Highest-materiality recent filing
Gaxos.ai sells gaming assets to Game Foundry AI for $1.76M in stock; pivots to AI focus
Sold substantially all gaming assets (mobile games, Gaxos Gaming Lab) for 2.2M shares valued at $1.76M.
Gaxos.ai acquires 19.99% stake in America First Defense for $2.9M
Purchase price $2,900,000 for 19.99% membership interest in AFD; closing expected by March 5, 2026.
Gaxos.ai enters $3M ATM equity facility with H.C. Wainwright
At-the-market offering of up to $3,000,000 of common stock via H.C. Wainwright as sales agent.
Gaxos.ai raises $4M in registered direct offering at $3.00 per share
Gross proceeds of ~$4M from sale of 1,346,669 shares at $3.00 each; net proceeds ~$3.6M after fees.
Gaxos.ai raises $5M via registered direct offering and warrant private placement
Sold 1,449,277 common shares at $3.45/share; gross proceeds ~$5M, net ~$4.4M.
Gaxos.ai raises $3.24M via warrant exercise inducement; issues new warrants
Existing warrants for 1,256,734 shares exercised at reduced price of $2.58/share (original $5.50); gross proceeds $3.24M.
Gaxos.ai closes $3.5M private placement of common stock and warrants at $5.57/unit
Raised $3.5M gross by selling 628,367 common shares (or pre-funded warrants) plus Series A and B warrants.
Gaxos.ai receives Nasdaq delisting notice; trading suspension set for Jan 18, 2024 unless appeal
Nasdaq notified Gaxos.ai on Jan 9, 2024 that it failed to regain compliance with $1 minimum bid price rule.
NFT Gaming receives Nasdaq notice: bid price below $1.00 for 30 days; 180-day cure period
Notice from Nasdaq on July 10, 2023 for failure to meet minimum $1.00 bid price per Listing Rule 5550(a)(2).
NFT Gaming Company completes $7M IPO; CEO Mats gets salary $400K + options
Closed IPO of 1,686,747 shares at $4.15/share; gross proceeds ~$7M; common stock began trading Feb 15 on Nasdaq under symbol NFTG.
On March 3, 2025, Alex Kisin informed Gaxos.ai Inc. (the “Company”) that he will be resigning from the Company’s Board of Directors (the “Board”) as well as the Company’s audit committee, compensation committee and nominating and corporate governance committee effective immediately.
On March 3, 2025, the Company appointed Roman Feldman as a member of the Board to fill the vacancy created by Mr. Kisin’s resignation from the Board.
Max materiality 0.90 · Median 0.55 · Most common event other_material