Company: CXAI
Filing Date: 2025-03-07
Form Type: 424B3
Source: 0001829126-25-001566
Chunk: 43

Company: CXApp Inc.
Filing Date: 2025-03-07
Form: 424B3
Chunk 43
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|                              |                                     |     | $ | 3,539 |

On May 22, 2024, the Company entered into a
Securities Purchase Agreement which the Lender desires to purchase up to $10,000 thousand shares of the Company’s Common Stock,
pursuant to which the Company issued an unsecured convertible Pre-Paid Purchase #1 to Streeterville Capital, LLC
(“Lender”). The convertible Pre-Paid Purchase #1 has the original principal amount of $2,625
thousand and Lender gave consideration of $2,480
thousand, reflecting original issue discount of $125
thousand and Lender’s transaction cost of $20
thousand.

The convertible Pre-Paid Purchase #1 accrues
interest on the outstanding balance at 5% per annum. The Lender may redeem all or any part of the outstanding balance of the
convertible Pre-Paid Purchase #1, at any time following earlier of six months from the purchase price date and the effectiveness of
the Initial Registration Statement by providing a written notice, in cash or converting into shares of the Company’s common
stock at a price equal to the lower of (a) Fixed Price of $3.996 and (b) Market Price which is 91% multiplied by the lowest daily
volume weighted average price (“VWAP”) during the ten (10) consecutive trading days immediately prior to the written
notice date, but in any event not lower than the Floor Price of $0.666, subject to certain adjustments and ownership limitations
specified in the convertible Pre-Paid Purchase.

On June 3, 2024, the Company received the net
proceeds from the Lender. For the period ended September 30, 2024, amortization of debt discount and transaction cost of approximately
$16 thousand was recorded on the condensed consolidated statements of operations.

<div align='center'>27

CXAPP INC. AND SUBSIDIARIES
NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

On September 30, 2024, the Company issued an unsecured
convertible Pre-Paid Purchase #2 to Streeterville Capital, LLC (“Lender”), pursuant to the Securities Purchase Agreement.
The convertible Pre-Paid Purchase #2 has the original principal amount of $1,050 thousand and Lender gave consideration of $1,000 thousand,
reflecting original issue discount of $50