Company: CXAI
Filing Date: 2025-05-23
Form Type: 424B3
Source: 0001829126-25-003922
Chunk: 34

Company: CXApp Inc.
Filing Date: 2025-05-23
Form: 424B3
Chunk 34
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 of the Company’s common stock on the date of grant.

In January 2024, a total of 47,000 restricted stock units of the Company’s common stock were granted to employees of the Company under the Incentive Plan at various dates.

On August 29, 2024, a total of 473,935 restricted stock units of the Company’s common stock were granted to directors of the Company under the 2023 Equity Incentive Plan.

The fair value of the common stock as of the various grant dates was determined to be $1.25 to $2.11 per restricted stock unit, for a weighted average fair value of $1.33 per restricted stock unit. There was no other activity related to restricted stock units for the three months ended March 31, 2025.

The following summarizes our RSUs transaction activity for the three months ended March 31, 2025 and year ended December 31, 2024:

| Schedule of RSUs transaction        |     | Shares |         |   |     | Weighted Average 
 Grant Date       
 Fair Value       |      |
|:------------------------------------|:----|:-------|--------:|:--|:----|:-----------------|-----:|
| RSUs outstanding at January 1, 2025 |     |        | 688,935 |   |     | $                | 2.22 |
| Granted                             |     |        |       - |   |     |                  |    - |
| Exercised                           |     |        | (11,500 | ) |     | $                | 1.33 |
| Forfeited                           |     |        |       - |   |     |                  |      |
| RSUs outstanding at March 31, 2025  |     |        | 677,435 |   |     |                  |      |

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|                                      |     | Shares |          |   |     | Weighted Average 
 Grant Date       
 Fair Value       |      |
|:-------------------------------------|:----|:-------|---------:|:--|:----|:-----------------|-----:|
| RSU outstanding at January 1, 2024   |     |        |  486,165 |   |     | $                | 7.80 |
| Granted                              |     |        |  520,935 |   |     | $                | 2.04 |
| Ex