iliad Research and Trading, L.P. ("Iliad") in the initial principal amount of $1,895,000,
which is payable on or before the date that is 10 months from the issuance date. The initial principal amount includes an original
issue discount of $375,000 and $20,000 that we agreed to pay to Iliad to cover its legal fees, accounting costs, due diligence,
monitoring and other transaction costs. In exchange for the note, Iliad paid an aggregate purchase price of $1,500,000. Interest
on the note accrues at a rate of 10% per annum and is payable on the maturity date or otherwise in accordance with the note. On
August 8, 2019, we entered into a standstill agreement with Iliad, pursuant to which Iliad agreed to not redeem all or any portion
of the principal amount of the note for a period of 90 days from the date of the agreement. As consideration for such agreement,
the outstanding balance of the note was increased by $206,149.23. As of August 8, 2019, the outstanding balance of the note is
$2,268,214.18.
On May 3, 2019, we issued
a promissory note to Chicago Venture Partners, L.P. ("CVP"), an affiliate of Iliad, in the initial principal amount
of $3,770,000, which is payable on or before the date that is 10 months from the issuance date. The initial principal amount includes
an original issue discount of $750,000 and $20,000 that we agreed to pay to Iliad to cover its legal fees, accounting costs, due
diligence, monitoring and other transaction costs. In exchange for the note, CVP paid an aggregate purchase price of $3,000,000.
Interest on the note accrues at a rate of 10% per annum and is payable on the maturity date or otherwise in accordance with the
note. As of August 8, 2019, the outstanding balance of the note is $3,872,946.95.
On June 27, 2019, we issued
a second promissory note to CVP in the initial principal amount of $1,895,000, which is payable on or before the date that is
9 months from the issuance date. The initial principal amount includes an original issue discount of $375,000 and $20,000 that
we agreed to pay to CVP to cover its legal fees, accounting costs, due diligence, monitoring and other transaction costs. In exchange
for the note, CVP paid an aggregate purchase price of $1,500,000. Interest on the note accrues at a rate of 10% per annum and
is payable on the maturity date or otherwise in accordance with the note. Pursuant to the terms of the note purchase agreement
entered into in connection with the issuance of the note, we agreed to repay all or a portion of the note in connection with an
equity or equity-linked financing. CVP agreed to waive such repayment. As of August 8, 2019, the outstanding balance of the note
is $1,917,234.70.
On August 8, 2019, we
issued a third promissory note to CVP in the initial principal amount of $1,895,000, which is payable on or before the date that
is 9 months from the issuance date. The initial principal amount includes an original issue discount of $375,000 and $20,000 that
we agreed to pay to CVP to cover its legal fees, accounting costs, due diligence, monitoring and other transaction costs. In exchange
for the note, CVP paid an aggregate purchase price of $1,500,000. Interest on the note accrues at a rate of 9% per annum and is
payable on the maturity date or otherwise in accordance with the note.
5
SEC Investigation
In February 2019, we received
a subpoena from the SEC's Division of Enforcement pursuant to a formal SEC order of investigation requiring us to produce
documents and other information relating to our public announcement on January 9, 2018 that we intended to incorporate blockchain
technology into our future product offerings and a public financing transaction undertaken by us in proximity to that announcement.
We have cooperated with the SEC's investigation and have provided documents and information requested in the subpoena, as
modified by agreement with the SEC. Although we believe that we have fully complied with all relevant laws and regulations, there
can be no assurance that the SEC will not commence an enforcement action against us or members of our management, or as to the
ultimate resolution of any enforcement action that the SEC may decide to bring. Under applicable law, the SEC has the ability
to impose significant sanctions on companies and individuals who are found to have violated the provisions of applicable federal
securities laws, including cease and desist orders, civil money penalties, and barring individuals from serving as directors or
officers of public companies. We have expended significant financial and managerial resources responding to the SEC subpoena.
Defending any enforcement action brought by the SEC against us or members of our management would involve further significant
expenditures and the resolution of any such enforcement action could have a material adverse effect on our business, financial
condition, results of operations and cash flows.
Emerging Growth Company
As a company with less
than $1.07 billion in revenue during our most recently completed fiscal year, we qualify as an "emerging growth company"
as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012, or the JOBS
Act. As an emerging growth company, we may take advantage of specified reduced disclosure and other requirem
ents
that are otherwise applicable, in general, to public companies that are not emerging growth companies. These provisions include:
●
reduced
                                         disclosure about our executive compensation arrangements;
●
no
                                         non-binding shareholder advisory votes on executive compensation or golden parachute
                                         arrangements;
●
exemption
                                         from the auditor attestation requirement in the assessment of our internal control over
                                         financial reporting; and
●
reduced
                                         disclosure of financial information in this prospectus, limited to two years of audited
                                         financial information and two years of selected financial information.
As
a smaller reporting company, each of the foregoing exemptions is currently available to us. We will cease to be an emerging growth
company on December 31, 2019, or, immediately, if we issue more than $1.0 billion of non-convertible debt over a three-year-perio
d.
The JOBS Act permits an
emerging growth company to take advantage of an extended transition period to comply with new or revised accounting standards
applicable to public companies. We have chosen to "opt out" of this provision. Therefore, we are subject to the same
new or revised accounting standards as other public companies that are not emerging growth companies.
Corporate Information
Our principal executive
offices are located at 2479 E. Bayshore Road, Suite 195, Palo Alto, CA 94303, and our telephone number is (408) 702-2167. Our
subsidiaries maintain offices in Coquitlam and Vancouver, British Columbia and Hyderabad, India. Our Internet website is www.inpixon.com.
The information contained on, or that may be obtained from, our website is not a part of this prospectus and should not be considered
a part of this prospectus. We have included our website address in this prospectus solely as an inactive textual reference.
6
THE OFFERING
Outstanding Common
    Stock
47,466,399
    shares.
Common
    Stock to be Offered by the Selling Stockholders
Up to
    8,932,972 shares of our common stock to be offered by the selling stockholders.
Offering
    Price
Determined
    at the time of sale by the selling stockholders.
Use
    of Proceeds
We are
    not selling any shares of our common stock in this offering and therefore will not receive any proceeds from the sale thereof.
    The selling stockholders will pay any underwriting discounts and commissions and expenses incurred by the selling stockholders
    for brokerage, accounting, tax or legal services or any other expenses incurred by the selling stockholders in disposing of
    the shares of our common stock. We will bear all other costs, fees and expenses incurred in effecting the registration of
    the shares of our common stock, including, without limitation, all registration and filing fees, and fees and expenses of
    our counsel and our accountants.
Risk
    Factors
You
    should read the "
Risk Factors
" section included or  incorporated by reference in this prospectus for
    a discussion of factors to consider carefully before deciding to invest in shares of our common stock.
Market
    Symbol
Our
    common stock is listed on the Nasdaq Capital Market under the symbol "INPX."
The number of shares of
our common stock outstanding is based on 47,466,399 shares of our common stock outstanding as of September 6, 2019 and excludes,
as of that date, the following:
●
192 shares of common stock issuable upon the
    exercise of outstanding stock options under our 2011 Employee Stock Incentive Plan, having a weighted average exercise price
    of $28,269.14 per share;
●
4,979,267 shares of common stock issuable
    upon the exercise of outstanding stock options under our 2018 Employee Stock Incentive Plan, having a weighted average exercise
    price of $1.63 per share;
●
39 shares of common stock issuable upon the
    exercise of outstanding stock options not under our 2011 or 2018 Employee Stock Incentive Plan, having a weighted average
    exercise price of $43,392.86 per share;
●
158,232 shares of common stock available for
    future issuance under our 2011 Employee Stock Incentive Plan, plus any additional shares of our common stock that may become
    available under our 2011 Employee Stock Incentive Plan;
●
2,337,109 shares of common stock available
    for future issuance under our 2018 Employee Stock Incentive Plan, plus any additional shares of our common stock that may
    become available under our 2018 Employee Stock Incentive Plan;
●
10,371,141 shares of common stock issuable
    upon the exercise of outstanding warrants, having a weighted average exercise price of $5.99 per share;
●
202 shares of common stock issuable upon the
    conversion of 1 outstanding share of Series 4 Convertible Preferred Stock, at a conversion price of $4.96 per share;
●
1,100 shares of common stock reserved for
    issuance to investor relations firms; and
●
37,838 shares of common stock issuable upon
    conversion of 126 outstanding shares of Series 5 Convertible Preferred Stock, at a conversion price of $3.33 per share.
7
RISK FACTORS
Investment in any securities
offered pursuant to this prospectus involves risks. You should carefully consider the risk factors set forth below and the risk
factors in our most recent Annual Report on Form 10-K, our most recent Quarterly Report on 10-Q, which are incorporated by reference
into this prospectus, and any subsequent Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q or Current Reports on Form
8-K we file after the date of this prospectus, and all other information contained or incorporated by reference into this prospectus,
as updated by our subsequent filings under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), before
acquiring any such securities. The occurrence of any of these risks might cause you to lose all or part of your investment in
the offered securities.
Risks Related to Our Operations
We recently completed our acquisition
of Locality, Jibestream and certain assets of GTX, which may make it difficult for potential investors to evaluate our future
business. Furthermore, due to the risks and uncertainties related to the acquisition of new businesses, any such acquisition does
not guarantee that we will be able to attain profitability.
On May 21, 2019, June
27, 2019 and August 15, 2019, we acquired Locality, certain assets of GTX, and Jibestream, respectively. Our limited operating
history after these acquisitions may make it difficult for potential investors to evaluate our business or prospective operations
or the merits of an investment in our securities. We are subject to the risks inherent in the financing, expenditures, complications
and delays characteristic of a newly combined business. In addition, while GTX and the former affiliates of Locality and security
holders of Jibestream have indemnified the Company from any undisclosed liabilities, there may not be adequate resources to cover
such indemnity. Furthermore, there are risks that the vendors, suppliers and customers of these acquired entities or assets may
not renew their relationships for which there is no indemnification. Accordingly, our business and success faces risks from uncertainties
inherent to developing companies in a competitive environment. There can be no assurance that our efforts will be successful or
that we will ultimately be able to attain profitability.
We may not be able to successfully integrate
the operations of entities or assets that we have acquired or may acquire in the future into our ongoing business operations,
which may result in our inability to fully realize the intended benefits of these acquisitions, or may disrupt our current operations,
which could have a material adverse effect on our business, financial position and/or results of operations.
We continue to integrate
the operations of Locality and Jibestream and the assets acquired from GTX and this process involves complex operational, technological
and personnel-related challenges, which are time-consuming and expensive and may disrupt our ongoing business operations. Furthermore,
integration involves a number of risks, including, but not limited to:
●
difficulties or complications in combining
    the companies' operations;
●
differences in controls, procedures and policies,
    regulatory standards and business cultures among the combined companies;
●
the diversion of management's attention
    from our ongoing core business operations;
●
increased exposure to certain governmental
    regulations and compliance requirements;
●
the potential loss of key personnel;
●
the potential loss of key customers or suppliers
    who choose not to do business with the combined business;
●
difficulties or delays in consolidating the
    acquired companies' technology platforms, including implementing systems designed to continue to ensure that the Company
    maintains effective disclosure controls and procedures and internal control over financial reporting for the combined company
    and enable the Company to continue to comply with U.S. GAAP and applicable U.S. securities laws and regulations;
●
unanticipated costs and other assumed contingent
    liabilities;
●
difficulty comparing financial reports due
    to differing financial and/or internal reporting systems;
●
making any necessary modifications to internal
    financial control standards to comply with the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated thereunder;
    and/or
●
possible tax costs or inefficiencies associated
    with integrating the operations of the combined company.
8
These factors could cause
us to not fully realize the anticipated financial and/or strategic benefits of the acquisitions and the recent reorganization,
which could have a material adverse effect on our business, financial condition and/or results of operations.
Even if we are able to
successfully operate the acquired businesses, we may not be able to realize the revenue and other synergies and growth that we
anticipated from these acquisitions in the time frame that we currently expect, and the costs of achieving these benefits may
be higher than what we currently expect, because of a number of risks, including, but not limited to:
●
the possibility that the acquisition may not
    further our business strategy as we expected;
●
the possibility that we may not be able to
    expand the reach and customer base for the acquired companies current and future products as expected; and
●
the possibility that the carrying amounts
    of goodwill and other purchased intangible assets may not be recoverable.
As a result of these risks,
the acquisitions and integration may not contribute to our earnings as expected, we may not achieve expected revenue synergies
or our return on invested capital targets when expected, or at all, and we may not achieve the other anticipated strategic and
financial benefits of the acquisitions and the reorganization.
We have a significant amount of debt
outstanding. Such indebtedness, along with the other contractual commitments of our company, could adversely affect our business,
financial condition and results of operations.
As of September 6, 2019,
we have an aggregate outstanding balance of approximately $10 million underlying the promissory notes issued to Iliad Research and Trading,
L.P. and Chicago Venture Partners, L.P., which are affiliates of each other. The ability to meet payment and other obligations
under these notes depends on our ability to generate significant cash flow in the future. This, to some extent, is subject to
general economic, financial, competitive, legislative, regulatory and other factors beyond our control as described in this Form
10-Q. If we are not able to generate sufficient cash flow to service our debt obligations, we may need to refinance or restructure
debt, exchange debt for other securities, sell assets, reduce or delay capital investments, or seek to raise additional capital.
If we are unable to implement one or more of these alternatives, we may not be able to meet debt payment and other obligations,
which could have a material adverse effect on our financial condition.
In addition, we may incur
additional indebtedness in the future. If new debt or other liabilities are added to our current consolidated debt levels, the
related risks that we now face could intensify.
9
Risks Related to Our Securities
Future sales of our common stock or
other securities, or the perception that future sales may occur, may cause the market price of our common stock to decline, even
if our business is doing well.
Sales of substantial amounts
of our common stock or other securities, or the perception that these sales may occur, could materially and adversely affect the
price of our common stock and could impair our ability to raise capital through the sale of additional equity securities. For
example, in June 2018, the SEC declared effective a shelf registration statement filed by us. This shelf registration statement
allows us to issue any combination of our common stock, preferred stock, warrants, units, debt securities and subscription rights
from time to time until expiry in June 2021 for an aggregate initial offering price of up to $300 million, subject to certain
limitations for so long as our public float is less than $75 million. The specific terms of future offerings, if any, under this
shelf registration statement would be established at the time of such offering. Depending on a variety of factors, including market
liquidity of our common stock, the sale of shares under this shelf registration statement may cause the trading price of our common
stock to decline. The sale of a substantial number of shares of our common stock under this shelf registration statement, or anticipation
of such sales, could cause the trading price of our common stock to decline or make it more difficult for us to sell equity or
equity-related securities in the future at a time and at a price that we might otherwise desire.
In addition, this prospectus
forms a part of the registration statement pursuant to which we are registering the resale of shares of our common stock issued
to GTX and issued or issuable to stockholders of Jibestream. The filing of this registration statement may result in the perception
of or actual sales of substantial amounts of shares of our common stock in the public market, which could cause the trading price
of our common stock to decline or make it more difficult for us to sell equity or equity-related securities in the future at a
time and at a price that we might otherwise desire.
We had outstanding 47,466,399
shares of common stock as of September 6, 2019, of which 6,919,022 shares of common stock are restricted securities that
may be sold only in accordance with the resale restrictions under Rule 144 of the Securities Act. In addition, as of September
6, 2019, there were 202 shares issuable upon conversion of 1 share of Series 4 Convertible Preferred Stock, 37,838 shares of common
stock issuable upon conversion of 126 shares of Series 5 Convertible Preferred Stock, 10,371,141 shares subject to outstanding
warrants, 4,979,459 shares subject to outstanding options under the Company's equity incentive plans, 39 shares subject
to options not under such plans, 1,100 shares of common stock reserved for issuance to investor relations firms, an additional
158,224 shares reserved for future issuance under the Company's Amended and Restated 2011 Employee Stock Incentive Plan
and up to an additional 2,337,109 shares of common stock which may be issued under the Company's 2018 Employee Stock Incentive
Plan that will become, or have already become, eligible for sale in the public market to the extent permitted by any applicable
vesting requirements, lock-up agreements, if any, Rule 144 under the Securities Act or in connection with their registration under
the Securities Act. The issuance or sale of such shares could depress the market price of our common stock.
In the future, we also
may issue our securities if we need to raise additional capital. The number of new shares of our common stock issued in connection
with raising additional capital could constitute a material portion of the then-outstanding shares of our common stock.
10
USE OF PROCEEDS
We
are not selling any shares of our common stock in this offering and therefore will not receive any proceeds from the sale thereof.
The
selling stockholders will pay any underwriting discounts and commissions and expenses incurred by the selling stockholders for
brokerage, accounting, tax or legal services or any other expenses incurred by the selling stockholders in disposing of the Stock
Consideration. We will bear all other costs, fees and expenses incurred in effecting the registration of the Stock Consideration,
including, without limitation, all registration and filing fees, and fees and expenses of our counsel and our accountants.
11
DESCRIPTION OF CAPITAL
STOCK
Authorized and Outstanding Capital Stock
As of September 6, 2019,
we had 255,000,000 authorized shares of capital stock, par value $0.001 per share, of which 250,000,000 were shares of common
stock and 5,000,000 were shares of "blank check" preferred stock. As of September 6, 2019, we had 47,466,399 shares
of common stock outstanding and held by 535 stockholders of record, 1,100 shares of common stock reserved for issuance to investor
relations firms, 1 share of Series 4 Convertible Preferred Stock and 126 shares of Series 5 Convertible Preferred Stock outstanding.
Common Stock
The holders of our common
stock are entitled to one vote per share. In addition, the holders of our common stock will be entitled to receive pro rata dividends,
if any, declared by our board of directors out of legally available funds; however, the current policy of our board of directors
is to retain earnings, if any, for operations and growth. Upon liquidation, dissolution or winding-up, the holders of our common
stock are entitled to share ratably in all assets that are legally available for distribution. The holders of our common stock
have no preemptive, subscription, redemption or conversion rights. The rights, preferences and privileges of holders of our common
stock are subject to, and may be adversely affected by, the rights of the holders of any series of preferred stock, which may
be designated solely by action of our board of directors and issued in the future.
Preferred Stock
Our board of directors
are authorized, subject to any limitations prescribed by law, without further vote or action by our stockholders, to issue from
time to time shares of preferred stock in one or more series. Each series of preferred stock will have the number of shares, designations,
preferences, voting powers, qualifications and special or relative rights or privileges as shall be determined by our board of
directors, which may include, among others, dividend rights, voting rights, liquidation preferences, conversion rights and preemptive
rights.
The issuance of our preferred
stock could adversely affect the voting power of holders of common stock and the likelihood that such holders will receive dividend
payments and payments upon liquidation. In addition, the issuance of preferred stock could have the effect of delaying, deferring
or preventing a change of control or other corporate action. We have no current plan to issue any shares of preferred stock.
Conversion Price Adjustment
Stock Dividends and
Stock Splits
. If we pay a stock dividend or otherwise make a distribution payable in shares of common stock on shares
of common stock or any other common stock equivalents, subdivide or combine outstanding common stock, or reclassify common stock,
the conversion price will be adjusted by multiplying the then conversion price by a fraction, the numerator of which shall be
the number of shares of common stock outstanding immediately before such event, and the denominator of which shall be the number
of shares outstanding immediately after such event.
Series 4 Convertible Preferred Stock
Our board of directors
designated 10,415 shares of preferred stock as Series 4 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000
(also referred to herein as the Series 4 Preferred). As of September 6, 2019, there was one share of Series 4 Preferred outstanding
convertible into 202 shares of common stock. Our board of directors may, without stockholder approval, issue shares of an additional
class or series of preferred stock with voting and conversion rights which could adversely affect the voting power of the holders
of the common stock or the convertible preferred stock, except as prohibited by the certificate of designation of preferences,
rights and limitations of the designated preferred stock.
Liquidation
. Upon
any dissolution, liquidation or winding up, whether voluntary or involuntary, holders of Series 4 Preferred are entitled to receive
distributions out of our assets, whether capital or surplus, of the same amount that a holder of common stock would receive if
the Series 4 Preferred were fully converted (disregarding for such purposes any conversion limitations hereunder) to common stock
which amounts shall be paid pari passu with all holders of common stock.
12
Dividends
. Holders
of the Series 4 Preferred are entitled to receive dividends equal (on an "as converted to common stock" basis) to
and in the same form as dividends actually paid on shares of our common stock when, as and if such dividends are paid on shares
of our common stock. No other dividends will be paid on shares of Series 4 Preferred.
Conversion
. Each
share of Series 4 Preferred is convertible, at any time and from time to time at the option of the holder thereof, into that number
of shares of common stock determined by dividing the stated value of $1,000 by the conversion price equal to the current conversion
price of $4.96 per share (subject to adjustment described below).
Anti-Dilution Protection
.
The Series 4 Preferred contain an anti-dilution protection feature, to adjust the conversion price if shares of common stock are
sold or issued for a consideration per share less than the conversion price then in effect (subject to certain exemptions), provided,
that the conversion price will not be less than $4.96. The current conversion price is $4.96.
Series 5 Convertible Preferred Stock
Our board of directors
designated 12,000 shares of preferred stock as Series 5 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000
(also referred to herein as the Series 5 Preferred). As of September 6, 2019, there were 126 shares of Series 5 Preferred outstanding
convertible into 37,838 shares of common stock. Our board of directors may, without stockholder approval, issue shares of an additional
class or series of preferred stock with voting and conversion rights which could adversely affect the voting power of the holders
of the common stock or the convertible preferred stock, except as prohibited by the certificate of designation of preferences,
rights and limitations of the designated preferred stock.
Conversion
. Each
share of Series 5 Convertible Preferred Stock will be convertible at the option of the holder at any time, into the number of
shares of our common stock determined by dividing the $1,000 stated value per share of the Series 5 Convertible Preferred Stock
by a conversion price of $3.33 per share. In addition, the conversion price per share is subject to adjustment for stock dividends,
distributions, subdivisions, combinations or reclassifications. Subject to limited exceptions, a holder of the Series 5 Convertible
Preferred Stock will not have the right to convert any portion of the Series 5 Convertible Preferred Stock to the extent that,
after giving effect to the conversion, the holder, together with its affiliates, would beneficially own in excess of 4.99% (subject
to adjustment to up to 9.99% solely at the holder's discretion upon 61 days' prior notice to us) of the number of
shares of our common stock outstanding immediately after giving effect to its conversion.
Fundamental Transactions
.
