Company: CXAI
Filing Date: 2025-10-23
Form Type: 424B3
Source: 0001829126-25-008391
Chunk: 3

Company: CXApp Inc.
Filing Date: 2025-10-23
Form: 424B3
Chunk 3
---
 not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

Pre-Paid Purchase #3 with Avondale Capital, LLC

On October 17, 2025, CXApp
Inc. (the “Company”) entered into Pre-Paid Purchase #3 (the “Pre-Paid Purchase #3”) with Avondale Capital, LLC
(“Avondale”), pursuant to the Securities Purchase Agreement the Company entered into with Avondale on March 26, 2025 (the
“Purchase Agreement”).

Under the Pre-Paid Purchase
#3, Avondale paid the purchase price of $5,000,000 to the Company, and the Company promises to pay Avondale $5,250,000 and any interest,
fees, charges, and late fees accrued thereunder in accordance with the terms set forth therein, and to pay interest on the outstanding
balance at the rate of five percent per annum until the outstanding balance is paid in full. The Pre-Paid Purchase #3 carries an original
issue discount of $250,000.

Under the Purchase Agreement,
Avondale, at its option, may require the Company to issue shares of common stock (“Purchase Shares”), from time to time, in
satisfaction of all or part of the outstanding balance of the Pre-Paid Purchase #3. Under the Pre-Paid Purchase #3, if Avondale elects
to receive Purchase Shares, the Purchase Share purchase price will be determined as the lower of (i) $0.9142, or (ii) 91% of the lowest
daily volume weighted average price during the ten consecutive trading days immediately preceding the relevant purchase notice date, but
in any event not lower than $0.1524 (the “Floor Price”), which may be subject to change in the future to the extent permitted
by stock exchange rules in effect at the time of such change.

The Pre-Paid Purchase #3 is
unsecured and contains customary events of defaults, representations, warranties, and covenants.

This description is qualified
in its entirety by reference to the text of the Purchase Agreement, a copy of which was filed as Exhibit 10.1 to the Current Report on
Form 8-K filed on April 1, 2025, and the Pre-Paid Purchase #3