News:

New Round added to ASRA schedule: VIR North Course

Main Menu

Recent posts

#31
Motorcycle Talk / Re: "Two-Wheel New Energy Vehi...
Last post by Biketographer - January 11, 2024, 05:04:40 PM
LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- From January 9th to 12th, the globally anticipated Consumer Electronics Show (CES) will be grandly held at the Las Vegas Convention Center in the western United States. During this event, RICTOR, an innovator in the field of new energy two-wheel vehicles, will unveil its full product lineup, showcasing its latest technologies and achievements in the field.

20240105181113.jpg

As one of the focal points of CES, RICTOR will present over 10 innovative products that lead the industry trends, including several global debut new products and industry-disrupting cutting-edge technologies. K1, as the first electric motorcycle of RICTOR, stands out as a centerpiece of this exhibition. Equipped with a 750W Bafang motor and dual battery configuration, which is not only powerful but also solves range anxiety. Its built-in IoT module enables smart app connectivity, unlocking a new experience of intelligent travel for consumers.

The new products also include the C8, a saddle-style skateboard specially designed for children. These new vehicles not only exhibit a more stylish and dynamic exterior design but also demonstrate substantial improvements in intelligence and safety performance. The highlight products of RICTOR also include 1S certified by the new national standard; the A1, a high-speed off-road electric scooter equipped with dual 1300W motors and the S9 PLUS with front and rear suspension design. These products, distinguished by excellent performance and innovative design, have gained widespread favor among consumers.

RICTOR possesses leading independent R&D technology capabilities, earning high recognition within society. With over 300 patents, RICTOR has also formulated 132 testing standards, benefiting from its deep understanding of the industry and products. As the leading drafting unit, RICTOR has been involved in establishing national general technical and testing standards for the scooter industry. RICTOR independently developed the KIPS (Kinetic Intelligent Power System), integrating three-electric technologies: intelligent motor (abundant power, precise design, smooth torque, quiet driving), intelligent battery (reliable usage, smart core, long endurance, fast charging), and intelligent control (OTA over-the-air upgrades, precise positioning, energy recovery system, high-efficiency conversion). As the industry enters a stage of rapid growth, RICTOR continues to launch products with higher levels of intelligence.

Always attentive to diverse user needs, RICTOR has developed shared electric scooters like the Super C, KS3000, SE200, and SE140, employing advanced technological concepts and core technology, which represents that RICTOR has achieved full scene coverage of intelligent two-wheel electric travel and built a green, intelligent, and convenient new travel ecosystem.

RICTOR is a brand specializing in the field of intelligent short-distance travel. Main business involves manufacturing and selling products such as electric scooters, E-bikes and electric motorcycles. Its products have been sold in over 80 countries and regions globally, with hundreds of millions of users experiencing its consumer-grade and shared-grade products.

Combining RICTOR strengths in core technology development for three electric components, supply chain management, complete vehicle manufacturing, IoT shared modules, AI-powered imaging systems and the establishment of shared vehicle networking operation platforms, RICTOR has garnered nearly 500 patents including inventions, PCT, utility models and design patents. RICTOR continues to dedicate itself to the research and development of new energy-powered two-wheel vehicles, integrating smart, technological and green travel into its company and product philosophy, offering a new choice for urban mobility.

At the same time, RICTOR extensively employs a model of cooperation with overseas retail giants and online platforms, continuously establishing a global distributor system, aspiring to create an international brand, and proliferate RICTOR's spirit and technology worldwide. Presently, RICTOR's products have entered major chain retailers around the world such as FNAC, DARTY, BOULANGER, and have partnered with Teknihall, one of the top three aftersales service providers in Europe. Additionally, RICTOR has established warehousing, logistics, customer service and after-sales service systems in the United States and Europe.

