secwatch.observer — SEC 8-K summary
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Issuer:     CXApp Inc. (CXAI)
CIK:        0001820875
Form:       8-K
Filed at:   2025-01-02T23:59:59+00:00
Accession:  0001829126-25-000001
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CXApp issues 1.21M shares in exchange for $2.03M note principal reduction
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- Issued 1,213,809 common shares to the holder of a promissory note dated December 15, 2023.
- Note principal reduced by approximately $2,027,500; shares priced between $1.57 and $1.83 each.
- Exchanges occurred from December 9 to December 26, 2024, under exemption Section 3(a)(9).
- Total shares outstanding as of December 26, 2024: 18,641,170.
- No commissions or additional consideration paid; transaction dilutes existing shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820875/000182912625000001/0001829126-25-000001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820875/000182912625000001/cxapp_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-000001

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer