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Sysorex Announces Closing of $500,000 Private Placement
Sysorex Announces Closing of $500,000 Private Placement
HERNDON, Va., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Sysorex, Inc. (OTCQB: SYSX), a leading U.S.-based Ethereum mining and technology company, today announced that it has entered into a securities purchase agreement with accredited investors to purchase approximately $500,000 of its shares of common stock and warrants to purchase common stock in a private placement transaction. Additional details on the transaction are available in the Company's Form 8-K, which has been filed with the U.S. Securities and Exchange Commission and is available at www.sec.gov.
Joseph Gunnar & Co., LLC acted as the sole placement agent in connection with the transaction.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
ABOUT SYSOREX, INC.
Sysorex, Inc. is a data center owner and operator and leading U.S.-based, publicly traded Ethereum mining and technology company. The Company currently owns and operates approximately 11,000 NVIDIA GPUs generating approximately 500 Gigahash of computing power, which GPUs include thousands of Cryptocurrency Mining Processors (CMPs). These GPUs are currently online and securing the Ethereum Blockchain and generating ETH around the clock with industry leading efficiency. In addition to the mining of ETH, the Company operates its wholly owned subsidiary, Sysorex Government Services, Inc. (SGS), a business that provides information technology products, solutions and services to federal, state, and local government, including system integrators. The Company, in conjunction with SGS, is advancing strategies to leverage decentralized finance (De-Fi) and Non-Fungible Token (NFT) opportunities powered by the Ethereum Blockchain.
Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements." While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Sysorex, Inc. and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the impact of COVID-19 on Sysorex's results of operations, Sysorex's ability to integrate the products and business from recent acquisitions into its existing business, the performance of management and employees, the regulatory landscape as it relates to privacy regulations and their applicability to Sysorex's technology. Other factors that are detailed in Sysorex's periodic and current reports available for review at sec.gov. Furthermore, Sysorex operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Sysorex disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.
Investor Relations
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: SYSX@crescendo-ir.com
HERNDON, Va., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Sysorex, Inc. (OTCQB: SYSX), a leading U.S.-based Ethereum mining and technology company, today announced that it has entered into a securities purchase agreement with accredited investors to purchase approximately $500,000 of its shares of common stock and warrants to purchase common stock in a private placement transaction. Additional details on the transaction are available in the Company's Form 8-K, which has been filed with the U.S. Securities and Exchange Commission and is available at www.sec.gov.
弗吉尼亚州赫恩登,2022年10月19日(Global Newswire)--美国领先的以太矿业和技术公司Sysorex,Inc.(场外交易市场代码:SYSX)今天宣布,它已经与认可投资者达成了一项证券购买协议,将购买约50万美元的普通股和认股权证,以在私募交易中购买普通股。有关这笔交易的更多细节可在该公司的8-K表格中查阅,该表格已向美国证券交易委员会提交,可在www.sec.gov上查阅。
Joseph Gunnar & Co., LLC acted as the sole placement agent in connection with the transaction.
Joseph Gunnar&Co.,LLC担任与此次交易有关的唯一配售代理。
This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
本新闻稿不应构成出售这些证券的要约或邀请购买这些证券的要约,也不应在任何州或其他司法管辖区的任何州或其他司法管辖区出售这些证券,在根据任何此类州或其他司法管辖区的证券法进行登记或获得资格之前,在这些州或其他司法管辖区出售此类证券将是非法的。
ABOUT SYSOREX, INC.
关于Sysorex公司
Sysorex, Inc. is a data center owner and operator and leading U.S.-based, publicly traded Ethereum mining and technology company. The Company currently owns and operates approximately 11,000 NVIDIA GPUs generating approximately 500 Gigahash of computing power, which GPUs include thousands of Cryptocurrency Mining Processors (CMPs). These GPUs are currently online and securing the Ethereum Blockchain and generating ETH around the clock with industry leading efficiency. In addition to the mining of ETH, the Company operates its wholly owned subsidiary, Sysorex Government Services, Inc. (SGS), a business that provides information technology products, solutions and services to federal, state, and local government, including system integrators. The Company, in conjunction with SGS, is advancing strategies to leverage decentralized finance (De-Fi) and Non-Fungible Token (NFT) opportunities powered by the Ethereum Blockchain.
Sysorex,Inc.是一家数据中心所有者和运营商,也是一家总部位于美国、上市的领先的以太采矿和技术公司。该公司目前拥有和运营大约11,000个NVIDIA图形处理器,产生大约500千兆的计算能力,其中图形处理器包括数千个加密货币挖掘处理器(CMP)。这些GPU目前处于在线状态,可确保以太区块链的安全,并以行业领先的效率全天候生成ETH。除了开采ETH,该公司还经营其全资子公司Sysorex政府服务公司(SGS),这是一家向联邦、州和地方政府,包括系统集成商提供信息技术产品、解决方案和服务的企业。该公司与SGS合作,正在推进战略,以利用由以太区块链支持的去中心化融资(De-Fi)和不可替代令牌(NFT)机会。
Safe Harbor Statement
安全港声明
All statements in this release that are not based on historical fact are "forward-looking statements." While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Sysorex, Inc. and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the impact of COVID-19 on Sysorex's results of operations, Sysorex's ability to integrate the products and business from recent acquisitions into its existing business, the performance of management and employees, the regulatory landscape as it relates to privacy regulations and their applicability to Sysorex's technology. Other factors that are detailed in Sysorex's periodic and current reports available for review at sec.gov. Furthermore, Sysorex operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Sysorex disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.
本新闻稿中所有非基于历史事实的陈述均为“前瞻性陈述”。虽然管理层将本新闻稿中包含的任何前瞻性陈述建立在其当前预期的基础上,但这些预期所基于的信息可能会发生变化。这些前瞻性陈述依赖于对未来事件的一些假设,并受到许多风险、不确定因素和其他因素的影响,其中许多因素不在Sysorex公司及其子公司的控制范围之内,这可能会导致实际结果与这些陈述大不相同。此类风险、不确定因素和其他因素包括但不限于经济状况的波动、新冠肺炎对Sysorex运营业绩的影响、Sysorex将最近收购的产品和业务整合到现有业务中的能力、管理层和员工的表现、与隐私法规相关的监管格局及其对Sysorex技术的适用性。Sysorex定期和当前报告中详细说明的其他因素,可在以下网址进行审查:Sec.gov。此外,Sysorex在竞争激烈和快速变化的环境中运营,可能会出现新的和意想不到的风险。因此,投资者不应依赖前瞻性陈述作为对实际结果的预测。Sysorex没有任何更新或修改前瞻性陈述的意图,也不承担任何义务。
Investor Relations
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: SYSX@crescendo-ir.com
投资者关系
Cresendo Communications,LLC
电话:(212)671-1020
电子邮件:sysx@cresendo-ir.com
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