---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-153170"
form_type: "8-K"
ticker: "CXAI"
cik: "0001820875"
company_name: "CXApp Inc."
filed_at: "2021-12-23T23:59:59+00:00"
generated_at: "2026-06-27T22:40:26.168503+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KINS Technology restates prior financial statements on public share classification error

## Summary
- Audit committee concluded previously issued financials for FY2020, Q1 2021, Q2 2021 should no longer be relied upon.
- Error: Public Shares were classified as permanent equity but should be temporary equity under ASC 480-10-S99-3A.
- Cash position and trust account balance not affected by the reclassification.
- Company identified a material weakness in internal control over financial reporting; disclosure controls ineffective.
- Company will file amendments to restate financials for affected periods.

## SEC filing metadata
- accession: 0001104659-21-153170
- form_type: 8-K
- ticker: CXAI
- cik: 0001820875
- company_name: CXApp Inc.
- filed_at: 2021-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820875/000110465921153170/0001104659-21-153170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820875/000110465921153170/tm2136185d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-153170
- JSON: https://secwatch.observer/filing/0001104659-21-153170.json
- Plain text: https://secwatch.observer/filing/0001104659-21-153170.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.