CXApp Inc. (CXAI): debt financing — CXApp enters $5M Pre-Paid Purchase #3 with Avondale Capital; potential 34.4M share dilution if converted at floor

CXApp Inc.

Avondale pays $5M purchase price; principal $5.25M plus 5% annual interest, due upon conversion or maturity.
Avondale may convert outstanding balance into shares at lower of $0.9142 or 91% of 10-day VWAP, floor price $0.1524.
Maximum shares issuable at floor price: ~34.45M shares, representing significant potential dilution.
Also issued 1,583,633 shares to Avondale under Pre-Paid Purchase #1 at prices between $0.6481-$0.6739 per share in October 2025.
Issuance relies on Section 4(a)(2) exemption; unsecured obligation with standard default provisions.

item 1.01 item 2.03 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CXApp Inc. incurred loan of $5,250,000 with Avondale Capital, LLC at five percent per annum.

Instrument: loan
Principal: $5,250,000
Counterparty: Avondale Capital, LLC
Rate: five percent per annum
Event: incurrence

Exact text from the filing

ith Avondale Capital, LLC On October 17, 2025, CXApp Inc. (the “Company”) entered into Pre-Paid Purchase #3 (the “Pre-Paid Purchase #3”) with Avondale Capital, LLC

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304 debt financings filed in the last 30 days. Browse all debt financings →

CXApp Inc. filing history →

Source: SEC EDGAR

accession 0001829126-25-008390

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