Company: CXAI
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001829126-25-001566
Chunk: 24

Company: CXApp Inc.
Filing Date: 2025-03-07
Form: 424B3
Chunk 24
---
 period from March 15, 2023 to September
30, 2023 (Successor).

| Schedule of antidilutive shares | (in thousands) |     | Three Months Ended 
      September 30, 
               2024 |     |     | Three Months Ended 
      September 30, 
               2023 |     |     | Nine Months Ended 
     September 30, 
              2024 |     |     |   Period from 
     March 15, 
          2023 
            to 
 September 30, 
          2023 |
|:--------------------------------|:---------------|:----|-------------------:|:----|:----|-------------------:|:----|:----|------------------:|:----|:----|--------------:|
| Stock options                   |                |     |              1,850 |     |     |                985 |     |     |             1,602 |     |     |           985 |
| Restricted stock units          |                |     |                699 |     |     |                821 |     |     |               514 |     |     |           821 |
| Warrants                        |                |     |             21,032 |     |     |             21,032 |     |     |            21,032 |     |     |        21,032 |
| Total                           |                |     |             23,581 |     |     |             22,838 |     |     |            23,148 |     |     |        22,838 |

Fair Value Measurements

FASB ASC 820, “Fair Value Measurements” (“ASC 820”), provides guidance on the development and disclosure of fair value measurements. The Company follows this authoritative guidance for fair value measurements, which defines fair value, establishes a framework for measuring fair value under generally accepted accounting principles in the United States, and expands disclosures about fair value measurements. The guidance requires fair value measurements be classified and disclosed in one of the following three categories:

| ● | Level 1: Quoted prices (unadjusted) in active markets that are accessible at the measurement date for identical assets or liabilities. |

| ● | Level 2: Observable prices that are based on inputs not quoted on active markets but corroborated by market data. |

| ● | Level 3: Unobservable inputs which are supported by little or no market activity and values determined using pricing models, discounted cash flow methodologies