{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-002296","form_type":"8-K","ticker":"CXAI","cik":"0001820875","company_name":"CXApp Inc.","filed_at":"2025-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.920142+00:00","generated_at":"2026-05-24T01:04:10.702885+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CXApp enters $20M prepaid equity facility with Avondale; initial $4.2M draw nets $4M","bullets":["Initial Pre-Paid Purchase of $4.2M includes $200K OID and $10K expenses; net proceeds $4M.","80,000 Commitment Shares issued to Avondale at closing.","Additional draws up to $20M total, subject to Nasdaq exchange cap and shareholder approval.","Purchase share price is lower of 120% of Nasdaq Minimum Price or 91% of lowest 10-day VWAP, with 20% floor.","Proceeds for working capital; potential substantial dilution to existing shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-002296","json":"https://secwatch.observer/filing/0001829126-25-002296.json","markdown":"https://secwatch.observer/filing/0001829126-25-002296.md","text":"https://secwatch.observer/filing/0001829126-25-002296.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820875/000182912625002296/0001829126-25-002296-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820875/000182912625002296/cxapp_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T01:04:10.702885+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}