---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-23-004673"
form_type: "8-K"
ticker: "CXAI"
cik: "0001820875"
company_name: "CXApp Inc."
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:21:09.313160+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CXApp adds $5M cash from warrant exercises, adds 2 Fortune 200 customers, reduces warrants 15%

## Summary
- Issued 600,000 common shares in exchange for 2M public warrants, reducing outstanding warrants by over 15%.
- Net $5M cash added to balance sheet through exercise of ~435K warrants at $11.50 per share.
- Onboarded two new Fortune 200 financial services customers in the past month.
- Operating expenses cut by net 50% compared to pre-acquisition levels.
- AI/AR technology platform in beta with existing customers; launch targeted for Q4 2023.

## SEC filing metadata
- accession: 0001829126-23-004673
- form_type: 8-K
- ticker: CXAI
- cik: 0001820875
- company_name: CXApp Inc.
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820875/000182912623004673/0001829126-23-004673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820875/000182912623004673/cxappinc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-23-004673
- JSON: https://secwatch.observer/filing/0001829126-23-004673.json
- Plain text: https://secwatch.observer/filing/0001829126-23-004673.txt

## Key facts
- Material Agreements
  CXApp Inc. entered into Warrant Exchange Agreement with an unaffiliated third party investor (effective 2023-07-14).
  - Action: entry
  - Counterparty: an unaffiliated third party investor
  - Effective: 2023-07-14
  source text: On July 14, 2023, CXApp Inc. (the “Company”) entered into a Warrant Exchange Agreement (the “Agreement”) with an unaffiliated third party investor (the “Warrant Holder”) with respect to warrants to purchase an aggregate of 2,000,000 shares of its common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820875/000182912623004673/0001829126-23-004673-index.htm

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