In the event we effect certain mergers, consolidations, sales of substantially all of our assets, tender or exchange offers, reclassifications
or share exchanges in which our common stock is effectively converted into or exchanged for other securities, cash or property,
we consummate a business combination in which another person acquires 50% of the outstanding shares of our common stock, or any
person or group becomes the beneficial owner of 50% of the aggregate ordinary voting power represented by our issued and outstanding
common stock, then, upon any subsequent conversion of the Series 5 Convertible Preferred Stock, the holders of the Series 5 Convertible
Preferred Stock will have the right to receive any shares of the acquiring corporation or other consideration it would have been
entitled to receive if it had been a holder of the number of shares of common stock then issuable upon conversion in full of the
Series 5 Convertible Preferred Stock.
Dividends
. Holders
of Series 5 Convertible Preferred Stock shall be entitled to receive dividends (on an as-if-converted-to-common-stock basis) in
the same form as dividends actually paid on shares of the common stock when, as and if such dividends are paid on shares of common
stock.
Voting Rights
.
Except as otherwise provided in the certificate of designation or as otherwise required by law, the Series 5 Convertible Preferred
Stock has no voting rights.
13
Liquidation Preference.
Upon
our liquidation, dissolution or winding-up, whether voluntary or involuntary, holders of Series 5 Convertible Preferred Stock
will be entitled to receive out of our assets, whether capital or surplus, the same amount that a holder of common stock would
receive if the Series 5 Convertible Preferred Stock were fully converted (disregarding for such purpose any conversion limitations
under the certificate of designation) to common stock, which amounts shall be paid pari passu with all holders of common stock.
Redemption Rights
.
We are not obligated to redeem or repurchase any shares of Series 5 Convertible Preferred Stock. Shares of Series 5 Convertible
Preferred Stock are not otherwise entitled to any redemption rights, or mandatory sinking fund or analogous provisions.
Series 6 Convertible Preferred Stock
Our board of directors
designated 2,997 shares of preferred stock as Series 6 Convertible Preferred Stock, $0.001 par value with a stated value of $1,000
(also referred to herein as the Series 6 Preferred). As of September 6, 2019, there were no shares of Series 6 Preferred outstanding.
Our board of directors may, without stockholder approval, issue shares of an additional class or series of preferred stock with
voting and conversion rights which could adversely affect the voting power of the holders of the common stock or the convertible
preferred stock, except as prohibited by the certificate of designation of preferences, rights and limitations of the designated
preferred stock.
Outstanding Warrants
As of September 6, 2019,
we have warrants issued and outstanding for the purchase of up to 10,371,141 shares of our common stock, at exercise prices ranging
from $0.2775 to $43,200. The warrants are held by 111 security holders. Outstanding warrants to purchase our common stock are
as follows:
Issuance Date
Number
    of Shares
Exercise
    Period
Exercise
    Price
March 20, 2013
5
From March 20, 2013 to March
    20, 2020 (except the Lock-Up Period as defined in the warrant)
$
16,200
August 29, 2013
4
From August 29, 2013 to August 29, 2020
    (except the Lock-Up Period as defined in the warrant)
$
43,200
June 30, 2017
141
June 30, 2017 to June 30, 2022
$
360
August 9, 2017
917
From August 9, 2017 to August 9, 2022
$
660
January 8, 2018
15,003
From February 2, 2018 to February 2, 2023
$
120
February 20, 2018
1,080,669
From February 20, 2018 to February 20, 2023
$
25.36
April 24, 2018
2,769,000
From April 24, 2018 to April 24, 2023
$
4.96
January 15, 2019
112,800
From January 15, 2019 to January 15, 2024
$
3.33
August 15, 2019
6,392,602
From August 15, 2019 to August 15, 2024
$
0.2775
Options
As of September 6, 2019,
there were 158,424 shares of common stock authorized for issuance under the 2011 Employee Stock Incentive Plan, of which 192 shares
of common stock are underlying outstanding options having a weighted average exercise price of $28,269.14 per share, 7,316,376
shares of common stock available for issuance under the 2018 Employee Stock Incentive Plan, of which 4,979,267 shares of common
stock are underlying outstanding options having a weighted average exercise price of $1.63 and 39 shares of common stock underlying
outstanding options not under the 2011 or 2018 Employee Stock Incentive Plan having a weighted average of $43,392.86 per share.
14
Anti-Takeover Effects of Nevada Law and
our Articles of Incorporation and Bylaws
Our articles of incorporation,
our bylaws and the Nevada Revised Statutes contain provisions that could delay or make more difficult an acquisition of control
of our company not approved by our board of directors, whether by means of a tender offer, open market purchases, proxy contests
or otherwise. These provisions have been implemented to enable us to develop our business in a manner that will foster our long-term
growth without disruption caused by the threat of a takeover not deemed by our board of directors to be in the best interest of
our company and our stockholders. These provisions could have the effect of discouraging third parties from making proposals involving
an acquisition or change of control of our company even if such a proposal, if made, might be considered desirable by a majority
of our stockholders. These provisions may also have the effect of making it more difficult for third parties to cause the replacement
of our current management without the concurrence of our board of directors.
Set forth below is a description
of the provisions contained in our articles of incorporation, bylaws and Nevada Revised Statutes that could impede or delay an
acquisition of control of our company that our board of directors has not approved. This description is intended as a summary
only and is qualified in its entirety by reference to our articles of incorporation and bylaws, forms of each of which are included
as exhibits to the registration statement of which this prospectus forms a part.
Authorized But Unissued Preferred Stock
We are currently authorized
to issue a total of 5,000,000 shares of preferred stock. Our articles of incorporation provide that the board of directors may
issue preferred stock by resolutions, without any action of the stockholders. In the event of a hostile takeover, the board of
directors could potentially use this preferred stock to preserve control.
Filling Vacancies
Our bylaws establish that
the board shall be authorized to fill any vacancies on the board arising due to the death, resignation or removal of any director.
The board is also authorized to fill vacancies if the stockholders fail to elect the full authorized number of directors to be
elected at any annual or special meeting of stockholders. Vacancies in the board may be filled by a majority of the remaining
directors then in office, even though less than a quorum of the board, or by a sole remaining director.
Removal of Directors
The provisions of our
bylaws may make it difficult for our stockholders to remove one or more of our directors. Our bylaws provide that the entire board
of directors, or any individual director, may be removed from office at any special meeting of stockholders called for such purpose
by vote of the holders of two-thirds of the voting power entitling the stockholders to elect directors in place of those to be
removed. Furthermore, according to our bylaws, no director may be removed (unless the entire board is removed) when the votes
cast against removal or not consenting in writing to such removal would be sufficient to elect such director if voted cumulatively
at an election at which the same total number of votes were cast (or, if such action is taken by written consent, all shares entitled
to vote, were voted) and the entire number of directors authorized at the time of the directors' most recent election were
then being elected. Our bylaws also provide that when, by the provisions of our articles of incorporation, the holders of the
shares of any class or series voting as a class or series are entitled to elect one or more directors, any director so elected
may be removed only by the applicable vote of the holders of the shares of that class or series.
Board Action Without Meeting
Our bylaws provide that
the board may take action without a meeting if all the members of the board consent to the action in writing. Board action through
consent allows the board to make swift decisions, including in the event that a hostile takeover threatens current management.
No Cumulative Voting
Our bylaws and articles
of incorporation do not provide the right to cumulate votes in the election of directors. This provision means that the holders
of a plurality of the shares voting for the election of directors can elect all of the directors. Non-cumulative voting makes
it more difficult for an insurgent minority stockholder to elect a person to the board of directors.
15
Stockholder Proposals
Except to the extent required
under applicable laws, we are not required to include on our proxy card, or describe in our proxy statement, any information relating
to any stockholder proposal and disseminated in connection with any meeting of stockholders.
Amendments to Articles of Incorporation
and Bylaws
Our articles of incorporation
give both the directors and the stockholders the power to adopt, alter or repeal the bylaws of the corporation. Any adoption,
alteration, amendment, change or repeal of the bylaws by the stockholders requires an affirmative vote by a majority of the outstanding
stock of the company. Any bylaw that has been adopted, amended, or repealed by the stockholders may be amended or repealed by
the board, except that the board shall have no power to change the quorum for meetings of stockholders or of the board or to change
any provisions of the bylaws with respect to the removal of directors or the filling of vacancies in the board resulting from
the removal by the stockholders. Any proposal to amend, alter, change or repeal any provision of our articles of incorporation
requires approval by the affirmative vote of a majority of the voting power of all of the classes of our capital stock entitled
to vote on such amendment or repeal, voting together as a single class, at a duly constituted meeting of stockholders called expressly
for that purpose.
Nevada Statutory Provisions
We are subject to the
provisions of NRS 78.378 to 78.3793, inclusive, an anti-takeover law, which applies to any acquisition of a controlling interest
in an "issuing corporation." In general, such anti-takeover laws permit the articles of incorporation, bylaws or a
resolution adopted by the directors of an "issuing corporation" (as defined in NRS 78.3788) to impose stricter requirements
on the acquisition of a controlling interest in such corporation than the provisions of NRS 78.378 to 78.3793, inclusive, as well
as permit the directors of an issuing corporation to take action to protect the interests of the corporation and its stockholders,
including, but not limited to, adopting plans, arrangements or other instruments that grant or deny rights, privileges, power
or authority to holder(s) of certain percentages of ownership and/or voting power. Further, an "acquiring person"
(and those acting in association) only obtains such voting rights in the control shares as are conferred by resolution of the
stockholders at either a special meeting requested by the acquiring person, provided it delivers an offeror's statement
pursuant to NRS 78.3789 and undertakes to pay the expenses thereof, or at the next special or annual meeting of stockholders.
In addition, the anti-takeover law generally provides for (i) the redemption by the issuing corporation of not less than all of
the "control shares" (as defined) in accordance with NRS 78.3792, if so provided in the articles of incorporation
or bylaws in effect on the 10th day following the acquisition of a controlling interest in an "issuing corporation",
and (ii) dissenter's rights pursuant to NRS 92A.300 to 92A.500, inclusive, for stockholders that voted against authorizing
voting rights for the control shares.
We are also subject to
the provisions of NRS 78.411 to 78.444, inclusive, which generally prohibits a publicly held Nevada corporation from engaging
in a "combination" with an "interested stockholder" (each as defined) that is the beneficial owner, directly
or indirectly, of at least ten percent of the voting power of the outstanding voting shares of the corporation or is an affiliate
or associate of the corporation that previously held such voting power within the past three years, for a period of three years
after the date the person first became an "interested stockholder", subject to certain exceptions for authorized combinations,
as provided therein.
In accordance with NRS
78.195, our articles of incorporation provide for the authority of the board of directors to issue shares of preferred stock in
series by filing a certificate of designation to establish from time to time the number of shares to be included in such series
and to fix the designation, powers, preferences and rights of the shares of each such series and the qualifications, limitations
or restrictions thereof, subject to limitations prescribed by law.
Transfer Agent and Registrar
The transfer agent and
registrar for our common stock is Computershare Trust Company, N.A.
Nasdaq Capital Market Listing
Our common stock is currently
traded on the Nasdaq Capital Market under the symbol "INPX."
16
SELLING STOCKHOLDERS
We are registering the
Stock Consideration in order to permit the selling stockholders to offer the shares of our common stock included in the Stock
Consideration, when issued, as applicable, for resale from time to time. Other than the asset purchase or acquisition of Jibestream
described at the section of this prospectus titled "
Issuance of Common Stock to the Selling Stockholders
,"
neither the selling security holder nor any of its affiliates has held an executive office, or had any other material relationship,
with us or any of our affiliates in the past three years.
