secwatch.observer — SEC 8-K summary
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Issuer:     CXApp Inc. (CXAI)
CIK:        0001820875
Form:       8-K
Filed at:   2023-03-20T23:59:59+00:00
Accession:  0001104659-23-034553
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.01, 5.06, 3.03, 5.01, 5.02, 5.03, 5.05, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/0001104659-23-034553-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820875/000110465923034553/tm239336d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-034553

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer