Company: CXAI
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001829126-25-009079
Chunk: 47

Company: CXApp Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 47
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 other general corporate purposes.

On October 17, 2025, the Company received net cash proceeds of $5,000thousand from the second tranche of the Pre-Paid Purchase Agreement with Avondale, as per the SPA entered into on, October 17, 2025. The third tranche was structured with a principal amount of $5,250thousand, less a $250thousand OID, resulting in the net cash proceeds mentioned above.

Following the quarter ended September 30, 2025,
the Company converted a portion of its outstanding Avondale Prepaid Purchase #1 Convertible Notes into Class A common stock. These conversions
were part of the Company’s ongoing efforts to reduce debt and strengthen its equity structure.

As the transactions occurred after the reporting
date, they are classified as non-recognized subsequent events. In total, the Company issued approximately 1,583,633 shares of Class A
common stock in connection with these conversions.

This filing does not reflect conditions existing as of the reporting date and is therefore classified as a non-recognized subsequent event. The Company will evaluate and disclose any material issuances under this registration in future reporting periods, as applicable.

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Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

You should read the following discussion of our financial condition and results of operations in conjunction with the unaudited condensed consolidated financial statements and related notes included elsewhere in this Form 10-Q, with the audited consolidated financial statements and notes thereto included in our Annual Report on 10-K filed with the Securities and Exchange Commission (“SEC”) on April 7, 2025 (the “Annual Report”). References in this report (the “Quarterly Report”) to “we”, “us” or the “Company” refer to CXApp Inc. References to our “management” or our “management team” refer to our officers and directors. The following management’s discussion and analysis of financial condition and results of operations describes the principal factors affecting the results of our operations, financial condition, and changes in financial condition for the three months ended September 30, 2025.

Special Note Regarding Forward-Looking Statements

This Quarterly Report includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All