---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-113225"
form_type: "8-K"
ticker: "GXAI"
cik: "0001895618"
company_name: "GAXOS.AI INC."
filed_at: "2024-12-30T23:59:59+00:00"
generated_at: "2026-05-28T22:52:27.275101+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 $4M in registered direct offering at $3.00 per share

## Summary
- Gross proceeds of ~$4M from sale of 1,346,669 shares at $3.00 each; net proceeds ~$3.6M after fees.
- Concurrent private placement: 1,346,669 warrants at $3.00 exercise price, exercisable for 3 years.
- Annual meeting approves reduction in authorized shares from 50M to 25M and reincorporation to Nevada.
- H.C. Wainwright acts as placement agent, receiving 7.5% cash fee and 101,000 warrants at $3.75.
- Closing expected Dec 30, 2024; proceeds for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001213900-24-113225
- form_type: 8-K
- ticker: GXAI
- cik: 0001895618
- company_name: GAXOS.AI INC.
- filed_at: 2024-12-30T23:59:59+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, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895618/000121390024113225/0001213900-24-113225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895618/000121390024113225/ea0226143-8k_gaxosai.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-113225
- JSON: https://secwatch.observer/filing/0001213900-24-113225.json
- Plain text: https://secwatch.observer/filing/0001213900-24-113225.txt

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