Gaxos.ai raises ~$3.6M via warrant exercise; issues new warrants at $0.95

GAXOS.AI INC.

Existing warrants for 3,007,654 shares exercised at reduced $1.20 (original $2.33-$3.32); gross proceeds ~$3.6M.
Company issues new warrants to buy up to 6,015,308 shares at $0.95, 3-year term; closing expected Aug 17, 2026.
H.C. Wainwright acts as placement agent; fees 7% cash + 1% management, plus expenses; agent warrants for 150,383 shares at $1.50.
Proceeds for working capital and general corporate purposes; resale registration statement to be filed within 30 days.

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