other_material
confidence high
sentiment neutral
materiality 0.60
CXApp enters ATM equity facility for up to $7.96M with Maxim Group
CXApp Inc.
- ATM agreement with Maxim Group for up to $7,959,040 of common stock; 3% cash commission to Maxim.
- Proceeds will be used for working capital and general corporate purposes; no minimum offering required.
- Registration statement on Form S-3 filed Aug 8, 2025, not yet effective; sales contingent on effectiveness.
- Obtained waiver from Streeterville and Avondale to file registration despite their registration rights.
- Avondale consented to withdrawal of prior S-1 (File 333-287170) covering its resale shares.
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