YA II PN, Ltd.
Exhibit 10.2
September 10, 2020
YA II PN, Ltd.
0000 Xxxxxxxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
Dear Sirs,
We refer to the Standby Equity Distribution Agreement, dated as of April 3, 2020 (the “Agreement”) by and between YA II PN Ltd., a Cayman Islands exempt limited partnership (the “Investor”), and Ideanomics, Inc., a Nevada corporation (the “Company”). The parties agree that the Agreement is hereby terminated.
Please confirm your acknowledgement below by executing this letter agreement and returning it to my attention.
Sincerely yours,
Xxxxxx Poor
Chief Executive Officer
ACKNOWLEDGED AND AGREED
YA II PN, LTD.:
By:________________
Name: _____________
Title: _____________