Company: CXAI
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001829126-25-009079
Chunk: 39

Company: CXApp Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 39
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 original issue discount of $125
thousand and Streeterville’s transaction cost of $20 thousand. On June 3, 2024, the Company received the net proceeds. As of
September 30, 2025 and December 31, 2024, Pre-Paid Purchase #1 is recorded at fair value of $0 and $543 thousand respectively and is within
convertible debt on the accompanying condensed consolidated balance sheets. For the three and nine months ended September 30, 2025, the
Company recognized an unrealized loss on change in fair value of Pre-Paid Purchase #1 of $0 and $52 thousand, respectively.

On September 30, 2024, the Company issued an
unsecured convertible Pre-Paid Purchase #2 to the Lender, pursuant to the SPA. 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 thousand.
On September 30, 2024, the Company received the net proceeds from the Lender. As of September 30, 2025 and December 31, 2024, Pre-Paid
Purchase #2 is recorded at fair value of $0 and $1,028 thousand respectively and is within convertible debt on the accompanying condensed
consolidated balance sheets. For the three and nine months ended September 30, 2025, the Company recognized an unrealized loss on change
in fair value of Pre-Paid Purchase #1 of $0 and $55 thousand, respectively.

On December 9, 2024, the Company issued an unsecured convertible Pre-Paid Purchase #3 to Streeterville, pursuant to the SPA. The convertible Pre-Paid Purchase #3 has the original principal amount of $3,150 thousand and Streeterville gave consideration of $3,000 thousand, reflecting original issue discount of $150 thousand. On December 9, 2024, the Company received the net proceeds from Streeterville.

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The convertible Pre-Paid Purchase #3 accrues
interest on the outstanding balance at 5% per annum. Streeterville may redeem all or any part of the outstanding balance of the
convertible Pre-Paid Purchase #3, 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