SOURCE RICTOR
#32
Motorcycle Talk / 6 Hours of Florida
Last post by Biketographer - January 11, 2024, 05:01:20 PM
6 Hours of Florida  Fri. Feb. 2, 2024 @ 12:00 PM - Sat. Feb. 3, 2024 @ 6:00 PM ET

Endurance Karting's first race of 2024 is at a new facility for us: ANDERSEN RACE PARK! This exciting facility located on Florida's West Coast just south of Tampa was repaved in 2022 and is ready to host the 3rd Running of The 6 Hours of Florida. This is an arrive & drive team competition with all entries using 10 hp Honda Powered Dino Racing Karts provided by Endurance Karting. The karts have weight ballast boxes so all drivers can be brought to the minimum weight of their class.

asdf.png

All-Inclusive Race Pricing- 50 Minutes Practice & Qualifying + 6 Hour Race + All Safety Gear Included

    $1600/Team Entry
    $533.33 individual on 3 driver team
    $400.00 individual on 4 driver team
    $320.00 individual on 5 driver team
    $266.67 individual on 6 driver team
    $1,350 For a Solo Driver Entry with approval

Teams can reserve entry with a deposit of a $500 deposit. | Balance due 2 weeks prior to the event

dfgh.jpg
#33
Motorcycle Talk / Global Motorcycle Tire Market ...
Last post by Biketographer - January 11, 2024, 04:55:19 PM
DUBAI, UAE, Jan. 8, 2024 /PRNewswire/ -- As per the latest report published by Kings Research, the global Motorcycle Tires Market size was recorded at USD 10,033.7 million in 2022 and is estimated to grow to USD 17,121.4 million by 2030, exhibiting a CAGR of 7.10% through the projection period of 2023-2030. The market for high-quality motorcycle tires is experiencing a surge in demand as the sales of luxury motorcycles continue to soar worldwide. The increasing popularity of recreational motorcycle riding is fueling the need for off-road, dual-purpose, and track tires. In developing economies with rough road conditions, there is a considerable demand for long-lasting tires that offer superior tread wear and resistance against punctures.

Motorcycle tires play a vital role in ensuring grip, stability, and safety during rides. These tires consist of multiple layers of rubber, as well as fabric and wire, working in harmony to provide the required traction and support. There is a wide range of motorcycle tire options available, each tailored to suit specific riding styles and motorcycle types. Sport or performance tires, touring tires, off-road tires, cruiser tires, and dual-sport tires stand out as the prevalent categories of motorcycle tires. Specifically crafted for high-performance motorcycles, sport or performance tires find extensive use in racing and sport riding activities.

Request Sample PDF of the Report: https://www.kingsresearch.com/request-sample/motorcycle-tires-market-232

Trending Now: Michelin Introduces Three New Motorcycle Tires

On November 7, 2023, Michelin introduced three new motorcycle products at the EICMA trade show in Milan. These innovative tires, scheduled for release in January 2024, were showcased on various motorcycles exhibited at the event and prominently featured in the Michelin booth.

Drawing upon 130 years of expertise in the development of 2-wheel tires, with Michelin's inaugural tire designed for a bike, the company boasts a rich history and has garnered over 500 victories in the FIM World Championships. Throughout the past half-century, Michelin has consistently led the way in innovation, contributing to the evolution of slick tires, radial tires, and asymmetrical tires.

In recent years, premium manufacturers such as BMW Motorrad, Triumph, KTM, Honda, and others have homologated the Michelin Power and Michelin Anakee ranges, attesting to Michelin's continued influence and acceptance within the industry.

Competitive Landscape

Leading companies in the global motorcycle tires market are focusing on several growth strategies such as product innovation to expand their reach. For instance, in April 2023, TVS Srichakra Ltd launched its new range of TVS Euro grip tires in India. These premium tires have been specially formulated for superbikes and adventure touring, and have been developed in Europe, taking into consideration the unique road conditions in India.

Key participants in the global motorcycle tires market include:

    Bridgestone Corporation
    Michelin
    Continental Reifen Deutschland GmbH
    Pirelli & C. S.p.A.
    Sumitomo Rubber Industries, Ltd.
    ZC Rubber
    MAXXIS UK
    APOLLO TYRES LTD
    MRF
    JK Tyre
    CEAT
    TVS SRICHAKRA LIMITED

Inquire Before Buying This Report: https://www.kingsresearch.com/enquiry/motorcycle-tires-market-232

The global Motorcycle Tires Market is segmented as:

By Structure

    Radial
    Bias

Growing Preference for Radial Tires to Aid Motorcycle Tires Market Progress

On the basis of structure, the radial segment is anticipated to grow at a healthy CAGR of 7.69% through the projection period. Radial tires provide superior wet weather grip and have the ability to maintain lower temperatures, resulting in increased speed and longevity compared to bias-ply tires. This makes them well-suited for high-performance vehicles with sturdy frames and sports applications. Furthermore, certain tire manufacturers have introduced premium radial tires tailored specifically for vintage motorcycles. Moreover, the anticipated rise in the popularity of electric motorcycles is set to positively influence the demand for radial tires in the near future.

By Application

    Sports
    Street
    Mountain
    Cruiser
    Others

Market Growth Poised to Rise Due to Easy Availability of Street Tire Options

By application, the street segment is anticipated to account for the largest share of the global motorcycle tires market in the near future, reaching a value of USD 9,012.2 million by 2030 as a result of its long-lasting performance, good grip and traction, and improved safety. There are various street tire options available for riders, catering to specific road conditions such as wet or dry surfaces, racing, and touring. These tires come with specialized features, such as increased rubber volume, deep tread patterns, and optimized designs for urban terrains. Moreover, certain street tires offer advantages including improved mileage and cooler performance at high speeds, making them a worthwhile investment for motorcycle enthusiasts. For instance, Michelin City Extra tires are specifically designed for on-road motorcycle usage and are equipped with features like extended tire life and a tread pattern that is perfect for urban terrains.

Ask for Customization: https://www.kingsresearch.com/customization/motorcycle-tires-market-232

Technological Advancements to Spur Motorcycle Tires Market Growth

With the progress of technology, the global market has witnessed the emergence of innovative materials and construction techniques that significantly improve tire performance. As a result, the market has experienced substantial growth. Advanced formulations of rubber and reinforced constructions have resulted in enhanced traction, maneuverability, and longevity, spurring a rise in the demand for high-performance motorcycle tires.

Furthermore, the emergence of eco-friendly motorcycle tires that deliver improved fuel economy and lower carbon footprints has opened up a new segment of environmentally conscious consumers, presenting tire manufacturers with added avenues for generating revenue.

Asia Pacific to Lead Motorcycle Tires Market Due to Growing Use of Motorcycles

Asia Pacific is projected to dominate the global market with a valuation of USD 7,885.6 million by 2030 driven by the growing population and widespread use of motorcycles, particularly in China and India, which are among the top global producers of motorcycles. The growing consumer inclination toward cars has led to a rise in automobile manufacturing plants and expansion efforts by manufacturers in developing countries. These countries have witnessed a significant increase in the production of automobiles, due to supportive government policies, mounting GDP, and increased consumer spending.

Furthermore, the Indian market holds a prominent position in the production of two-wheelers, accounting for over 80% of the overall automotive production and a substantial 7% contribution to the nation's manufacturing GDP. Consequently, there is a substantial need for motorcycle tires in both the original equipment manufacturer (OEM) sector and the aftermarket. To cite an instance, in FY2021, India witnessed the sale of approximately 91.86 million units of two-wheeler tires, the majority of which were specifically for motorcycles.

