$CXAI·8-K

CXApp Inc. · Apr 17, 5:07 PM ET

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CXApp Inc. 8-K

Research Summary

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Updated

CXApp Inc. Issues 7.3M Unregistered Shares to Avondale Capital

What Happened
CXApp Inc. (CXAI) announced that it issued an aggregate of 7,304,178 shares of its common stock to Avondale Capital, LLC under Pre‑Paid Purchase #2 (dated Aug 7, 2025) and Pre‑Paid Purchase #3 (dated Oct 17, 2025), each entered into pursuant to a Securities Purchase Agreement dated March 26, 2025. The company issued the shares on April 13, 2026, April 16, 2026 and April 17, 2026.

Key Details

  • Total shares issued: 7,304,178 common shares.
  • Issue dates: April 13, 2026; April 16, 2026; April 17, 2026.
  • Per‑share prices: $0.154427 (Apr 13) and $0.144872 (Apr 16 & 17).
  • Sale was a private placement relying on Section 4(a)(2) of the Securities Act (transactions not involving a public offering).

Why It Matters
This issuance increases CXApp’s outstanding common stock by 7,304,178 shares, which affects existing shareholders’ ownership percentages. The shares were issued privately to a single investor (Avondale) under previously executed prepaid purchase agreements; the filing also includes the company’s standard forward‑looking statements caution. Retail investors should note the dilution impact and the private nature of the financing disclosed in the Form 8‑K.

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