Corporate ActionJun 3, 2026, 04:37 PM

CXApp Issues 12.27M Shares to Avondale Capital at ~$0.126/Share

AI Summary

CXApp Inc. issued 12,267,843 shares of common stock to Avondale Capital, LLC between June 1 and June 3, 2026. The shares were issued at a price ranging from $0.126216 to $0.126217 per share under a pre-paid purchase agreement. This unregistered sale was conducted in reliance on Section 4(a)(2) of the Securities Act of 1933.

Key Highlights

CXApp Inc. issued 12,267,843 shares of common stock.
Shares were issued to Avondale Capital, LLC.
Issuance occurred between June 1, 2026, and June 3, 2026.
Price per share ranged from $0.126216 to $0.126217.
The sale was unregistered, relying on Section 4(a)(2) of the Securities Act.

View SEC Filing

CXAI

EDP Services

CXApp Inc.

Price Impact