CXApp Inc. has announced the entry into a material definitive agreement with Maxim Group LLC for an At The Market $(ATM.UK)$ Offering Agreement, allowing the company to offer and sell shares of its Class A common stock valued up to approximately $7.96 million. The shares will be issued in accordance with a shelf registration statement filed with the Securities and Exchange Commission on August 8, 2025. Maxim will act as the sales agent and/or principal, and in return, will receive a 3% cash commission on the gross proceeds from the sales. The agreement can be terminated by either party with appropriate notice, and the sales will be conducted in compliance with Rule 415(a)(4) under the Securities Act of 1933. The registration statement has been filed but is not yet effective, thus sales of the shares cannot commence until it becomes effective.
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: 0001829126-25-006023), on August 11, 2025, and is solely responsible for the information contained therein.
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