other material
confidence high
sentiment negative
materiality 0.70
CXApp stockholders approve reverse stock split (up to 1:100) and private placement share issuance
CXApp Inc.
- Re-elected Khurram P. Sheikh and George Mathai as Class III directors with 90.29% and 89.77% of votes cast.
- Approved issuance of shares in private placements exceeding 20% of outstanding stock (77.58% for).
- Authorized reverse stock split between 1:5 and 1:100 to maintain Nasdaq listing (64.58% for).
- Advisory say-on-pay approved (83.90% for); frequency set to one year (90.98% for).
- Ratified WithumSmith+Brown as auditor for FY2026 with 90.00% of votes for.