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$CXAI - Deep dive into an actually promising company
KINS just printed a blowout quarter… so why didn’t the stock move? Micro-cap curse or something else?
KINS Technology Group Inc. Announces Execution of Merger Agreement to Acquire Leading Workplace Experience Platform Business - KINZ KINZW
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I’ll state here that $CXAI will go below $.20. I wish people would do more research of the whole $INPX, $KINS, $CXAI, and $XTIA. They are all from the same dude, he’s a shell company creator, has never actually run a successful business (he should hang out with Trump!), and they are all FUCKING SHELL COMPANIES! There…was that maybe emphatic enough. ;)
Not exactly. Both CXAI share the same parent: Inpixon (INPX). Here’s how they’re related: - $CXAI (CXApp) was spun off when Inpixon distributed 100% of the outstanding capital stock of its subsidiary CXApp Holding Corp. to Inpixon shareholders, followed by a merger with SPAC KINS Technology Group.  - $XTIA (XTI Aerospace) came about through a separate merger between Inpixon and XTI Aerospace.  So essentially, Inpixon used two different strategies: - Spun out its enterprise apps business → became $CXAI - Merged its remaining shell/business with XTI Aircraft → became $XTIA Both are effectively successor companies to Inpixon (INPX), making them corporate siblings that share the same lineage. It’s a fairly unusual situation where one parent company essentially transformed into two separate public entities through back-to-back transactions.
Except you don’t have your facts straight. $CXAI (CXApp) is a spinoff of Inpixon (INPX).  In March 2023, Inpixon completed a tax-free distribution of 100% of the outstanding capital stock of its subsidiary CXApp Holding Corp., which then merged with SPAC KINS Technology Group Inc. (KINZ).  Following the merger, KINS changed its name to CXApp Inc. and began trading on Nasdaq under the ticker “CXAI” in March 2023.  So in summary: - Parent company: Inpixon (INPX) - SPAC merger partner: KINS Technology Group (KINZ) - Result: CXApp Inc. (CXAI)
Thanks man! I don't know anything about insurance stocks so really appreciate it. I'll have to check out KINS and do a side by side. The only reason I found it was fiddling with Gemini about peter lynch and garp investing.
I've never h ard if them before, so I did a surface check. Not too familiar with fire insurance. Generally with small insurers a big risk is concentration, so you might want to see how they are diversified. I know MCY got destroyed by the L.A. fires, as an example. P/B is decently cheap at 1.4. ROA at 3% and ROE at 14% are ok. It's probably cheaper than some other small P&C names. You might want to look into how much operational leverage they have to increase profitability. I see a share buyback authorized for about 7-8% of shares in the next two years. Not bad. My favorite niche insurance name (don't own it for some reason) is KINS. They do P&C in the NYC area. Decent company to check out if you want a comparison. Not much to add beyond that. There is almost nothing online about that stock. Pretty undiscovered?
Hey OP, you forgot the most important AI. $CXAI (CXApp) is a spinoff of Inpixon (INPX).  In March 2023, Inpixon completed a tax-free distribution of 100% of the outstanding capital stock of its subsidiary CXApp Holding Corp., which then merged with SPAC KINS Technology Group Inc. (KINZ).  Following the merger, KINS changed its name to CXApp Inc. and began trading on Nasdaq under the ticker “CXAI” in March 2023.  So in summary: • Parent company: Inpixon (INPX) • SPAC merger partner: KINS Technology Group (KINZ) • Result: CXApp Inc. (CXAI) But the most f’ed up thing you clearly did was you referenced SEC filings when it benefited your “this stock is awesome” case…but you forgot the filing with the proxy vote for the upcoming reverse split (mark my words…they WILL vote for the reverse split!). https://www.sec.gov/Archives/edgar/data/1820875/000182912626004751/cxappinc\_defa14a.htm https://preview.redd.it/tt9mha0x1f2h1.jpeg?width=915&format=pjpg&auto=webp&s=d30bcdde7a214aaaf04cdd052e537fcad5e056ab
A few things.....why do you feel like you need more energy names? You have plays on oil,.oil, gas, offshore, and tankers listed. Why do you need more names? I have been buying KFS recently, so yes, I believe it's a good buy at this point. It's probably going to require patience though. It's kinda a weird company. They're not insurance. They have an extended warranty business, which is basically a legacy interest at this point. The actual growth story is their accelator find. They have several operators in residence that buy small companies and turbocharge their growth. So they own a variety of "asset light" businesses in various fields. They have plumbing, electric components, some natural gas stuff....it's all broken out in their IR page. High growth with a long runway if they execute well. I've mentioned KINS and KNSL both in the past, but I don't own either. Both great insurance names, just not really inclined to buy either right now.