Browse the Complete Report Here: https://www.kingsresearch.com/motorcycle-tires-market-232

Major Points from TOC:

Chapter 1 Introduction of The Global Motorcycle Tires Market

1.1 Market Definition

1.2 Market Segmentation

1.3 Research Timelines

1.4 Limitations

1.5 Assumptions

Chapter 2 Executive Summary

Chapter 3 Research Methodology

3.1 Data Collection

3.1.1 Secondary Sources

3.1.2 Primary Sources

3.1.3 Research Flow

3.2 Subject Matter Expert Advice

3.3 Quality Check

3.4 Final Review

3.5 Bottom-Up Approach

3.6 Top-down Approach

Chapter 4 Global Motorcycle Tires Market Outlook

4.1 Market Evolution

4.2 Overview

4.3 Market Dynamics

4.3.1 Drivers

4.3.2 Restraints

4.3.3 Opportunities

4.3.4 Challenges

4.4 Pricing Analysis

4.5 Porter's Five Forces Analysis

4.6 Value Chain Analysis

4.7 Macroeconomic Analysis

Chapter 5 Impact of Russia-Ukraine War

Chapter 6 Global Motorcycle Tires Market, By Structure

Chapter 7 Global Motorcycle Tires Market, By Type

Chapter 8 Global Motorcycle Tires Market, By Application

Chapter 9 Global Motorcycle Tires Market, By Geography

Chapter 10 North America

Chapter 11 Europe

Chapter 12 Asia Pacific

Chapter 13 Middle East & Africa

Chapter 14 Latin America

Chapter 15 Global Motorcycle Tires Market Competitive Landscape

15.1 Overview

15.2 Key Developments

15.3 Key Strategic Developments

15.4 Company Market Ranking

15.5 Regional Footprint

15.6 Industry Footprint

Chapter 16 Company Profiles

16.1 Bridgestone Corporation

16.1.1 Key Facts

16.1.2 Financial Overview

16.1.3 Product Benchmarking

16.1.4 Recent Developments

16.1.5 Winning Imperatives

16.1.6 Current Focus & Strategies

16.1.7 Threat from competition

16.1.8 SWOT Analysis

16.2 Michelin

16.2.1 Key Facts

16.2.2 Financial Overview

16.2.3 Product Benchmarking

16.2.4 Recent Developments

16.2.5 Winning Imperatives

16.2.6 Current Focus & Strategies

16.2.7 Threat from competition

16.2.8 SWOT Analysis

16.3 Continental Reifen Deutschland GmbH

16.3.1 Key Facts

16.3.2 Financial Overview

16.3.3 Product Benchmarking

16.3.4 Recent Developments

16.3.5 Winning Imperatives

16.3.6 Current Focus & Strategies

16.3.7 Threat from competition

16.3.8 SWOT Analysis

16.4 Pirelli & C. S.p.A.

16.4.1 Key Facts

16.4.2 Financial Overview

16.4.3 Product Benchmarking

16.4.4 Recent Developments

16.4.5 Winning Imperatives

16.4.6 Current Focus & Strategies

16.4.7 Threat from competition

16.4.8 SWOT Analysis

16.5 Sumitomo Rubber Industries, Ltd.

16.5.1 Key Facts

16.5.2 Financial Overview

16.5.3 Product Benchmarking

16.5.4 Recent Developments

16.5.5 Winning Imperatives

16.5.6 Current Focus & Strategies

16.5.7 Threat from competition

16.5.8 SWOT Analysis

Continued........

About Us:

Kings Research stands as a renowned global market research firm. With a collaborative approach, we work closely with industry leaders, conducting thorough assessments of trends and developments. Our primary objective is to provide decision-makers with tailored research reports that align with their unique business objectives. Through our comprehensive research studies, we strive to empower leaders to make informed decisions.

Our team comprises individuals with diverse backgrounds and a wealth of knowledge in various industries. At Kings Research, we offer a comprehensive range of services aimed at assisting you in formulating efficient strategies to achieve your desired outcomes. Our objective is to significantly enhance your long-term progress through these tailored solutions.

Contact Us

Kings Research
Phone: (+1) 888 328 2189
E-mail: business@kingsresearch.com
Website: https://www.kingsresearch.com
Blog: https://www.kingsresearch.com/blog
#34
Motorcycle Talk / Ride for Israel
Last post by Biketographer - January 09, 2024, 09:32:48 AM
SANFORD, Fla., Jan. 8, 2024 /PRNewswire/ -- Decision Tactical, an immersive training center for law enforcement and civilians, is proud to host a motorcycle rally on January 14th, 2024, dedicated to raising funds for communities in Israel affected by acts of terrorism.

The ride is captained and organized by Attorney and Former Orlando Police Officer, Michael Brehne.

"When Michael approached us as the host site for the Ride for Israel, it was immediately something I knew we needed to support. We look forward to having such a great group of passionate people on site, and hope to make a significant impact in communities in Israel that need our help the most," shares Decision Tactical CEO Remo Eyal.

"As someone who has served the people of Orlando for over 25 years, I have been incredibly passionate about the Jewish community and inspired by their continued support for communities across the globe. After seeing the horrific attacks on October 7th, I felt compelled to organize this event and provide support to those communities in Israel that need to be rebuilt," Brehne says.

The event aims to bring together bikers, local leaders, families, supporters of Israel, and community members who share a commitment to promoting peace and supporting those who have been impacted by acts of violence.

The rally will feature a ride leaving from Sanford, and return to Decision Tactical. Family activities such as music, a bounce house, face painting, and a batting cage will be on site for all to enjoy.

RideForIsrael.jpg

Details of the Ride for Israel:

    Date: January 14th, 2024
    Location: Decision Tactical, 430 Towne Center Circle, Sanford, Florida
    Time: Registration starts at 8am, the ride is from 10am to noon

The rally is also open to cars and trucks. All proceeds from the event will be donated to rebuild and support affected communities, providing essential services and resources to those in need.

For more information about the event, please visit RideForIsrael.com or contact Jenna@decisiontactical.com

Contact: Jenna Winzenburg, Director of Marketing, Decision Tactical
Cell: 863.370.0066
Email: Jenna@DecisionTactical.com
RideForIsrael.com

SOURCE Decision Tactical
#36
Motorcycle Talk / Florida 2-Stroke Only Motorcyc...
Last post by Biketographer - December 23, 2023, 09:13:42 AM
14607 6 Mile Cypress Parkway, Fort Myers, FL
Saturday, February 10  | 9 AM - 3 PM
Wide-2-StrokeLogo-outlines.png
Mark your calendars for the Sixth Annual 2-Stroke Vintage Motorcycle Show in South Florida! An array of antique bikes will be displayed and judged in beautiful Southwest Florida. The event is FREE to the public with a small fee to enter bikes. There will be live music, vendors, food, dealer exhibits and more!
#37
Motorcycle Talk / Press Release: MotoVenue Adve...
Last post by Biketographer - December 23, 2023, 09:01:13 AM
It took looking at many pages of their website to find out that their "training facility" is BlackHawk Farms Raceway.



CHICAGO, Dec. 22, 2023 /PRNewswire/ -- MotoVenue, the Midwest's premier adventure motorcycle training facility, is proud to announce its groundbreaking role in reshaping the adventure motorcycling landscape. With a commitment to excellence, innovation, and comprehensive rider experiences, MotoVenue stands as a trailblazer in the industry, introducing never-before-seen opportunities for adventure enthusiasts nationwide.


MotoVenue's distinct advantage lies in its seamless blending of on-road and off-road adventure experiences, a concept previously unheard of in the heart of the Midwest. Nestled within our expansive 1.9-mile racetrack and meticulously paved rider skills area, riders discover the perfect playground for mastering precision, control, and sport touring dynamics.
Moto-Venue-Web-Logo-.jpg

A World of Unparalleled Off-Road Adventure

What sets MotoVenue apart is its vast off-road playground, featuring diverse terrain courses, gravel roads, off-road skills challenges, and adventure-friendly single tracks. Riders of all levels can conquer obstacles, elevate their skills, and embrace the thrill of authentic off-road touring, all within a captivating Midwest setting.

