CXApp issues 12,267,843 shares to Avondale Capital at about $0.13 each under private placement
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- CXApp issued 12,267,843 common shares to Avondale Capital in an unregistered sale under a Pre-Paid Purchase #3 dated Oct. 17, 2025.
- Shares were issued from June 1-3, 2026 at about $0.13 each, implying proceeds of roughly $1.55 million.
- Sale relied on Securities Act Section 4(a)(2) exemption for transactions not involving a public offering.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CXApp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-006014), on June 03, 2026, and is solely responsible for the information contained therein.
