Company: CXAI
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001829126-25-002456
Chunk: 143

Company: CXApp Inc.
Filing Date: 2025-04-08
Form: 424B3
Chunk 143
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 during the year ended December 31, 2024 (Successor) were as follows:

| Schedule of assumptions used            |     |                 |     |            |
|                                         |     |            2024 |     |       2023 |
| Risk-free interest rate                 |     |   3.66% - 4.03% |     |      3.67% |
| Expected life of option grants          |     |  6 – 6.25 years |     | 5.75 years |
| Expected volatility of underlying stock |     | 65.17% - 65.97% |     |     61.65% |
| Dividends assumption                    |     |              $- |     |         $- |

Restricted Stock Units

The grant date fair value for Restricted Stock Units (RSU) are valued using the closing price of the Company’s common stock on the date of grant.

On 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.

<div align='center'>F-31</div>

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 $2.04 per restricted stock unit. There was no other activity related to restricted stock units for the year ended December 31, 2024.

The following summarizes our RSUs transaction activity for the year ended December 31, 2024:

| Schedule of RSUs transaction     |     | Shares |          |   |     | Weighted Average 
 Grant Date       
 Fair Value       |      |
|:---------------------------------|:----|:-------|---------:|:--|:----|:-----------------|-----:|
| Outstanding at January 1, 2024   |     |        |  486,165 |   |     | $                | 7.80 |
| Granted                          |     |        |  520,935 |   |     | $                | 2.04 |
| Vested                           |     |        | (318,165 | ) |     |