The table below provides
information regarding the beneficial ownership (as determined under Section 13(d) of the Exchange Act, and the rules and regulations
thereunder) of the shares of common stock held by the selling stockholders.
The second column lists
the number of shares of common stock beneficially owned by the selling stockholders as of September 6, 2019, based on the ownership
of shares of common stock that have been issued and could be issued pursuant to warrants, options and other convertible securities
that are currently exercisable or exercisable within 60 days of September 6, 2019.
The third column lists
the shares of common stock being offered by this prospectus by the selling stockholders.
The fourth column assumes
the sale of all of the shares offered by each selling stockholders pursuant to this prospectus.
The selling stockholders
may sell all, some or none of its shares in this offering. See "Plan of Distribution."
Name of Selling Stockholder
Number
                                         of Shares
of
                                         Common Stock
Owned
                                         Prior to
Offering
Maximum
Number
                                         of Shares
of
                                         Common Stock
to
                                         be Sold
Pursuant
                                         to this
Prospectus
Number
                                         of Shares
of
                                         Common Stock
Owned
                                         After
Offering
GTX Corp (1)
1,000,000
(2)
1,000,000
(2)
--
Chris Wiegand
2,458,173
(3)
2,458,173
(3)
--
Adam Artman
1,564,292
(4)
1,564,292
(4)
--
Bevan Hayes
446,941
(5)
446,941
(5)
--
MaRS Investment Accelerator Fund Inc. (6)
1,081,812
(7)
1,081,812
(7)
--
Whitecastle Holdings Limited (8)
476,346
(9)
476,346
(9)
--
Maplecastle Corporation (10)
476,352
(11)
476,352
(11)
--
Jescolari Investments Ltd. (12)
476,352
(13)
476,352
(13)
--
Carbon Holdings Limited (14)
476,352
(15)
476,352
(15)
--
Hobson Equities Inc. (16)
476,352
(17)
476,352
(17)
--
(1)
The board of directors of
                                         GTX Corp, comprised of Patrick E. Bertagna, Christopher M. Walsh, Louis Rosenbaum and
                                         Andrew Duncan, has sole voting and investment control and power over such shares. None
                                         of the members of its board of directors has individual voting and investment power
                                         with respect to such shares and disclaims beneficial ownership of such shares.
17
(2)
Includes 1,000,000 shares
                                         of common stock held of record by GTX Corp; provided; however, that 100,000 shares are
                                         subject to certain holdback restrictions and forfeiture for the purpose of satisfying
                                         indemnification claims in accordance with the Asset Purchase Agreement.
(3)
Includes (i) 1,761,076 shares
                                         of common stock, of which 75,257 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 697,097 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(4)
Includes (i) 1,164,764 shares
                                         of common stock, of which 43,132 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 399,528 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(5)
Includes (i) 332,666 shares
                                         of common stock, of which 12,336 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 114,275 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(6)
Barry Gekiere, the managing
                                         director of MaRS Investment Accelerator Fund Inc., has sole voting and investment control
                                         and power over such shares.
(7)
Includes (i) 925,150 shares
                                         of common stock, of which 16,912 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 156,662 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(8)
Carey Diamond has sole voting
                                         and investment control and power over such shares.
(9)
Includes (i) 177,057 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,289 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(10)
Mark Diamond has sole voting
                                         and investment control and power over such shares.
(11)
Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(12)
Michael Diamond has sole
                                         voting and investment control and power over such shares.
(13)
Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(14)
Stephen Diamond has sole
                                         voting and investment control and power over such shares.
(15)
Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
(16)
Blaine Hobson has sole voting
                                         and investment control and power over such shares.
(17)
Includes (i) 177,064 shares
                                         of common stock, of which 32,310 shares of common stock are subject to forfeiture for
                                         the purpose of satisfying indemnification claims in accordance with the Purchase Agreement,
                                         and (ii) 299,288 shares of common stock issuable upon the receipt of stockholder approval,
                                         in accordance with and as required by the Nasdaq Listing Rules.
18
PLAN OF DISTRIBUTION
We are registering the
shares of our common stock issued or issuable to the selling stockholders as the Stock Consideration to permit the resale of these
shares by the selling stockholders from time to time after the date of this prospectus. We will not receive any of the proceeds
from the sale by the selling stockholders of the shares of common stock. We will bear all fees and expenses incident to our obligation
to register the Stock Consideration.
Each
selling stockholder may sell all or a portion of the shares of common stock held by it and offered hereby from time to time directly
or through one or more underwriters, broker-dealers or agents. If the shares of common stock are sold through underwriters or
broker-dealers, each selling stockholder will be responsible for underwriting discounts or commissions or agent's commissions.
The shares of common stock may be sold in one or more transactions at fixed prices, at prevailing market prices at the time of
the sale, at varying prices determined at the time of sale or at negotiated prices. These sales may be effected in transactions,
which may involve crosses or block transactions, pursuant to one or more of the following methods:
●
on
                                         any national securities exchange or quotation service on which the securities may be
                                         listed or quoted at the time of sale;
●
in
                                         the over-the-counter market;
●
in
                                         transactions otherwise than on these exchanges or systems or in the over-the-counter
                                         market;
●
through
                                         the writing or settlement of options, whether such options are listed on an options exchange
                                         or otherwise;
●
ordinary
                                         brokerage transactions and transactions in which the broker-dealer solicits purchasers;
●
block
                                         trades in which the broker-dealer will attempt to sell the shares as agent but may position
                                         and resell a portion of the block as principal to facilitate the transaction;
●
purchases
                                         by a broker-dealer as principal and resale by the broker-dealer for its account;
●
an
                                         exchange distribution in accordance with the rules of the applicable exchange;
●
privately
                                         negotiated transactions;
●
short
                                         sales made after the date the registration statement is declared effective by the SEC;
●
broker-dealers
                                         may agree with the selling stockholders to sell a specified number of such shares at
                                         a stipulated price per share;
●
a
                                         combination of any such methods of sale; and
●
any
                                         other method permitted pursuant to applicable law.
19
The
selling stockholders may also sell the shares of common stock under Rule 144 promulgated under the Securities Act of 1933, as
amended (the "Securities Act"), if available, rather than under this prospectus. In addition, the selling stockholders
may transfer the shares of common stock by other means not described in this prospectus. If the selling stockholders effects such
transactions by selling shares of common stock to or through underwriters, broker-dealers or agents, such underwriters, broker-dealers
o
r agents may receive commissions in the form of discounts, concessions or commissions from the selling stockholders or
commissions from purchasers of the shares of common stock for whom they may act as agent or to whom they may sell as principal
(which discounts, concessions or commissions as to particular underwriters, broker-dealers or agents may be in excess of those
customary in the types of transactions involved). In connection with sales of the shares of common stock or otherwise, the selling
stockholders may enter into hedging transactions with broker-dealers, which may in turn engage in short sales of the shares of
common stock in the course of hedging in positions they assume. The selling stockholders may also sell shares of common stock
short and deliver shares of common stock covered by this prospectus to close out short positions and to return borrowed shares
in connection with such short sales. The selling stockholders may also loan or pledge shares of common stock to broker-dealers
that in turn may sell such shares.
The selling stockholders
may pledge or grant a security interest in part or all of the Stock Consideration and, if it defaults in the performance of the
secured obligations, the pledgees or secured parties may offer and sell the shares of common stock from time to time pursuant
to this prospectus or any amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act
amending, if necessary, the list of selling stockholders to include the pledgee, transferee or other successors in interest as
selling stockholders under this prospectus. The selling stockholders also may transfer and donate the shares of common stock in
other circumstances in which case the transferees, donees, pledgees or other successors in interest will be the selling beneficial
owners for purposes of this prospectus.
To the extent required
by the Securities Act and the rules and regulations thereunder, the selling stockholders and any broker-dealer participating in
the distribution of the shares of common stock may be deemed to be "underwriters" within the meaning of the Securities
Act, and any commission paid, or any discounts or concessions allowed to, any such broker-dealer may be deemed to be underwriting
commissions or discounts under the Securities Act. At the time a particular offering of the shares of common stock is made, a
prospectus supplement, if required, will be distributed, which will set forth the aggregate amount of shares of common stock being
offered and the terms of the offering, including the name or names of any broker-dealers or agents, any discounts, commissions
and other terms constituting compensation from the selling stockholders and any discounts, commissions or concessions allowed
or re-allowed or paid to broker-dealers.
Under the securities laws
of some states, the shares of common stock may be sold in such states only through registered or licensed brokers or dealers.
In addition, in some states the shares of common stock may not be sold unless such shares have been registered or qualified for
sale in such state or an exemption from registration or qualification is available and is complied with.
There can be no assurance
that the selling stockholders will sell any or all of the shares of common stock registered pursuant to the registration statement,
of which this prospectus forms a part.
The selling stockholders
and any other person participating in such distribution will be subject to applicable provisions of the Exchange Act, and the
rules and regulations thereunder, including, without limitation, to the extent applicable, Regulation M of the Exchange Act, which
may limit the timing of purchases and sales of any of the shares of common stock by the selling stockholders and any other participating
person. To the extent applicable, Regulation M may also restrict the ability of any person engaged in the distribution of the
shares of common stock to engage in market-making activities with respect to the shares of common stock. All of the foregoing
may affect the marketability of the shares of common stock and the ability of any person or entity to engage in market-making
activities with respect to the shares of common stock.
We will pay all expenses
of the registration of the shares of common stock, including, without limitation, SEC filing fees and expenses of compliance with
state securities or "blue sky" laws; provided, however, the selling stockholders will pay all underwriting discounts
and selling commissions, if any.
Once sold under the registration
statement, of which this prospectus forms a part, the shares of common stock will be freely tradable in the hands of persons other
than our affiliates.
20
LEGAL MATTERS
The validity of the
securities offered hereby will be passed upon for us by Mitchell Silberberg & Knupp LLP ("MSK"), New York, New
York. As of the date of this prospectus, MSK and certain principals of the firm own securities of our company representing in the
aggregate less than five percent of the shares of our common stock outstanding immediately prior to the filing of this prospectus.
Although MSK is not under any obligation to accept shares of our common stock in payment for services, it may do so in the future.
EXPERTS
Marcum LLP, independent
registered public accounting firm, has audited our consolidated financial statements for the years ended December 31, 2018 and
2017 included in our Annual Report on Form 10-K for the year ended December 31, 2018, as set forth in their report,
which is incorporated by reference in this prospectus. Our consolidated financial statements are incorporated by reference in
reliance on Marcum LLP, given on their authority as experts in accounting and auditing.
MNP LLP, independent registered
public accounting firm, has audited the financial statements of Jibestream Inc. for the years ended December 31, 2018 and 2017,
included in our Current Report on Form 8-K/A filed with the SEC on July 25, 2019, as set forth in their report, which is incorporated
herein by reference in this prospectus. Such financial statements are incorporated by reference in reliance on MNP LLP, given
their authority as experts in accounting and auditing.
WHERE YOU CAN FIND
MORE INFORMATION
We have filed with the
SEC a registration statement on Form S-1 under the Securities Act with respect to the securities covered by this prospectus. This
prospectus, which is a part of the registration statement, does not contain all of the information set forth in the registration
statement or the exhibits and schedules filed therewith. For further information with respect to us and the securities covered
by this prospectus, please see the registration statement and the exhibits filed with the registration statement. The SEC maintains
an internet website that contains reports, proxy and information statements and other information regarding registrants that file
electronically with the SEC. The address of the website is http://www.sec.gov.
