secwatch.observer — SEC 8-K summary
======================================

Issuer:     CXApp Inc. (CXAI)
CIK:        0001820875
Form:       8-K
Filed at:   2026-06-03T20:30:39+00:00
Accession:  0001829126-26-006013
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.01, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

CXAI acquires EngineRoom for $4.6M; annual revenue run-rate to exceed $12M
--------------------------------------------------------------------------

- Purchase price ~$4.6M: $2.99M cash, $1.15M earnout, $0.46M escrow; 100% of equity acquired.
- EngineRoom expected to generate ~$8.1M annual revenue (94% recurring) and ~$1.6M adj. EBITDA.
- Transaction expected to increase CXAI annualized revenue run-rate from ~$4M to >$12M.
- Founder Adam Laurie to remain as General Manager of CXAI EngineRoom for at least 3 years.
- Acquisition accelerates Agentic AI commercialization and expands mid-market distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820875/000182912626006013/0001829126-26-006013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820875/000182912626006013/cxappinc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-26-006013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer