---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-110717"
form_type: "8-K"
ticker: "GXAI"
cik: "0001895618"
company_name: "GAXOS.AI INC."
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:33:02.640984+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gaxos.ai raises $5M via registered direct offering and warrant private placement

## Summary
- Sold 1,449,277 common shares at $3.45/share; gross proceeds ~$5M, net ~$4.4M.
- Concurrent private placement of warrants to buy 1,449,277 shares at $3.32, exercisable for 3 years.
- Offering priced at-the-market under Nasdaq rules; closing expected Dec 20, 2024.
- Net proceeds to be used for working capital and general corporate purposes.
- H.C. Wainwright acted as exclusive placement agent; fees include 7.5% cash fee plus warrants.

## SEC filing metadata
- accession: 0001213900-24-110717
- form_type: 8-K
- ticker: GXAI
- cik: 0001895618
- company_name: GAXOS.AI INC.
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895618/000121390024110717/0001213900-24-110717-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895618/000121390024110717/ea0225380-8k_gaxosai.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-110717
- JSON: https://secwatch.observer/filing/0001213900-24-110717.json
- Plain text: https://secwatch.observer/filing/0001213900-24-110717.txt

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