We are subject to the
information and periodic reporting requirements of the Exchange Act and, in accordance therewith, we file periodic reports, proxy
statements and other information with the SEC. Such periodic reports, proxy statements and other information are available for
inspection and copying at the website of the SEC referred to above. We maintain a website at http://www.inpixon.com. You may access
our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports filed
pursuant to Sections 13(a) or 15(d) of the Exchange Act with the SEC free of charge at our website as soon as reasonably practicable
after such material is electronically filed with, or furnished to, the SEC. Our website and the information contained on that
site, or connected to that site, are not incorporated into and are not a part of this prospectus.
21
INFORMATION INCORPORATED BY REFERENCE
The SEC and applicable
law permits us to "incorporate by reference" into this prospectus information that we have or may in the future file
with or furnish to the SEC. This means that we can disclose important information by referring you to those documents. You should
read carefully the information incorporated herein by reference because it is an important part of this prospectus. We hereby
incorporate by reference the following documents into this prospectus:
●
our latest Annual Report
    on
Form 10-K
for the
    fiscal year ended December 31, 2018, as filed with the SEC on March 28, 2019;
●
our Quarterly Reports
    on Form 10-Q for the quarters ended
March
    31, 2019
and
June 30,
    2019
, as filed with the SEC on May 14, 2019 and August 14, 2019, respectively;
●
our Current Reports on Form 8-K, as filed
    with the SEC on
January
    8, 2019
,
January
    15, 2019
,
January
    18, 2019
,
January
    29, 2019
,
February
    8, 2019
,
February
    20, 2019
,
February
    22, 2019
,
April
    5, 2019
,
April
    12, 2019
,
April
    25, 2019
,
May 3,
    2019
,
May 22,
    2019
,
May     30,
    2019
,
June
    13,     2019
,
June
    20,     2019
,
June 25,
    2019
,
June 27,
    2019
,
July     1,
    2019
,
July 5,
    2019
,
July 10,
    2019
,
July 11,
    2019
,
August 9,
    2019
,
August
    14, 2019
,
August
    19, 2019
and
September 6, 2019
, and on Form 8-K/A, as filed with the SEC on
July
    25, 2019
and
September 13, 2019
; and
●
the description of our common stock included
    in our Registration Statement on
Form
    8-A
, as filed with the SEC on April 7, 2014 pursuant to Section 12(b) of the Exchange Act, including any amendment or
    report filed for the purpose of updating such description.
Additionally, all documents
filed by us with the SEC under Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act (other than any portions of filings that
are furnished rather than filed pursuant to Items 2.02 and 7.01 of a Current Report on Form 8-K), after the date of this prospectus
and before the termination or completion of this offering (including all such documents filed with the SEC after the date of the
initial registration statement and prior to the effectiveness of the registration statement) shall be deemed to be incorporated
by reference into this prospectus from the respective dates of filing of such documents. Any information that we subsequently
file with the SEC that is incorporated by reference as described above will automatically update and supersede any previous information
that is part of this prospectus.
These reports and documents can
be accessed free of charge on our website at www.inpixon.com. We will provide without charge to each person, including any beneficial
owner, to whom this prospectus is delivered, upon written or oral request, a copy of any or all documents that are incorporated
by reference into this prospectus, but not delivered with the prospectus, other than exhibits to such unless such exhibits are
specifically incorporated by reference into the documents that this prospectus incorporates. Please send written requests to:
Inpixon
Attn: Secretary
2479 E. Bayshore Road, Suite
195
Palo Alto, CA 94303
(408) 702-2167
22
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item 13. Other Expenses of Issuance and Distribution.
The following statement
sets forth the expenses and costs expected to be incurred by Inpixon in connection with the distribution of the securities being
registered in this registration statement. All amounts other than the SEC registration fee are estimates.
SEC registration fee
$
145.08
Transfer agent's fees and expenses
$
*5,000
Legal fees and expenses
$
*20,000
Accounting fees and expenses
$
*7,500
Total
$
32,645.08
*Estimated.
Item 14. Indemnification of Officers and Directors.
The Nevada Revised Statutes
provide that we may indemnify our officers and directors against losses or liabilities which arise in their corporate capacity.
The effect of these provisions could be to dissuade lawsuits against our officers and directors.
Section 78.7502 of the
Nevada Revised Statutes ("NRS") provides that:
(1) A corporation may
indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative, except an action by or in the right of the corporation,
by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the
request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust
or other enterprise, against expenses, including attorneys' fees, judgments, fines and amounts paid in settlement actually
and reasonably incurred by him in connection with the action, suit or proceeding if the person: (a) is not liable pursuant to
NRS 78.138; or (b) acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests
of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was
unlawful. The termination of any action, suit or proceeding by judgment, order, settlement, conviction or upon a plea of nolo
contendere or its equivalent, does not, of itself, create a presumption that the person is liable pursuant to NRS 78.138 or did
not act in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation,
or that, with respect to any criminal action or proceeding, he had reasonable cause to believe that his conduct was unlawful.
(2) A corporation may
indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action
or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a director,
officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses, including amounts
paid in settlement and attorneys' fees actually and reasonably incurred by him in connection with the defense or settlement
of the action or suit if the person: (a) is not liable pursuant to NRS 78.138; or (b) acted in good faith and in a manner which
he reasonably believed to be in or not opposed to the best interests of the corporation. Indemnification may not be made for any
claim, issue or matter as to which such a person has been adjudged by a court of competent jurisdiction, after exhaustion of all
appeals therefrom, to be liable to the corporation or for amounts paid in settlement to the corporation, unless and only to the
extent that the court in which the action or suit was brought or other court of competent jurisdiction determines upon application
that in view of all the circumstances of the case, the person is fairly and reasonably entitled to indemnity for such expenses
as the court deems proper.
(3) To the extent that
a director, officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action,
suit or proceeding referred to in subsections 1 and 2, or in defense of any claim, issue or matter therein, the corporation shall
indemnify him against expenses, including attorneys' fees, actually and reasonably incurred by him in connection with the
defense.
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1
NRS 78.751 provides that:
(1) Any discretionary
indemnification pursuant to NRS 78.7502, unless ordered by a court or advanced pursuant to NRS 78.751(2), may be made by the corporation
only as authorized in the specific case upon a determination that indemnification of the director, officer, employee or agent
is proper in the circumstances. The determination must be made: (a) by the stockholders; (b) by the board of directors by majority
vote of a quorum consisting of directors who were not parties to the action, suit or proceeding; (c) if a majority vote of a quorum
consisting of directors who were not parties to the action, suit or proceeding so orders, by independent legal counsel in a written
opinion; or (d) if a quorum consisting of directors who were not parties to the action, suit or proceeding cannot be obtained,
by independent legal counsel in a written opinion.
(2) The articles of incorporation,
the bylaws or an agreement made by the corporation may provide that the expenses of officers and directors incurred in defending
a civil or criminal action, suit or proceeding must be paid by the corporation as they are incurred and in advance of the final
disposition of the action, suit or proceeding, upon receipt of an undertaking by or on behalf of the director or officer to repay
the amount if it is ultimately determined by a court of competent jurisdiction that he is not entitled to be indemnified by the
corporation. The provisions of this subsection do not affect any rights to advancement of expenses to which corporate personnel
other than directors or officers may be entitled under any contract or otherwise by law.
(3) The indemnification
pursuant to NRS 78.7502 and advancement of expenses authorized in or ordered by a court pursuant to this section: (a) does not
exclude any other rights to which a person seeking indemnification or advancement of expenses may be entitled under the articles
of incorporation or any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, for either an action in
his official capacity or an action in another capacity while holding his office, except that indemnification, unless ordered by
a court pursuant to NRS 78.7502 or for the advancement of expenses made pursuant to subsection 2, may not be made to or on behalf
of any director or officer if a final adjudication establishes that his acts or omissions involved intentional misconduct, fraud
or a knowing violation of the law and was material to the cause of action. A right to indemnification or to advancement of expenses
arising under a provision of the articles of incorporation or any bylaw is not eliminated or impaired by an amendment to such
provision after the occurrence of the act or omission that is the subject of the civil, criminal, administrative or investigative
action, suit or proceeding for which indemnification or advancement of expenses is sought, unless the provision in effect at the
time of such act or omission explicitly authorizes such elimination or impairment after such action or omission has occurred.
(b) continues for a person who has ceased to be a director, officer, employee or agent and inures to the benefit of the heirs,
executors and administrators of such a person.
Article X of our Bylaws,
as amended, provides that every person who was or is a party or is threatened to be made a party to or is involved in any action,
suit, or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that he or a person of whom
he is the legal representative is or was a director or officer of the Company or is or was serving at the request of the Company
or for its benefit as a director or officer of another corporation, or as its representative in a partnership, joint venture,
trust, or other enterprise shall be indemnified and held harmless to the fullest extent permissible by the Nevada Revised Statutes
from time to time against all expenses, liability and loss (including attorneys' fees, judgments, fines, and amounts paid
or to be paid in settlement) reasonably incurred or suffered by him in connection therewith, except any expense or payments incurred
in connection with any claim or liability established to have arisen out of his own willful misconduct or gross negligence.
II-
2
Item 15. Recent Sales of Unregistered Securities.
Since January 1, 2016,
the Company has made the following sales of unregistered securities (after giving effect to a 1-for-15 reverse stock split effective
March 1, 2017, a 1-for-30 reverse stock split effective February 6, 2018 and a 1-for-40 reverse stock split effective November
2, 2018).
Stock Issuances
1.
During the year ended December 31, 2016, the
    Company issued 11 shares of common stock for services, which were fully vested upon the date of issuance. The Company recorded
    an expense of $71,000 for the fair value of those shares.
2.
During the year ended December 31, 2016, the
    Company issued an aggregate of 86 shares of common stock for the settlement of $2,895,000 of amounts accrued in accordance
    with the terms of the LightMiner Asset Purchase Agreement, dated April 24, 2015. As of December 31, 2016, the fair value of
    $567,000 was accrued and held in escrow, which represented 16 shares of common stock. Subsequent to December 31, 2016, the
    escrow was released and the Company issued the shares for settlement of the liability.
3.
On November 21, 2016, the Company issued 29
    shares of restricted common stock in connection with the purchase of Integrio Technologies, LLC. The Company recorded the
    $101,000 value of the shares as part of the purchase price of the assets during the year ended December 31, 2016.
4.
During the three months ended March 31, 2017,
    the Company issued 2 shares of common stock related to the acquisition of Integrio Technologies, LLC, which were fully vested
    upon the date of grant. The Company recorded an expense of $7,050 for the fair value of those shares.
5.
During the three months ended March 31, 2017,
    the Company issued 3 shares of common stock for services, which were fully vested upon the date of grant. The Company recorded
    an expense of approximately $14,100 for the fair value of those shares.
6.
During the three months ended March 31, 2017,
    the Company issued 16 shares of common stock for the settlement of $567,000 of shares held in escrow related to the LightMiner
    asset acquisition dated April 24, 2015.
7.
During the three months ended June 30, 2017,
    the Company issued 44 shares of common stock for services, which were fully vested upon the date of grant. The Company recorded
    an expense of approximately $144,800 for the fair value of those shares.
8.
During the three months ended September 30,
    2017, the Company issued 82 shares of common stock for services, which were fully vested upon the date of grant. The Company
    recorded an expense of $87,000 for the fair value of those shares.
9.