Progressive Adventure Motorcycle Training

MotoVenue is not just a destination; it's an institution for adventure motorcycling growth. Our progressive adventure motorcycle training programs cater to riders seeking to master off-road challenges or refine on-pavement skills. Our experienced instructors guide riders toward confidence and expertise in every terrain.

Real On-Site Camping: Where Adventure Never Ends

But the adventure doesn't stop when the sun sets. MotoVenue offers real on-site camping facilities, creating an immersive experience where riders can share tales of their conquests around the campfire and wake up to new days filled with thrilling rides.

Join Us in Redefining Adventure

MotoVenue invites adventure motorcycle manufacturers, local dealerships, and enthusiasts to partner with us in redefining adventure motorcycling. Discover an exclusive opportunity to embrace the full spectrum of motorcycle adventure right in the heart of the nation.

"Adventure knows no boundaries, and at MotoVenue, we've broken through them all. Join us in shaping the future of adventure motorcycling and creating lasting memories that fuel your passion for the open road," says Don Gaconnet, Founder of MotoVenue.

For media inquiries, partnerships, or further information, please contact:

MotoVenue LLC
staff@motovenue.com
+1(262) 207-4377
#38
Racing Discussion / Re: First time racing fees and...
Last post by Biketographer - December 21, 2023, 11:34:31 AM
A great number of your questions will be answered at your race school.  You will learn things you did not know you needed / wanted to know.

License info: https://asraracing.com/license

I believe that you can take a race school anytime in the year and then apply for your race license immediately after it is complete.     If the race school is the Friday before a ASRA race then you likely will be able to go through the process that day.
#39
Motorcycle Talk / Re: Damon Hyperfighter
Last post by Biketographer - December 21, 2023, 11:27:16 AM
PALO ALTO, Calif., Dec. 20, 2023 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) today announced that Damon Motors, maker of the award-winning HyperSport EV Motorcycle, will be featuring its HyperFighter Superbike at CES 2024 within the NXP® Semiconductors booth CP-19 at the Las Vegas Convention Center Central Plaza, January 9-12, 2024. CES, owned and produced by the Consumer Technology Association (CTA)®, is widely recognized as the one of the most influential tech events in the world. CES provides a platform to showcase groundbreaking technologies and global innovators including manufacturers, developers, and suppliers of consumer technology products.

"We are pleased to return to CES and feature our innovative HyperFighter Superbike," commented Jay Giraud, CEO of Damon Motors. "CES brings together global leaders within the technology industry and provides the stage to experience leading products from around the world. We are proud to be able to feature our HyperFighter Superbike, which provides users with a new riding experience combining high performance and sleek design with advanced safety technologies that differentiate our bike from others on the market. Separately, we continue to advance our business transaction with Inpixon, which is expected to result in a new publicly traded company on Nasdaq, allowing Damon to further execute our business growth strategy."

damon.jpg

Damon has won over a dozen awards for its innovations including a 2022 CES Best in Innovation award for its HyperDrive technology and a 2020 CES Best in Innovation award for its flagship HyperSport motorcycle. The company has also received awards from The Edison Awards, GOOD DESIGN, Digital Trends, Red Herring, Popular Science, Robb Report, and more.

As previously disclosed, Inpixon's board of directors has set December 27, 2023 as the record date for determining the holders of Inpixon's outstanding capital stock and certain other securities ("Record Date Securityholders") entitled to the distribution of all the outstanding shares of Grafiti Holding Inc. owned by Inpixon ("Spin-off Shares") in connection with its previously announced spinoff.

