other material
confidence high
sentiment negative
materiality 0.75
CXApp issues 12.3M shares to Avondale Capital at ~$0.126 per share, diluting existing holders
CXApp Inc.
- Issued 12,267,843 common shares to Avondale Capital under Pre-Paid Purchase #3 dated Oct 17, 2025.
- Shares issued between June 1–3, 2026 at prices ranging from $0.126216 to $0.126217 each.
- Exempt from registration under Section 4(a)(2) of the Securities Act; no public offering.
- Significant dilution: over 12M new shares from a prior private placement agreement.