---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-034553"
form_type: "8-K"
ticker: "CXAI"
cik: "0001820875"
company_name: "CXApp Inc."
filed_at: "2023-03-20T23:59:59+00:00"
generated_at: "2026-06-17T23:08:20.178227+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CXApp completes SPAC merger; shares and warrants begin trading on Nasdaq under CXAI/CXAIW

## Summary
- Business combination closed March 14, 2023; KINS merged with Legacy CXApp after Separation and Distribution from Inpixon.
- Holders of 230,328 KINS Class A shares redeemed for ~$10.18 per share, total ~$2.34M.
- Post-closing shares: 8,582,699 Class A, 5,487,300 Class C, 13.8M public warrants, 10.28M private warrants.
- CXApp Class A and warrants started trading on Nasdaq Capital Market on March 15 under symbols CXAI and CXAIW.
- Company provides audited carve-out financials of Design Reactor for FY2022 and FY2021, and unaudited pro forma combos.

## SEC filing metadata
- accession: 0001104659-23-034553
- form_type: 8-K
- ticker: CXAI
- cik: 0001820875
- company_name: CXApp Inc.
- filed_at: 2023-03-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 5.06, 3.03, 5.01, 5.02, 5.03, 5.05, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/0001104659-23-034553-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/tm239336d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-034553
- JSON: https://secwatch.observer/filing/0001104659-23-034553.json
- Plain text: https://secwatch.observer/filing/0001104659-23-034553.txt

## Key facts
- Governance Changes
  CXApp Inc.: Board approved and adopted a new Code of Ethics and Business Conduct on March 14, 2023 (effective 2023-03-14).
  - Change: code of ethics
  - Effective: 2023-03-14
  source text: on March 14, 2023, the Board approved and adopted a new Code of Ethics and Business Conduct (the “Code”) applicable to all employees, officers and directors of CXApp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/0001104659-23-034553-index.htm
- Governance Changes
  CXApp Inc.: Board adopted new bylaws effective as of the Closing Date (Business Combination date).
  - Change: bylaw amendment
  source text: Prior to the Business Combination, the Board approved and adopted the Bylaws of CXApp (the “Bylaws”), which became effective as of the Closing Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/0001104659-23-034553-index.htm
- Governance Changes
  CXApp Inc.: Second amended and restated certificate of incorporation filed and became effective on March 14, 2023, incorporating amendments approved by stockholders (effective 2023-03-14).
  - Change: charter amendment
  - Effective: 2023-03-14
  source text: On March 14, 2023, the Company filed its second amended and restated certificate of incorporation (the “Charter”) with the Secretary of State of the State of Delaware.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/0001104659-23-034553-index.htm
- Governance Changes
  CXApp Inc.: Company ceased being a shell company as a result of the Business Combination.
  - Change: shell status
  source text: As a result of the Business Combination, the Company ceased being a shell company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/0001104659-23-034553-index.htm
- M&A Transactions
  CXApp Inc. underwent a change of control involving KINS Technology Group Inc. (closed 2023-03-14).
  - Action: change of control
  - Counterparty: KINS Technology Group Inc.
  - Closing: 2023-03-14
  source text: KINS entered into 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/0001104659-23-034553-index.htm

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