Factors that May Affect the Distribution and Spin-off

The distribution of the Spin-off Shares to the Record Date Securityholders is conditioned upon the effectiveness of the Registration Statement. In addition, the Business Combination is subject to the satisfaction or waiver of certain closing conditions, including approval of the Business Combination by Damon securityholders, approval by the Supreme Court of British Columbia, and a Plan of Arrangement for purposes of compliance with the exemption from registration provided by Section 3(a)(10) under the Securities Act of 1933, as amended, in connection with the issuance by Grafiti of the merger consideration to Damon securityholders, as well as approval by Nasdaq to list the shares of the combined company. No assurance can be provided as to the timing of the completion of the distribution and the Business Combination or that all conditions to the Spin-off or the Business Combination will be satisfied. Inpixon expects that there will be no public trading market for the shares of Grafiti until or unless the Business Combination is consummated.

Inpixon may elect to change the Record Date for the Spin-off to a later date or to not proceed with the distribution.

About Inpixon

Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence®, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and industrial real-time location system (RTLS) solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. For the latest insights, follow Inpixon on LinkedIn, and X, and visit inpixon.com.

About Damon Motors

Damon is a global technology leader disrupting urban mobility, led by entrepreneurs and executives from world-class EV and technology companies. With its offices in San Rafael, California and headquartered in Vancouver, Canada, Damon is on a mission to cause a paradigm shift for safer, smarter motorcycling. Anchored by its proprietary electric powertrain, HyperDrive™, Damon has captured the attention of the motorcycling world by delivering 200 hp, a top speed of 200 mph, 200 miles of range, innovative design, and new safety features, including CoPilot™ and Shift™, which are attracting an entirely new generation of motorcycle riders. With strong consumer interest in the US and abroad, Damon aims to set a new standard for motorcycle safety and sustainability worldwide. For more information on how Damon technology is defining the new industry standard, please visit damon.com.

Important Information About the Proposed Damon Transaction and Where to Find It

In connection with the Spin-off, Grafiti has confidentially submitted with the SEC a registration statement, registering Grafiti common shares. Grafiti will also file a preliminary and final non-offering prospectus with the British Columbia Securities Commission relating to the Business Combination with Damon. This press release does not contain all the information that should be considered concerning the Spin-off and the Business Combination with Damon (the "Proposed Damon Transaction") and is not a substitute for any other documents that Inpixon or Grafiti may file with the SEC, or that Damon may send to stockholders in connection with the business combination. It is not intended to form the basis of any investment decision or any other decision in respect to the Proposed Damon Transaction. Damon's stockholders and Inpixon's stockholders and other interested persons are advised to read, when available, the registration statement of Grafiti together with its exhibits, as these materials will contain important information about Inpixon, Grafiti, Damon, the Proposed Damon Transaction.

The registration statement, upon effectiveness, and other documents to be filed by Grafiti with the SEC will also be available free of charge, at the SEC's website at www.sec.gov, or by directing a request to: Grafiti Holding Inc., 2479 E. Bayshore Road, Suite 195, Palo Alto, CA 94303.

Forward-Looking Statements Regarding the Proposed Damon Transaction

This press release contains certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, and Section 21E of the Exchange Act. All statements other than statements of historical fact contained in this press release, including statements regarding the benefits of the Proposed Damon Transaction, the anticipated timing of the completion of the Proposed Damon Transaction, the products under development by Damon and the markets in which it plans to operate, the advantages of Damon's technology, Damon's competitive landscape and positioning, and Damon's growth plans and strategies, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts, and assumptions that, while considered reasonable by Inpixon and its management, and Damon and its management, as the case may be, are inherently uncertain and many factors may cause the actual results to differ materially from current expectations which include, but are not limited to:

