other material
confidence high
sentiment negative
materiality 0.70
CXApp issues 26.7M shares to Avondale Capital in unregistered sale at ~$0.13/share
CXApp Inc.
- Issued 26,729,531 shares of common stock to Avondale Capital under Pre-Paid Purchase #3 dated Oct 17, 2025.
- Shares issued between May 15–27, 2026 at prices ranging from $0.126216 to $0.135317 per share.
- Sale relied on Section 4(a)(2) exemption for transactions not involving a public offering.
- Issuance significantly dilutes existing shareholders; company raised capital at low per-share price.