other
confidence high
sentiment negative
materiality 0.70
CXApp delays Q1 10-Q filing; Nasdaq non-compliance for late 2023 10-K continues
CXApp Inc.
- Failed to file Q1 2024 Form 10-Q by May 20 extension; delay due to audit related to business combination.
- Intends to file 2023 Form 10-K by May 23 before Q1 10-Q; Q1 earnings call rescheduled to May 23.
- Received Nasdaq notice Apr 18 for 2023 10-K delinquency; non-compliance may extend to Q1 filing.
- Stockholders cannot use Rule 144 for sales until SEC filings are current.
- Plans to submit compliance plan; Nasdaq may grant up to Oct 14, 2024 to regain compliance.