During the three months ended December 31,
    2017, the Company issued 133 shares of common stock for services, which were fully vested upon the date of grant. The Company
    recorded an expense of approximately $55,000 for the fair value of those shares.
10.
On October 8, 2018, the Company issued 37,500
    shares of common stock to a consultant for services. The Company recorded an expense of approximately $465,000 for the fair
    value of those shares.
11.
On February 28, 2019, the Company issued 200,000
    shares of common stock to a consultant for services.  The Company recorded an expense of approximately $242,000
    for the fair value of those shares.
12.
On April 10, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $2,689,868.23 as of
    April 10, 2019, entered into an exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $500,000 and then cause the
    outstanding balance of the original note to be reduced by $500,000; and (ii) exchange the partitioned note for the delivery
    of 626,566 shares of common stock at an effective price per share equal to $0.798. The shares were delivered on April 12,
    2019.
II-
3
13.
On April 24, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $2,198,399.77 as of
    April 24, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $400,000 and then cause the
    outstanding balance to be reduced by $400,000; and (ii) exchange the partitioned note for the delivery of 444,988 shares of
    common stock at an effective price per share equal to $0.8989. The shares were delivered to the note holder on April 25, 2019.
14.
On May 21, 2019, the Company, through its
    wholly owned subsidiary, Inpixon Canada, Inc., as purchaser (the "Purchaser"), completed its acquisition (the
    "Acquisition") of Locality Systems Inc. pursuant to the terms of a Share Purchase Agreement (the "Purchase
    Agreement"). Pursuant to the terms and conditions of the Purchase Agreement, the Company issued 650,000 shares of common
    stock as part of the aggregate consideration for the Acquisition.
15.
On May 28, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,815,462.74 as of
    May 28, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $250,000 and then cause the
    outstanding balance to be reduced by $250,000; and (ii) exchange the partitioned note for the delivery of 312,891 shares of
    common stock, at an effective price per share equal to $0.799. The shares were delivered to the note holder on May 29, 2019.
16.
On June 13, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,572,434.87 as of
    June 13, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $150,000 and then cause the
    outstanding balance to be reduced by $150,000; and (ii) exchange the partitioned note for the delivery of 239,044 shares of
    common stock, at an effective price per share equal to $0.6275. The shares were delivered to the note holder on June 14, 2019.
17.
On June 20, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,425,203.02 as of
    June 20, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $200,000 and then cause the
    outstanding balance to be reduced by $200,000; and (ii) exchange the partitioned note for the delivery of 317,461 shares of
    common stock, at an effective price per share equal to $0.63. The shares were delivered to the note holder on June 21, 2019.
18.
On June 25, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,226,905.63 as of
    June 25, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $200,000 and then cause the
    outstanding balance to be reduced by $200,000; and (ii) exchange the partitioned note for the delivery of 327,869 shares of
    common stock, at an effective price per share equal to $0.61. The shares were delivered to the note holder on June 26, 2019.
19.
On June 26, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $1,027,190.88 as of
    June 26, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $135,000 and then cause the
    outstanding balance to be reduced by $135,000; and (ii) exchange the partitioned note for the delivery of 228,814 shares of
    common stock, at an effective price per share equal to $0.59. The shares were delivered to the note holder on June 27, 2019.
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4
20.
On June 27, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $892,438.72 as of
    June 27, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $170,000 and then cause the
    outstanding balance to be reduced by $170,000; and (ii) exchange the partitioned note for the delivery of 275,974 shares of
    common stock, at an effective price per share equal to $0.616. The shares were delivered to the note holder on June 28, 2019.
21.
On June 27, 2019, the Company acquired GTX
    in accordance with that certain Asset Purchase Agreement.  As part of the consideration for such acquisition, the
    Company issued 1,000,000 shares of its common stock to GTX. Of such shares, 100,000 shares are subject to certain holdback
    restrictions and forfeiture for the purpose of satisfying indemnification claims.
22.
On July 5, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $724,045.70 as of
    July 5, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $178,500 and then cause the
    outstanding balance to be reduced by $178,500; and (ii) exchange the partitioned note for the delivery of 350,000 shares of
    common stock, at an effective price per share equal to $0.51. The shares were delivered to the note holder on July 8, 2019.
23.
On July 9, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $546,152.11 as of
    July 9, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $204,000 and then cause the
    outstanding balance to be reduced by $204,000; and (ii) exchange the partitioned note for the delivery of 400,000 shares of
    common stock, at an effective price per share equal to $0.51. The shares were delivered to the note holder on July 10, 2019.
24.
On July 10, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with an outstanding balance of $342,247.15 as of
    July 10, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to (i) partition
    a new promissory note in the form of the original note in the original principal amount equal to $127,500 and then cause the
    outstanding balance to be reduced by $127,500; and (ii) exchange the partitioned note for the delivery of 250,000 shares of
    common stock, at an effective price per share equal to $0.51. The shares were delivered to the note holder on July 11, 2019.
25.
On July 11, 2019, the Company and the holder
    of that certain outstanding promissory note, issued on October 12, 2018, with a remaining outstanding balance of $214,806.81
    as of July 11, 2019, entered into another exchange agreement, pursuant to which the Company and the note holder agreed to
    (i) partition a new promissory note in the form of the original note in the original principal amount equal to $214,806.81
    and then cause the outstanding balance to be reduced by $214,806.81; and (ii) exchange the partitioned note for the delivery
    of 403,772 shares of common stock, at an effective price per share equal to $0.532. The shares were delivered to the note
    holder on July 12, 2019.
26.
On August 15, 2019, the Company acquired through Inpixon Canada, Inc., its wholly owned subsidiary, all of the issued and outstanding shares of Jibestream Inc. in accordance with the terms and conditions of a Share Purchase Agreement, by and among us, Jibestream Inc., Inpixon Canada, Inc., each of the persons set forth on Exhibit A of the Share Purchase Agreement, or the Vendors, and Chris Wiegand, as a Vendor and Vendor's representative, dated July 9, 2019, as amended. As a result of the transaction, Jibestream Inc. became an indirect, wholly owned subsidiary of the Company. In connection with the acquisition of Jibestream Inc., the Company issued 5,068,969 shares of common stock to the Vendors, of which 309,187 shares of common stock are subject forfeiture to secure certain indemnification and other obligations of the Vendors, and the Company agreed to issue 2,864,003 shares of common stock upon the receipt of stockholder approval of such shares, in accordance with and as required by the Nasdaq Listing Rules. The Company issued these shares (a) in reliance upon an exemption from registration under Section 4(a)(2) of the Securities Act for private transactions and (b) in reliance on an exemption from registration provided by Regulation S of the Securities Act inasmuch as the Vendors are persons other than "U.S. persons" (as defined in Rule 902 under the Securities Act) and the requirements of Rule 903 under the Securities Act were otherwise met.
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5
Debenture and Series 1 Convertible Preferred
Stock Related Issuances
1.
On August 9, 2016, the Company issued to Hillair
    Capital Investments L.P. ("Hillair") (i) an 8% Original Issue Discount Senior Convertible Debenture (the "Debenture")
    in an aggregate principal amount of $5,700,000 due on August 9, 2018 and (ii) 2,250 shares of Series 1 Convertible Preferred
    Stock, par value $0.001 per share, for an aggregate purchase price of $5,000,000.
2.
On April 20, 2017, the Company issued to Hillair
    92 shares of the Company's common stock in payment for an interest amount of $315,700 due on May 9, 2017 at an interest
    conversion rate equal to $3,444.00 per share.
3.
On May 9, 2017, the Company issued 83 shares
    of the Company's common stock upon conversion of 2,250 shares of the Company's Series 1 Convertible Preferred
    Stock by Hillair.
4.
During December 2017, 5,725 shares of the
    Company's common stock were issued to pay $1,649,000 in principal of the Debenture at a conversion rate equal to $288.00
    per share.
5.
During December 2017, 827 shares of the Company's
    common stock were issued to pay $158,000 in principal of the Debenture at a conversion rate equal to $190.80 per share.
6.
On February 5, 2018, the holder of the Debenture
    delivered a conversion notice to the Company pursuant to which it converted $300,000 of principal of the Debenture into 1,254
    shares of the Company's common stock. Such shares of common stock were issued on February 6, 2018.
7.
On February 7, 2018, the holder of the Debenture
    delivered a conversion notice to the Company pursuant to which it converted $400,000 of principal of the Debenture into 2,982
    shares of the Company's common stock.
8.
On February 9, 2018, the holder of the Debenture
    delivered a final conversion notice to the Company pursuant to which it converted $317,000 of principal of the Debenture into
    2,645 shares of the Company's common stock, which paid the Debenture in full.
Other Convertible Debt Related Issuances
May 31, 2017 Subordinated Convertible Promissory
Notes
On May 31, 2017, the Company
issued and sold subordinated convertible promissory notes in an aggregate principal amount of $2,200,000 due on May 31, 2018 for
an aggregate purchase price of $2,000,000, representing an approximately 9% original issue discount.
November 17, 2017 Convertible Promissory
Note
On November 17, 2017,
the Company issued a $1,745,000 principal face amount convertible promissory note to an accredited investor which yielded net
proceeds of $1,500,000 to the Company (the "November 17, 2017 Note").
Pursuant to an exchange
agreement dated October 5, 2018, the Company and the note holder partitioned a new convertible promissory note in the principal
amount of $1,536,649.00 to reduce the outstanding balance of the November 17, 2017 Note by the same amount and exchanged the partitioned
note for the delivery of 142,282 shares of common stock, at an effective price per exchange share equal to $10.80. The offer and
sale of the exchange shares was not registered under the Securities Act, in reliance on an exemption from registration under Section
3(a)(9) of the Securities Act, in that (a) the exchange shares were being issued in exchange for the partitioned note which was
another outstanding security of the Company; (b) there was no additional consideration of value being delivered by the note holder
in connection with the exchange; and (c) there were no commissions or other remuneration being paid by the Company in connection
with the exchange.
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6
Pursuant to an exchange
agreement dated January 29, 2019, the Company and the note holder partitioned a new convertible promissory note in the principal
amount of $383,768.07 to reduce the outstanding balance of the November 17, 2017 Note by the same amount and exchanged the partitioned
note for the delivery of 172,869 shares of common stock, at an effective price per exchange share equal to $2.22.  Following
this partition and exchange, the November 17, 2017 Note was paid in full.  The offer and sale of the exchange shares
was not registered under the Securities Act, in reliance on an exemption from registration under Section 3(a)(9) of the Securities
Act, in that (a) the exchange shares were being issued in exchange for the partitioned note which was another outstanding security
of the Company; (b) there was no additional consideration of value being delivered by the note holder in connection with the exchange;
and (c) there were no commissions or other remuneration being paid by the Company in connection with the exchange.
Issuances of Warrants and Exchange Shares
December 2016 Warrants and Exchange Shares
On December 15, 2016,
the Company sold, in a registered offering, 278 shares of common stock at a purchase price of $7,200 per share to certain investors
(the "December 2016 Purchasers").  Concurrently with the sale of the common stock, the Company also issued
warrants to purchase up to 208 shares of common stock (the "December 2016 Warrants") to the December 2016 Purchasers.
The Company engaged Rodman & Renshaw, a unit of H.C. Wainwright & Co., LLC as exclusive placement agent for the issuance
and sale of common stock and warrants.
