Company: CXAI
Filing Date: 2025-11-12
Form Type: 424B3
Source: 0001829126-25-009079
Chunk: 7

Company: CXApp Inc.
Filing Date: 2025-11-12
Form: 424B3
Chunk 7
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 for shares of its common
stock. The initial Pre-Paid Purchase, in the principal amount of $4,200 thousand, closed on April 8, 2025, with the Company received net
proceeds of approximately $3,990 thousand. A second tranche was received on August 7, 2025, with a principal amount of $3,150 thousand
and net proceeds of approximately $3,000 thousand. As of September 30, 2025, approximately $12,650 thousand remained available under this
agreement.

Additionally, under the SPA with Streeterville Capital, LLC, entered into on May 22, 2024, the Company had access to up to $10,000 thousand in funding. As of September 30, 2025, the Company had $3,520 thousand in remaining available funding under this agreement.

On August 11, 2025, the Company filed a shelf
registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”), authorizing the future offering and
sale of up to $150,000 thousand of various securities. Concurrently, the Company filed a prospectus supplement allowing for the issuance
of up to $7,959 thousand of common stock under this registration. This amount is included within the total aggregate offering authorized.

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The Company believes that these financing efforts
can mitigate any going concern indicators for a period of at least one year from the date these unaudited condensed consolidated financial
statements are issued. The ability of the Company to continue as a going concern is dependent upon the Company’s ability to further implement
its business plan. The accompanying unaudited condensed consolidated financial statements have been prepared on a going concern basis,
which contemplates the realization of assets and satisfaction of liabilities in the ordinary course of business.

Management remains focused on executing cost
management strategies to optimize the Company’s expense structure and enhance operational efficiency. The Company is committed to expanding
its customer base, introducing monetizable features, and driving recurring revenue growth in next 12 months. By leveraging its current
cash position, financing agreements, and strategic initiatives, management is confident in CXAI’s ability to meet its obligations and
support its operations for at least the next 12 months. While there are no guarantees, the Company’s robust financing pipeline and operational
strategies provide a solid foundation for long-term financial stability.

Use of Estimates

The preparation of condensed consolidated financial statements in conformity with generally accepted accounting principles