I'm pretty sure I learned about him through you! I subscribed after reading a few free articles. I need to still find some more energy (oil) names. AETUF was a big one for me and it got bought out. Now I'm holding LB, TPL, Tourmaline, VAL, and some tanker names (TEN and LPG). So you think KFS is at an attractive point here? I recall you talking about them and KINS in the best (and maybe KNSL?), but I've never followed insurance names too well.
KINS earnings: Net Premiums Earned Growth of 28% for Q1 2026 | Direct Premiums Written Growth of 20% for Q1 2026 Q1 GAAP Net Combined Ratio of 112.0% Driven by Eleven Winter Catastrophe Events in the Northeast U.S. Q1 Underlying Combined Ratio Improved 5.1 Points to 88.3% Q1 Diluted Net Loss Per Share of $0.40 | Q1 Diluted Operating Net Loss Per Share of $0.35
Yeah, the whole P&C sector has been getting killed as lower interest rates get priced in. That said, as of last earnings they're still guiding for 20% or more growth in EPS. The chart is starting to get some support too. I've had this one near the top of my list to buy for awhile waiting on any kind of bottoming. Really like this one even more than the Florida carriers. NYC is a vacuum right now and KINS is filling it.
u/creemeeseason, I noticed $KINS has taken a pretty steep hit recently. Any thoughts on this one?
Long time KNSL owner.... we're entering a soft market for insurance and I expect a few years of mediocre to poor performance out of KNSL. Management has commented that they are seeing a lot of price competition (probably due to poor risk management by competitors). We're probably a big risk event away from good performance out of P&C names. We need to knock a few names out of the game. On top of that, lower rates actually hurt insurance as they earn less money on their float. That said, I haven't sold anything. I think the company is stellar and will be a long term winner. I'm just not eager to add to it for awhile. There are a few small names that are becoming extremely cheap though. ACIC is a name out of Florida that is really highly regarded among insurance people. KINS is one out of NYC that has almost no following due to its size. I like KINS more because NYC has been exited by a number of large players and KINS is sucking up market share in the resulting vacuum. Meanwhile the stock has been sold off with the broad sector as the company puts up 20%+ earnings growth. In lieu of PGR I've actually been buying ROOT. Much longer runway and some short term earnings occurrences have masked great growth by the company. The stock is starting to find some traction too. I bought a ton near $90.
I did not realize how cheap some of the niche insurance names had gotten. KINS and ACIC are both around 6x earnings. Even if you assume their investment income will fall if rates fall, it seems like that's more than priced in.
How does XTIA play into this? Are you suggesting they're the next merger? I've seen a few posts connecting the two but no other connections? And, the correct path was INPX > KINS > CXAI but that's all public knowledge and completed in 2023
$KINS > $CXAI > $INPX > $XTIA https://www.prnewswire.com/news-releases/inpixon-completes-distribution-and-business-combination-of-cxapp-holding-corp-with-kins-technology-group-inc-301772232.html
Interesting. Some of these niche insurance names are putting up insane returns. Combined ratios below 70 are insanely profitable. The big downside is concentration. If there's a major event, they get hot hard. I think that keeps the valuation low. I do like KINS though, because NYC is relatively low risk, vs Florida.
Me? I’m super long $QXO shares & calls I believe $KINS will hit $20 this year And the YOLO play is $CORT LEAPS hoping they nail their platinum resistant cancer treatment
Fun smaller name in insurance: KINS. Obscene combined ratios and they're filling the vacuum left by a bunch of large names pulling out of NYC.
Construction/engineering names have all popped after earnings and continued upward ($TPC, $LMB, $STRL, $AMRC). So here’s my idea, buy $SLND before earnings on 5/13. These have all been turnaround plays that seem to have turned around, so I think $SLND will share a similar story and begin a nice uptrend. Stock has been basing sideways for a year while institutions accumulate and there’s only 4.58mil shares in the float. I caught the move on $TPC with this thesis. Also insurance names are a good play right now. $HRTG, $KINS, and $PLMR are my top picks.
Added a little BYRN this morning, adding to the share I've bought this week. Domestic manufacturing, which they are in the process of doubling. Also, in a wannabe Peter Lynch maneuver, started buying this one when I saw signs go up at stores. Also, KINS put out an amazing report last night and the stock is up big. Niche insurance company that's filling the vacuum left in NYC when larger carriers pulled out. Combined ratio in the high 70s is amazing underwriting. Overall, wary of putting to much to work. Things were so oversold that even with today's bounce we're not even close to technical reversals on most names. Additionally, considering puts on TLT with the thesis that we hit the debt ceiling and Treasury has been drawing down the general account instead of issuing debt. As they start to issue again there will be a supply glut on the market which should push rates higher..... we'll see.
$INPX —> $XTIA (with a splash of $CXAI, $KINS, and $DMN) Note 1 - Organization and Nature of Business On March 12, 2024 (the “Closing Date”), XTI Aerospace, Inc., the “Company”, formerly known as Inpixon (“Legacy Inpixon”), Superfly Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Legacy Inpixon (“Merger Sub”), and XTI Aircraft Company, a Delaware corporation (“Legacy XTI”), completed their previously announced merger transaction pursuant to that certain Agreement and Plan of Merger, dated as of July 24, 2023 and amended on December 30, 2023 and March 12, 2024 (the “XTI Merger Agreement”), pursuant to which Legacy XTI merged in a reverse triangular merger with Merger Sub with Legacy XTI surviving the merger as a wholly-owned subsidiary of the Company (the “XTI Merger”). In connection with the closing of the XTI Merger, our corporate name changed from Inpixon to “XTI Aerospace, Inc.” and the combined company opened for trading on the Nasdaq Capital Market on March 13, 2024 under the new ticker symbol “XTIA.” https://ir.xtiaerospace.com/sec-filings/all-sec-filings/content/0001628280-24-047969/inpx-20240930.htm $INPX (Inpixon) Hindenburg Research article explains *all* about $INPX - it’s a fabulous read! And it’s from 2018. -https://hindenburgresearch.com/inpixon-if-this-sketchy-deal-is-legal-the-public-markets-may-be-in-deep-trouble/ $INPX (Inpixon) merges into $XTAI (XTI Aerospace), from $DMN (Damon Motors), with the Nadar Ali offshoots $CXAI (CXApp) from $KIND. Probably an $INPX insider pumping this.
Kingstone Companies, Inc. (Nasdaq:KINS)a Northeast regional property and casualty insurance holding company, today announced that Kingstone Insurance has selected Earnix, a premier provider of mission-critical, cloud-based intelligent solutions across pricing, underwriting, rating, and product personalization, to enhance its pricing capabilities and support its strategic growth initiatives. This partnership will enable Kingstone Insurance Company, the principal operating subsidiary of Kingstone and the 15th largest writer of homeowners insurance in New York, to leverage Earnix's modeling and pricing solutions backed by robust data-science, analytical modeling, and artificial intelligence ("AI") capabilities, allowing Kingstone to deliver more accurate pricing strategies by leveraging predictive modeling as well as improved implementation timelines.
Anyone following/holding KINS? Niche insurer mainly in New York. A lot of big names are pulling out of the region, leaving a vacuum for them to fill. They're also divesting assets in other areas that haven't worked out as well for them. Interesting short to mid term play as they have incredible combined ratios indicating good underwriting.