Pursuant to exchange agreements
dated December 15, 2017, the Company issued up to an aggregate of 1,667  shares of the Company's common stock
to the December 2016 Purchasers, in exchange for the termination and cancellation of the December 2016 Warrants.  The
offer and sale of the exchange shares was not registered under the Securities Act, in reliance on an exemption from registration
under Section 3(a)(9) of the Securities Act, in that (a) the exchange shares were being issued in exchange for the December 2016
Warrants which were other outstanding securities of the Company; (b) there was no additional consideration of value being delivered
by the holders in connection with the exchange; and (c) there were no commissions or other remuneration being paid by the Company
in connection with the Exchange.
August 2017 Warrants
On August 9, 2017, the
Company issued warrants to purchase up to an aggregate of 917  shares of common stock to certain purchasers in consideration
for such purchasers' exercise of certain warrants issued by the Company in a registered offering pursuant to that certain
warrant agency agreement dated as of June 30, 2017.
January 2018 Warrants
On January 8, 2018, the
Company sold, in a registered offering, an aggregate of 14,996 shares of the Company's common stock, at a purchase price
of $212.40 per share to certain investors.  Concurrently with the sale of the common stock, the Company also issued
warrants to purchase up to 14,996 shares of common stock to the purchasers of common stock.  Roth Capital Partners,
LLC acted as the exclusive placement agent for this sale and issuance of the common stock and warrants.
Unless otherwise stated,
the sales of the above securities were deemed to be exempt from registration under the Securities Act in reliance upon Section
4(a)(2) of the Securities Act (or Regulation D promulgated thereunder). The recipients of the securities in each of these transactions
represented their intentions to acquire the securities for investment only and not with a view to or for sale in connection with
any distribution thereof, and appropriate legends were placed upon any stock certificates issued in these transactions.
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7
Item 16. Exhibits.
Incorporated
    by Reference
Exhibit Number
Exhibit Description
Form
File No.
Exhibit
Filing Date
Filed Herewith
2.1†
Asset
    Purchase and Merger Agreement dated March 1, 2013 by and among Sysorex Global Holdings Corp., Lilien, LLC and Lilien Systems.
S-1
333-190574
2.1
August 12, 2013
2.2
Agreement
    and Plan of Merger dated August 31, 2013 by and among Sysorex Global Holdings Corp., Sysorex Merger Sub, Inc., Shoom, Inc.
    and the Shareholder Representative.
S-1
333-191648
2.4
October 9, 2013
2.3
Agreement
    and Plan of Merger dated as of December 20, 2013, by and among Sysorex Global Holdings Corp., AirPatrol Corporation, AirPatrol
    Acquisition Corp. I, AirPatrol Acquisition Corp. II, and Shareholders Representative Services LLC.
S-1/A
333-191648
2.6
January 21, 2014
2.4
Amendment
    No. 1 to Agreement and Plan of Merger dated February 28, 2014 with AirPatrol Corporation.
S-1/A
333-191648
2.7
March 13, 2014
2.5
Amendment
    No. 2 to Agreement and Plan of Merger dated April 18, 2014 with AirPatrol Corporation.
8-K
001-36404
2.8
April 24, 2014
2.6
Waiver
    and Amendment No. 3 to Agreement and Plan of Merger dated May 30, 2014 with AirPatrol Corporation.
S-1
333-198502
12.9
August 29, 2014
2.7†
Asset
    Purchase Agreement, dated as of April 24, 2015, between Sysorex Global Holdings Corp., LightMiner Systems, Inc. and Chris
    Baskett.
8-K
001-36404
2.1
April 30, 2015
2.8
Agreement
    and Plan of Merger, dated as of December 14, 2015, between Sysorex Global Holdings Corp. and Sysorex Global.
8-K
001-36404
10.3
December 18, 2015
2.9†
Asset
    Purchase Agreement, dated November 14, 2016, among Integrio Technologies, LLC, Emtec Federal, LLC, Sysorex Government Services,
    Inc. and Sysorex Global.
8-K
001-36404
2.1
November 18, 2016
2.10
Amendment
    No. 1 to Asset Purchase Agreement, dated as of November 21, 2016, by and among Sysorex Global, Sysorex Government Services,
    Inc., Integrio Technologies, LLC and Emtec Federal, LLC.
8-K
001-36404
2.2
November 28, 2016
II-
8
Incorporated
    by Reference
Exhibit Number
Exhibit Description
Form
File No.
Exhibit
Filing Date
Filed Herewith
2.11
Agreement
    and Plan of Merger, dated as of February 27, 2017, between Sysorex Global and Inpixon.
8-K
001-36404
2.1
March 1, 2017
2.12
Agreement
    and Plan of Merger, dated as of July 25, 2018, between Inpixon USA and Sysorex, Inc.
8-K
001-36404
2.1
July 31, 2018
2.13
Separation
    and Distribution Agreement, dated August 7, 2018 between Inpixon and Sysorex, Inc.
10-Q
001-36404
2.1
August 13, 2018
2.14
Amendment
    No. 1 to Separation and Distribution Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.
8-K
001-36404
10.5
September 4, 2018
2.15†
Share
    Purchase Agreement, dated May 21, 2019, by and among Inpixon, Inpixon Canada, Inc., Locality Systems Inc., Kirk Moir, in his
    capacity as the Sellers' Representative, the Sellers and Garibaldi Capital Advisors Ltd.
8-K
001-36404
2.1
May 22, 2019
2.16†
Asset
    Purchase Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.
8-K
001-36404
2.1
July 1, 2019
2.17†
Share
    Purchase Agreement, dated July 9, 2019, by and among Inpixon, Inpixon Canada, Inc., Jibestream Inc., the Vendors, and Chris
    Wiegand, in his capacity as the Vendors' Representative.
8-K
001-36404
2.1
July 11, 2019
2.18†
Amendment
    to Share Purchase Agreement, dated as of August 8, 2019, by and among Inpixon, Inpixon Canada, Inc., Jibestream Inc., the
    Vendors, and Chris Wiegand, in his capacity as the Vendors' Representative.
8-K
001-36404
2.1
August 9, 2019
2.19
The
    Second Amendment to the Share Purchase Agreement, dated August 15, 2019, by and among Inpixon, Inpixon Canada, Inc., Jibestream
    Inc, and Chris Wiegand, in his capacity as the Vendors' representative.
8-K
001-36404
2.1
August 19, 2019
3.1
Restated
    Articles of Incorporation.
S-1
333-190574
3.1
August 12, 2013
3.2
Certificate
    of Amendment to Articles of Incorporation (Increase Authorized Shares).
S-1
333-218173
3.2
May 22, 2017
II-
9
Incorporated
    by Reference
Exhibit Number
Exhibit Description
Form
File No.
Exhibit
Filing Date
Filed Herewith
3.3
Certificate
    of Amendment to Articles of Incorporation (Reverse Split).
8-K
001-36404
3.1
April 10, 2014
3.4
Articles
    of Merger (renamed Sysorex Global).
8-K
001-36404
3.1
December 18, 2015
3.5
Articles
    of Merger (renamed Inpixon).
8-K
001-36404
3.1
March 1, 2017
3.6
Certificate
    of Amendment to Articles of Incorporation (Reverse Split).
8-K
001-36404
3.2
March 1, 2017
3.7
Certificate
    of Amendment to Articles of Incorporation (authorized share increase).
8-K
001-36404
3.1
February 5, 2018
3.8
Certificate
    of Amendment to Articles of Incorporation (Reverse Split).
8-K
001-36404
3.1
February 6, 2018
3.9
Certificate
    of Amendment to Articles of Incorporation (Reverse Split).
8-K
001-36404
3.1
November 1, 2018
3.10
Bylaws,
    as amended.
S-1
333-190574
3.2
August 12, 2013
4.1
Specimen
    Stock Certificate of the Company.
S-1
333-190574
4.1
August 12, 2013
4.2
Form
    of Certificate of Designation of Preferences, Rights and Limitations of Series 4 Convertible Preferred Stock.
8-K
001-36404
3.1
April 24, 2018
4.3
Certificate
    of Designation of Series 5 Convertible Preferred Stock, dated as of January 14, 2019.
8-K
001-36404
3.1
January 15, 2019
4.4
Promissory
    Note, dated as of October 12, 2018.
8-K
001-36404
4.1
October 18, 2018
4.5
Promissory
    Note, dated as of December 21, 2018.
8-K
001-36404
4.1
December 31, 2018
4.6
Warrant
    to purchase common stock dated March 20, 2013 held by Bridge Bank N.A.
S-1
333-190574
4.3
August 12, 2013
4.7
Warrant
    to purchase common stock dated August 29, 2013 held by Bridge Bank N.A.
S-1
333-191648
4.5
October 9, 2013
4.8
Form
    of Warrant Agency Agreement.
S-1/A
333-218173
4.7
June 23, 2017
II-
10
Incorporated
    by Reference
Exhibit Number
Exhibit Description
Form
File No.
Exhibit
Filing Date
Filed Herewith
4.9
Form
    of Additional Warrant.
8-K
001-36404
4.1
August 9, 2017
4.10
Form
    of Warrant.
8-K
001-36404
4.1
January 9, 2018
4.11
Form
    of Warrant.
8-K
001-36404
4.1
February 16, 2018
4.12
Form
    of Warrant.
8-K
001-36404
4.1
April 24, 2018
4.13
Form
    of Warrant.
8-K
001-36404
4.1
January 15, 2019
4.14
Form
    of Warrant Agency Agreement.
8-K
001-36404
4.2
January 15, 2019
4.15
Promissory
    Note, dated as of May 3, 2019.
8-K
001-36404
4.1
May 3, 2019
4.16
Promissory
    Note, dated as of June 27, 2019.
8-K
001-36404
4.1
June 27, 2019
4.17
Form
    of Series A warrants.
8-K
001-36404
4.2
August 14, 2019
4.18
Series
    6 Preferred Certificate of Designation, effective as of August 13, 2019.
8-K
001-36404
4.1
August 14, 2019
4.19
Promissory
    Note, dated as of August 8, 2019
8-K
001-36404
4.1
August 9, 2019
5.1
Legal Opinion of Mitchell Silberberg & Knupp LLP.
X
10.1+
Amended
    and Restated 2011 Employee Stock Incentive Plan.
S-8
333-195655
10.22
May 2, 2014
10.2+
Form
    of Incentive Stock Option Agreement.
8-K
001-36404
10.9
October 27, 2014
10.3+
Form
    of Non-Qualified Stock Option Agreement.
8-K
001-36404
10.5
October 27, 2014
10.4+
Form
    of Restricted Stock Award Agreement.
8-K
001-36404
10.6
October 27, 2014
10.5+
2018
    Employee Stock Incentive Plan.
S-8
333-229374
99.1
January 25, 2019
10.6+
2018
    Employee Stock Incentive Plan Form of Incentive Stock Option Agreement.
8-K
001-36404
10.1
May 18, 2018
10.7+
2018
    Employee Stock Incentive Plan Form of Non-Qualified Stock Option Agreement.
8-K
001-36404
10.2
May 18, 2018
10.8+
Director
    Services Agreement with Leonard A. Oppenheim dated October 21, 2014.
8-K
001-36404
10.1
October 27, 2014
II-
11
Incorporated
    by Reference
Exhibit Number
Exhibit Description
Form
File No.
Exhibit
Filing Date
Filed Herewith
10.9+
Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Leonard A. Oppenheim dated February 4, 2019.
10-K
001-36404
10.9
March 28, 2019
10.10+
Director
    Services Agreement with Kareem M. Irfan dated October 21, 2014.
8-K
001-36404
10.3
October 27, 2014
10.11+
Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Kareem M. Irfan dated February 4, 2019.
