$CXAI·8-K

CXApp Inc. · Mar 26, 5:28 PM ET

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CXApp Inc. 8-K

Research Summary

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CXApp Inc. Issues 10.03M Shares to Avondale in Private Placement

What Happened
CXApp Inc. announced that it issued an aggregate of 10,028,891 shares of common stock to Avondale Capital, LLC under two prepaid purchases entered into under a Securities Purchase Agreement dated March 26, 2025. The shares were issued on six dates in 2026: February 17, February 23, March 2, March 13, March 19, and March 23.

Key Details

  • Total shares issued: 10,028,891 common shares to Avondale Capital, LLC.
  • Agreements: Issuances were pursuant to Pre-Paid Purchase #1 (dated March 26, 2025) and Pre-Paid Purchase #2 (dated August 7, 2025) under the Securities Purchase Agreement dated March 26, 2025.
  • Issuance dates and per-share prices:
    • Feb 17, 2026: $0.199381 per share
    • Feb 23, 2026: $0.184300 per share
    • Mar 2, 2026: $0.163163 per share
    • Mar 13, 2026: $0.156793 per share
    • Mar 19, 2026: $0.156793 per share
    • Mar 23, 2026: $0.166075 per share
  • Sale type: Shares were issued in reliance on Section 4(a)(2) of the Securities Act (unregistered private transaction).

Why It Matters
This filing documents a private financing transaction that increases CXApp’s outstanding shares and reflects capital-raising activity with a single investor, Avondale Capital. For retail investors, the key takeaways are the size of the issuance (10.03 million shares), the range of prices received, and that the transaction was a non‑public placement under Section 4(a)(2), which can affect shareholder dilution and trading dynamics. The company also included standard forward‑looking disclaimers in the filing.

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