CXApp Inc. (CXAI): M&A transaction — KINS Technology completes business combination with CXApp; to trade as CXAI on Nasdaq

On March 14, 2023 (the “Closing Date”), CXApp consummated the previously announced Business Combination pursuant to the Agreement and Plan of Merger (the “Merger Agreement”), dated as of September 25, 2022, by and among KINS, KINS Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of KINS (“Merger Sub”), Inpixon and Legacy CXApp. Pursuant to the Merger Agreement, a business combination between CXApp and Legacy CXApp was effected through the merger of Merger Sub with and into Legacy CXApp, with Legacy CXApp surviving as the surviving company and as a wholly-owned subsidiary of KINS (the “Merger” and, collectively with the other transactions described in the Merger Agreement, the “Business Combination”).