CXApp Inc.
0.6880-0.05 (-6.16%)
Oct 29, 4:00:01 PM EDT · NasdaqCM · CXAI · USD
Key Stats
Market Cap
17.21MP/E (TTM)
-Basic EPS (TTM)
-0.77Dividend Yield
0%Recent Filings
8-K
CXApp inks $5M prepaid deal
CXApp Inc. secured $5 million upfront from Avondale Capital via Pre-Paid Purchase #3 on October 17, 2025, committing to repay $5.25 million plus 5% annual interest. Avondale can opt for up to 34.4 million common shares at a price capped at $0.9142 but floored at $0.1524. This infusion bolsters liquidity, yet dilution looms if shares convert amid low prices. Forward-looking risks include market volatility and default triggers.
8-K
Nasdaq bid price deficiency notice
CXApp Inc. received a Nasdaq notice on September 11, 2025, for failing to maintain a $1.00 minimum bid price for its common stock over 30 consecutive business days, violating Listing Rule 5550(a)(2). The company has 180 days until March 10, 2026, to achieve compliance by hitting $1.00 for ten straight trading days. No immediate delisting occurs, but failure could lead to a second 180-day period if other standards are met. CXApp will monitor and explore options, yet success remains uncertain.
10-Q
Q2 FY2025 results
CXApp's Q2 FY2025 revenue dipped 31% y/y to $1.2M, yet gross margin climbed to 86% from 80% as the firm pivoted to high-margin SaaS subscriptions, now 96% of the mix. Operating loss widened slightly to $4.1M from $3.7M, driven by R&D investments in AI enhancements, while net loss narrowed to $3.1M from $5.3M thanks to a $0.9M gain on warrant liability fair value changes. Cash held steady at $4.9M, bolstered by $4.0M from convertible debt issuance, with $7.5M total debt and $19.3M available in financing facilities. No free cash flow disclosed in the 10-Q. Post-quarter, CXApp drew $3.0M more from Avondale and filed a $150M shelf registration. Competition in the hybrid workplace tech space remains fierce.
8-K
ATM offering agreement signed
CXApp Inc. signed an at-the-market offering agreement with Maxim Group LLC on August 8, 2025, enabling sales of up to $7,959,040 in common stock for working capital and general purposes. The deal pays Maxim a 3.0% commission, with no minimum sales required and flexible termination options. Waivers from Streeterville and Avondale cleared the path for this new S-3 registration. Sales hinge on SEC effectiveness.
8-K
Validates 2023 charter filing error
CXApp Inc. filed a Certificate of Validation on August 4, 2025, to retroactively fix a 2023 clerical error that left its Second Amended and Restated Certificate of Incorporation unfiled with Delaware, despite stockholder approval. This move, under DGCL Section 204, deems the charter effective from March 14, 2023, validating all subsequent actions like Class C common stock issuances that might otherwise be voidable. No impact on operations. Approval by Delaware isn't guaranteed.