{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-008390","form_type":"8-K","ticker":"CXAI","cik":"0001820875","company_name":"CXApp Inc.","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.610662+00:00","generated_at":"2026-05-17T02:33:12.047112+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CXApp enters $5M Pre-Paid Purchase #3 with Avondale Capital; potential 34.4M share dilution if converted at floor","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-008390","json":"https://secwatch.observer/filing/0001829126-25-008390.json","markdown":"https://secwatch.observer/filing/0001829126-25-008390.md","text":"https://secwatch.observer/filing/0001829126-25-008390.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820875/000182912625008390/0001829126-25-008390-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820875/000182912625008390/cxapp_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:33:12.047112+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":[{"claim_id":"4ee2771079bc63df88165e25847acfa1bfb92c19","claim":"CXApp Inc. incurred loan of $5,250,000 with Avondale Capital, LLC at five percent per annum.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1820875/000182912625008390/0001829126-25-008390-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$5,250,000"},{"label":"Counterparty","value":"Avondale Capital, LLC"},{"label":"Rate","value":"five percent per annum"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}