---
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"
generated_at: "2026-05-17T02:33:12.047112+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CXApp enters $5M Pre-Paid Purchase #3 with Avondale Capital; potential 34.4M share dilution if converted at floor

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-008390
- JSON: https://secwatch.observer/filing/0001829126-25-008390.json
- Plain text: https://secwatch.observer/filing/0001829126-25-008390.txt

## Key facts
- Debt Financings
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1820875/000182912625008390/0001829126-25-008390-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.