Company: CXAI
Filing Date: 2025-08-11
Form Type: S-3
Source: 0001829126-25-006018
Chunk: 54

Company: CXApp Inc.
Filing Date: 2025-08-11
Form: S-3
Chunk 54
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 per share represents the difference between the amount per share paid by purchasers
of common stock in this offering and the as adjusted net tangible book value per share of common stock immediately after giving effect
to this offering.

After giving effect to (i)
the issuance, pursuant to the Avondale Purchase Agreement, of 80,000 Commitment Shares to Avondale and the Initial Avondale Pre-Paid
Purchase in the initial principal amount of $4.20 million, less a $0.20 million original issue discount and $0.10 million in
transaction-related fees, resulting in net cash proceeds to the Company of $3.99 million, (ii) the issuance of 324,889 shares of
common stock to Streeterville in satisfaction of approximately $0.25 million of the outstanding balance of Pre-Paid Purchase #1,
which was issued by the Company to Streeterville on May 22, 2024 pursuant to the Streeterville Purchase Agreement, (iii) the
issuance of an aggregate of 1,230,489 shares of common stock to Streeterville in satisfaction of an aggregate of approximately $1.08
million of the outstanding balance of Pre-Paid Purchase #2, which was issued by the Company to Streeterville on September 30,
2024 pursuant to the Streeterville Purchase Agreement, (iv) the issuance of an aggregate of 1,994,072 shares of common stock to
Streeterville in satisfaction of an aggregate of $1.7 million of the outstanding balance of Pre-Paid Purchase #3, which was issued
by the Company to Streeterville on December 9, 2024 pursuant to the Streeterville Purchase Agreement, and (v) the issuance to
Avondale of Pre-Paid Purchase #2 in the initial principal amount of $3.15 million, less a $0.15 million original issue discount, resulting in net cash proceeds to the
Company of $3.0 million (collectively, the “pro forma adjustments”), our pro forma net tangible book value as of
March 31, 2025 would have been approximately ($4.8 million), or ($0.20) per share.

After giving further effect
to the sale by us of shares of our common stock in the aggregate gross amount of approximately $7,959,040 in this offering at an assumed
offering price of $0.9263 per share, the closing price of our common stock on the Nasdaq Capital Market on August 5,