    the risk that the Proposed Damon Transaction may not be completed in a timely manner or at all, which may adversely affect the price of Inpixon's securities;
    the risk that the public market valuation of the combined company following the consummation of the business combination may differ from the valuation range ascertained by the parties to the business combination and their respective financial advisors, and that the valuation to be ascertained by an independent financial advisor to Damon in connection with the business combination may differ from the valuation ascertained by Inpixon's independent financial advisor;
    the failure to satisfy the conditions to the consummation of the Proposed Damon Transaction, including receiving the necessary approvals from the Damon securityholders and the Supreme Court of British Columbia with respect to the Plan of Arrangement;
    the occurrence of any event, change or other circumstance that could give rise to the termination of the Proposed Damon Transaction;
    the effect of the announcement or pendency of the Proposed Damon Transaction on Inpixon, Grafiti and Damon's business relationships, performance, and business generally;
    risks that the Proposed Damon Transaction disrupts current plans of Inpixon, Grafiti and Damon and potential difficulties in their employee retention as a result of the Proposed Damon Transaction;
    the outcome of any legal proceedings that may be instituted against Damon, Grafiti or Inpixon related to the Proposed Damon Transaction;
    failure to realize the anticipated benefits of the Proposed Damon Transaction;
    the inability to satisfy the initial listing criteria of Nasdaq or obtain Nasdaq approval of the initial listing of the combined company on Nasdaq;  the risk that the price of the securities of the combined company may be volatile due to a variety of factors, including changes in the highly competitive industries in which Grafiti and Damon operate, variations in performance across competitors, changes in laws, regulations, technologies that may impose additional costs and compliance burdens on Grafiti and Damon's operations, global supply chain disruptions and shortages, and macro-economic and social environments affecting Grafiti and Damon's business and changes in the combined capital structure; the inability to implement business plans, forecasts, and other expectations after the completion of the Proposed Damon Transaction, and identify and realize additional opportunities;  the risk that Damon has a limited operating history, has not achieved sufficient sales and production capacity at a mass-production facility, and Damon and its current and future collaborators may be unable to successfully develop and market Damon's motorcycles or solutions, or may experience significant delays in doing so;
    the risk that the combined company may never achieve or sustain profitability;
    the risk that Damon and the combined company may be unable to raise additional capital on acceptable terms to finance its operations and remain a going concern;
    the risk that the combined company experiences difficulties in managing its growth and expanding operations;
    the risk that Damon's $85 million of non-binding reservations are canceled, modified, delayed or not placed and that Damon must return the refundable deposits and such reservations are not converted to sales;
    the risks relating to Damon's ability to satisfy the conditions and deliver on the orders and reservations, its ability to maintain quality control of its motorcycles, and Damon's dependence on third parties for supplying components and manufacturing the motorcycles;
    the risk that other motorcycle manufacturers develop competitive electric motorcycles or other competitive motorcycles that adversely affect Damon's market position;
    the risk that Damon's patent applications may not be approved or may take longer than expected, and Damon may incur substantial costs in enforcing and protecting its intellectual property;
    the risk that Damon's estimates of market demand may be inaccurate; and
    other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in Inpixon's Annual Report on Form 10-K for the year ended December, 31, 2022, which was filed with the SEC on April 17, 2023, and Quarterly Report on Form 10-Q for the quarterly period thereafter, as such factors may be updated from time-to-time in Inpixon's filings with the SEC, and the registration statement to be filed by Grafiti in connection with the Spin-off. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither Inpixon nor Damon gives any assurance that either Inpixon or Damon or the combined company will achieve its expected results. Neither Inpixon nor Damon undertakes any duty to update these forward-looking statements, except as otherwise required by law.

No Offer or Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transactions and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy, sell or solicit any securities or any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
#40
Motorcycle Talk / Midwest Banquet
Last post by barb_arah - December 20, 2023, 11:40:06 PM
I'm wondering who is planning on attending the Midwest banquet at Lake Lawn. I'm considering going with camera of course. Would there be any interest in having pictures taken?