AGM/EGMMay 7, 2026, 04:13 PM
CXApp to Vote on Reverse Stock Split, Share Issuance at 2026 AGM
AI Summary
CXApp Inc. will hold its 2026 Annual Meeting of Stockholders virtually on June 16, 2026. Key proposals include the election of Khurram Sheikh and George Mathai as Class III directors, approval of a Nasdaq 20% rule share issuance, and authorization for a reverse stock split (1-for-5 to 1-for-100) to maintain Nasdaq listing. Stockholders will also vote on executive compensation, its frequency, and the ratification of WithumSmith+Brown, PC as the independent auditor for 2026.
Key Highlights
- 2026 Annual Meeting of Stockholders to be held virtually on June 16, 2026.
- Proposes election of Khurram Sheikh and George Mathai as Class III directors.
- Seeks approval for Nasdaq 20% Proposal for private placement share issuance.
- Authorizes Board for a reverse stock split (1-for-5 to 1-for-100 ratio).
- Reverse stock split aims to maintain listing on The Nasdaq Stock Market LLC.
- Includes non-binding advisory votes on executive compensation and its frequency.
- Proposes ratification of WithumSmith+Brown, PC as independent auditor for 2026.