This seems weird, maybe /u/SPAC_Time could chime in once he's around. Not that it should really matter at this point because the public float is now massively diluted after yesterday's amount of shorting, but it turns out that CXAI (previously KINS) had a post-redemption float of just 157,223 shares (before redemptions there were 387,551 public shares, and 230,328 were redeemed). [The relevant 8-K is the one from March 20th](https://www.sec.gov/ix?doc=/Archives/edgar/data/1820875/000110465923034553/tm239336d1_8k.htm). The table with the shares distribution can be found by looking up the string "KINS Public Stockholders". The Sponsor shares have a lock-up period of 180 days after the March merger, and the 1.54M shares + inpixon shares are insider shares. I'm not sure whether the 225K institutional shares held by Blackrock are publicly tradable at this point or if are under some constraints too (probably not). In any case, yesterday's volume was 163.8M (and 6.2M on March 23, just two weeks after the floor was removed), a number virtually impossible to achieve with a public float between 157K and 382K (post-redemptions + blackrock), even if diluted by multiple days of shorting before yesterday's event (the latest short interest figure with settlement date March 31 - recall that settlement is T+2 or T+3 - is just 26,589 short positions). Spactrack estimates a public float [of around 400K](https://spactrack.io/spac-detail/?symbol=CXAI), a number probably matching the 157K + 225K shares. With a float of 400K, every single share has to change hands 400 times to result in a volume of 160M, so there's something odd. The total pro forma are around 8.5M shares. Maybe the 6M sponsor shares + 2M insider shares are tradable somehow?
"Inpixon® (Nasdaq: INPX) today announced the completion of the expected tax-free distribution ("Distribution") of 100% of the outstanding capital stock of its subsidiary CXApp Holding Corp. on a pro rata basis to holders of Inpixon's outstanding capital stock and certain other securities of record as of March 6, 2023 ("Inpixon Securityholders"). The Distribution was immediately followed by the closing (the "Closing") of the business combination (the "Business Combination") between CXApp Holding Corp. and KINS Technology Group Inc. ("KINS") (which following the Closing changed its name to CXApp, Inc. ("CXApp"). **As a result of the transactions, Inpixon Securityholders received 7,035,000 shares of CXApp common stock, representing 50% of the outstanding CXApp common stock, of which approximately 22% were issued as Class A common stock and 78% as Class C common stock.**" [Inpixon Completes Distribution and Business Combination of CXApp Holding Corp. with KINS Technology Group Inc.](https://www.prnewswire.com/news-releases/inpixon-completes-distribution-and-business-combination-of-cxapp-holding-corp-with-kins-technology-group-inc-301772232.html) So that would be about 1.55 million shares of Class A stock distributed to Inpixion shareholders. From the [424B3 prospectus](https://www.sec.gov/Archives/edgar/data/1820875/000110465923019570/tm2228049-15_424b3.htm), it looks like the Class A shares are not subject to lock-up, only the Class C shares.
KINZ. As per fillings, they only added 135k shares. This is still low float. This Registration Statement on Form S-4 is being filed with respect to the registration of 135,000 additional shares of common stock of KINS Technology Group Inc., a Delaware corporation (the “Registrant”), representing 13,500 Class A common stock and 121,500 Class C common stock, pursuant to Rule 462(b) under the Securities Act of 1933, as amended, and General Instruction K to Form S-4.
>197K float for KINZ? *Maybe* after redemptions, maybe even less. 197K is the number of class A shares ***who returned their proxies***, Notice it says "representing **97.39% of KINS’ common stock** outstanding". "On June 10, 2022, in connection with the Company’s previous extension, 26,661,910 shares of Class A common stock (representing approximately 96.6% of the then outstanding Class A common stock) were tendered for redemption and redeemed, resulting in 938,090 shares of Class A common stock remaining. On December 9, 2022, in connection with the Company’s recent extension, 550,539 shares of Class A common stock (representing approximately 58.7% of the then outstanding Class A common stock) were tendered for redemption and redeemed, **resulting in 387,551 shares of Class A common stock remaining**." There were 387,551 shares of Class a stock outstanding before the meeting. No information on the number of redemptions for the business combination. In theory, some of the 173k who returned their proxies could have voted for or against the business combination and redeemed their shares.