10-K
001-36404
10.11
March 28, 2019
10.12+
Director
    Services Agreement with Tanveer A. Khader dated October 21, 2014.
8-K
001-36404
10.4
October 27, 2014
10.13+
Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Tanveer A. Khader dated February 4, 2019.
10-K
001-36404
10.13
March 28, 2019
10.15+
Amended
    and Restated Employment Agreement by and between the Company and Nadir Ali
10-Q
001-36404
10.14
May 15, 2018
10.16+
Employment
    Agreement, effective as of October 1, 2014, between Wendy Loundermon and the Company.
8-K
001-36404
10.8
October 27, 2014
10.17+
Employment
    Agreement dated November 4, 2016, by and between Sysorex USA and Soumya Das.
10-K
001-36404
10.51
April 17, 2017
10.18+
Amended
    Compensation Terms for Soumya Das
10-Q
001-36404
10.9
August 13, 2018
10.19+
Amendment
    to Employment Agreement dated August 31, 2018 among Inpixon, Sysorex, Inc. and Soumya Das
8-K
001-36404
10.8
September 4, 2018
10.20
Lease
    Agreement dated August 21, 2014, by and between ECI Two Bayshore LLC and Sysorex Global Holdings Corp.
10-K
001-36404
10.57
April 17, 2017
10.21
Commercial
    Lease Amendment dated September 19, 2016, by and between 424116 B.C. Ltd. and Sysorex Canada Corp.
10-K
001-36404
10.53
April 17, 2017
II-
12
Incorporated
    by Reference
Exhibit Number
Exhibit Description
Form
File No.
Exhibit
Filing Date
Filed Herewith
10.22
Amended
    and Restated GemCap Loan and Security Agreement: Payplant Loan and Security Agreement, by and among GemCap Lending, LLC, Inpixon,
    Inpixon USA, Inpixon Federal, Inc. and Payplant LLC, as agent for Payplant Alternatives Fund LLC.
8-K
001-36404
10.1
August 18, 2017
10.23
Payplant
    Client Agreement by and among Inpixon, Inpixon USA, Inpixon Federal, Inc. and Payplant LLC.
8-K
001-36404
10.2
August 18, 2017
10.24
Amendment 1 to Payplant Client Agreement dated August 31, 2018 between Inpixon, Sysorex, Inc., Sysorex Government Services, Inc. and Payplant LLC.
8-K
001-36404
10.6
September 4, 2018
10.25
Transition
    Services Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.
8-K
001-36404
10.1
September 4, 2018
10.26
Tax
    Matters Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.
8-K
001-36404
10.2
September 4, 2018
10.27
Employee
    Matters Agreement dated August 31, 2018 between Inpixon and Sysorex, Inc.
8-K
001-36404
10.3
September 4, 2018
10.28
Assignment
    and Assumption Agreement dated August 31, 2018 between members of the Inpixon Group and members of the Sysorex Group
8-K
001-36404
10.4
September 4, 2018
10.29
Note
    Purchase Agreement, dated as of October 12, 2018.
8-K
001-36404
10.1
October 18, 2018
10.30
Note
    Purchase Agreement, dated as of December 21, 2018.
8-K
001-36404
10.1
December 31, 2018
10.31
Global
    Amendment, dated February 8, 2019.
8-K
001-36404
10.1
February 8, 2019
10.32
Dealer-Manager
    Agreement, dated December 7, 2018, between Maxim Group LLC and Inpixon.
8-K
001-36404
1.1
December 7, 2018
10.33
Amendment
    to Dealer-Manager Agreement, dated January 14, 2019, between Maxim Group LLC and Inpixon.
8-K
001-36404
1.1
January 15, 2019
10.34
Note Purchase
    Agreement, dated as of December 31, 2018, by and between Inpixon and Sysorex, Inc.
8-K
001-36404
10.2
December 31, 2018
10.35
Sysorex
    Secured Promissory Note, dated as of December 31, 2018.
8-K
001-36404
10.3
December 31, 2018
10.36
First
    Amendment Agreement, dated as of February 4, 2019, between Inpixon and Sysorex, Inc.
8-K
001-36404
10.2
February 8, 2019
10.37+
Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Leonard A. Oppenheim dated February 4, 2019.
10-K
001-36404
10.9
March 28, 2019
10.38+
Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Kareem M. Irfan dated February 4, 2019.
10-K
001-36404
10.11
March 28, 2019
10.39+
Waiver
    and Amendment No. 1 to Board of Directors Services Agreement with Tanveer A. Khader dated February 4, 2019.
10-K
001-36404
10.13
March 28, 2019
10.40
Second
    Amendment Agreement, dated as of April 2, 2019, between Inpixon and Sysorex, Inc.
8-K
001-36404
10.1
April 5, 2019
II-
13
Incorporated
    by Reference
Exhibit Number
Exhibit Description
Form
File No.
Exhibit
Filing Date
Filed Herewith
10.41†
Note
    Purchase Agreement, dated as of May 3, 2019.
8-K
001-36404
10.1
May 3, 2019
10.42#
Das
    Commission Plan.
10-Q
001-36404
10.11
May 14, 2019
10.43
General
    Security Agreement, dated May 21, 2019, executed by Locality Systems Inc. in favor of the Sellers.
8-K
001-36404
10.1
May 22, 2019
10.44
Guaranty
    Agreement, dated May 21, 2019, executed by Inpixon in favor of the Sellers.
8-K
001-36404
10.2
May 22, 2019
10.45
Third
    Amendment Agreement, dated as of May 22, 2019, between Inpixon and Sysorex, Inc.
8-K
001-36404
10.3
May 22, 2019
10.46
Note
    Purchase Agreement, dated as of June 27, 2019.
8-K
001-36404
10.2
June 27, 2019
10.47†
Patent
    Assignment and License-Back Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.
8-K
001-36404
10.1
July 1, 2019
10.48†
Patent License Agreement, dated June 27, 2019, by and between Inpixon and Inventergy.
8-K
001-36404
10.4
July 1, 2019
10.49†
Patent License Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.
8-K
001-36404
10.2
July 1, 2019
10.50†#
Consulting
    Agreement, dated June 27, 2019, by and between Inpixon and GTX Corp.
8-K
001-36404
10.5
July 1, 2019
10.51
Form
    of Promissory Note.
8-K
001-36404
10.6
July 1, 2019
10.52†
Note
    Purchase Agreement, dated as of August 8, 2019.
8-K
001-36404
10.1
August 9, 2019
10.53
Standstill
    Agreement, dated as of August 8, 2019.
8-K
001-36404
10.2
August 9, 2019
10.54
Form
    of Jibestream Note.
8-K
001-36404
10.3
August 9, 2019
21
List
    of Subsidiaries of the Company.
10-K
001-36404
21
March 28, 2019
23.1
Consent of Marcum LLP.
X
23.2
Consent of MNP LLP.
X
23.3
Consent of Mitchell Silberberg & Knupp LLP (included in Exhibit 5.1).
X
24.1
Power of Attorney (included on signature page).
X
99.1
Jibestream's
    Audited Consolidated Financial Statements and the notes related thereto.
8-K/A
001-36404
99.1
July 25, 2019
99.2
Jibestream's Interim Unaudited Consolidated Financial Statements and the notes related thereto.
8-K/A
001-36404
99.2
September 13, 2019
99.3
Inpixon and Jibestream's Unaudited Pro Form Condensed Combined Financial Statements and the notes related thereto.
8-K/A
001-36404
99.3
September 13, 2019
+
Indicates a management contract or compensatory plan.
†
Exhibits, schedules and similar attachments
    have been omitted pursuant to Item 601 of Regulation S-K and the registrant undertakes to furnish supplemental copies of any
    of the omitted exhibits and schedules upon request by the SEC.
#
Certain confidential portions of this Exhibit
    were omitted by means of marking such portions with brackets ("[****]") because the identified confidential portions
    (i) are not material and (ii) would be competitively harmful if publicly disclosed.
II-
14
Item 17.  Undertakings.
(a)
The undersigned registrant hereby undertakes:
(1)
To file, during any period
    in which offers or sales are being made, a post-effective amendment to this registration statement:
(i)
To include any prospectus required by Section
    10(a) (3) of the Securities Act of 1933, as amended;
(ii)
To reflect in the prospectus any facts or
    events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof)
    which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement.
    Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities
    offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering
    range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
    changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the "Calculation
    of Registration Fee" table in the effective registration statement.
(iii)
To include any material information with respect
    to the plan of distribution not previously disclosed in the registration statement or any material change to such information
    in the registration statement;
provided, however
, that:
Paragraphs (a)(1)(i), (a)(1)(ii) and (a)(1)(iii)
of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained
in reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities
Exchange Act of 1934 that are incorporated by reference in the registration statement.
(2)
That, for the purpose of determining any liability
    under the Securities Act of 1933, as amended, each such post-effective amendment shall be deemed to be a new registration
    statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to
    be the initial bona fide offering thereof.
(3)
To remove from registration by means of a
    post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(4)
That, for the purpose of determining liability under the Securities Act
    of 1933 to any purchaser, each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an
    offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A,
    shall be deemed to be part of and included in the registration statement as of the date it is first used after effectiveness;
    provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement
    or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus
    that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use,
    supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration
    statement or made in any such document immediately prior to such date of first use.
(b)
The undersigned registrant hereby undertakes
    that, for purposes of determining any liability under the Securities Act of 1933, as amended, each filing of the registrant's
    annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each
    filing of an employee benefit plan's annual report pursuant to section 15(d) of the Securities Exchange Act of 1934)
    that is incorporated by reference in this registration statement shall be deemed to be a new registration statement relating
    to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona
    fide offering thereof.
(c)
Insofar as indemnification for liabilities
    arising under the Securities Act of 1933, as amended, may be permitted to directors, officers, and controlling persons of
    the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of
    the Securities and Exchange Commission, such indemnification is against public policy as expressed in the Act and is, therefore,
    unenforceable.  In the event that a claim for indemnification against such liabilities (other than the payment by the
    registrant of expenses incurred or paid by a director, officer, or controlling person of the registrant in the successful
    defense of any action, suit, or proceeding) is asserted by such director, officer, or controlling person in connection with
    the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by
    controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is
    against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
II-
15
SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Palo Alto, State of California, on September 13, 2019.
INPIXON
By:
/s/ Nadir Ali
Nadir Ali
Chief Executive Officer
POWER OF ATTORNEY
We, the undersigned officers
and directors of Inpixon, hereby constitute and appoint Nadir Ali and Wendy Loundermon and each of them, the true and lawful agents
and attorneys-in-fact of the undersigned with full power and authority in said agents and attorneys-in-fact, and in any one or
more of them, to sign for the undersigned and in their respective names as an officer/director of the Company, a registration
statement on Form S-1 (or other appropriate form) relating to the offer and sale of common stock of the Company pursuant to this
registration statement and any amendments thereto and file the same, with all exhibits thereto and other documents in connection
therewith, with the Securities and Exchange Commission, and with full power of substitution; hereby ratifying and confirming all
that each of said attorneys-in-fact, or his substitute or substitutes, may 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/
    Nadir Ali
Chief Executive Officer and Director
September 13, 2019
Nadir Ali
(Principal Executive Officer)
/s/
    Wendy Loundermon
Vice President of Finance and Director
September 13, 2019
Wendy Loundermon
(Principal Financial and Accounting Officer)
/s/ Leonard Oppenheim
Director
September 13, 2019
Leonard Oppenheim
II-16