GAXOS.AI INC. 8-K

What Happened
Gaxos.ai Inc. (GXAI) announced on February 4, 2026 that it increased the maximum aggregate offering price of common stock issuable under its At The Market (ATM) Sales Agreement with H.C. Wainwright & Co., LLC by up to an additional $2,600,000. The Sales Agreement was dated January 23, 2026. The company also filed a prospectus supplement related to the offering and included a legal opinion from Sheppard Mullin Richter & Hampton, LLP.

Key Details

• The increase is for up to an additional $2,600,000 of common stock under the ATM program.
• This additional capacity is separate from the approximately $3,000,000 of common stock already sold under the Sales Agreement to date.
• Sales agent: H.C. Wainwright & Co., LLC (Sales Agreement dated January 23, 2026).
• Legal opinion covering the additional shares was filed as Exhibit 5.1 to the 8-K.

Why It Matters
This filing expands Gaxos.ai’s ability to raise capital quickly by selling shares into the market (an ATM facility). For investors, that means the company has more flexibility to obtain funding without a traditional primary offering, but it also increases the potential for share dilution as more common stock may be issued. The filing does not specify use of proceeds.