In a special meeting of the stockholders (the “Special Meeting”) of KINS Technology Group Inc., a Delaware corporation (the “Company” or “KINS”), held on March 10, 2023 at 1:30 p.m., Pacific Time, virtually via live webcast in connection with the stockholder vote on proposals related to the previously announced business combination pursuant to that certain Agreement and Plan of Merger, dated as of September 25, 2022 (the “Merger Agreement”), by and among the Company, KINS Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of the Company (“Merger Sub”), Inpixon, a Nevada corporation (“Inpixon”) and CXApp Holding Corp., a Delaware corporation and wholly-owned subsidiary of Inpixon (“CXApp”), which provides for, among other things, the merger of the Merger Sub with and into CXApp, with CXApp surviving as a wholly-owned subsidiary of New CXApp (the “Merger”), holders of 7,097,290 shares of KINS common stock (consisting of 197,290 shares of KINS Class A common stock and 6,900,000 shares of KINS Class B common stock were present virtually or represented by proxy, representing 97.39% of KINS’ common stock outstanding and entitled to vote as of February 2, 2023, the record date for the Special Meeting, and constituting a quorum for the transaction of business. 197K float for KINZ?
for KINZ, isn't the target a subsidiary from INPX Inpixon Securityholders will receive shares of CXApp Holding common stock on a pro rata basis representing 100% of Inpixon's interest in CXApp Holding. Immediately following the distribution of CXApp Holding shares, the Business Combination is expected to close. Upon the closing of the Business Combination, all shares of CXApp Holding common stock will be automatically exchanged for shares of New CXApp on a pro rata basis according to an exchange ratio (the "Exchange Ratio") calculated immediately prior to closing using a formula set forth in the merger agreement (the "Merger Agreement") by and among Inpixon, CXApp Holding, KINS and a subsidiary of KINS. The Exchange Ratio is based on the number of shares of CXApp Holding common stock outstanding following the distribution of CXApp Holding shares and immediately prior to the closing of the Business Combination. so basically, sell before ticker change.
Thin, and the merger vote should be a foregone conclusion: "[On December 9, 2022, in connection with the Company’s recent extension](https://www.sec.gov/Archives/edgar/data/1820875/000110465923019570/tm2228049-15_424b3.htm), 550,539 shares of Class A Common Stock (representing approximately 58.7% of the then outstanding Class A Common Stock) were tendered for redemption and redeemed, resulting in **387,551 shares of Class A Common Stock remaining**. As a result, Sponsor’s 6,150,000 KINS Founder Shares currently represent approximately 84.39% of the total voting power of the Company. ***Accordingly, it is expected that the shares of KINS Common Stock held by Sponsor will be sufficient to establish quorum and to pass each of the proposals, including the business combination***."
Hey /u/Jealous-Astronaut586 - I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: KINS INPX. We don't allow discussion of low market cap (less than 500mm) tickers to prevent pump & dump spam and scammers.
[KINS Technology Group Inc. Announces Execution of Merger Agreement to Acquire Leading Workplace Experience Platform Business](https://www.globenewswire.com/news-release/2022/09/26/2522664/0/en/KINS-Technology-Group-Inc-Announces-Execution-of-Merger-Agreement-to-Acquire-Leading-Workplace-Experience-Platform-Business.html) \- KINZ KINZW
[KINS Technology Group Schedules Shareholder Meeting on June 10, 2022 to Vote to Extend from June 17, 2022 to December 16, 2022](https://www.sec.gov/Archives/edgar/data/1820875/000110465922061959/tm2214588-2_def14a.htm) \- KINZ KINZW "On April 22, 2022, we signed a non-binding letter of intent with a business combination target company (the “Target”). "
Thanks for the great info. I’ve been watching KINS for a while. Where did you see the information on the remaining foundry you say MX still owns? I only see where it says they sold a foundry