Company: CXAI
Filing Date: 2025-05-09
Form Type: S-1
Source: 0001829126-25-003532
Chunk: 2

Company: CXApp Inc.
Filing Date: 2025-05-09
Form: S-1
Chunk 2
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000 shares issued to Avondale Capital, LLC (“Avondale”) at the closing of its initial
pre-paid purchase and (ii) up to 18,420,000 shares issuable under the Securities Purchase Agreement, dated March 26, 2025 (the “Avondale
Purchase Agreement”), between CXApp and Avondale.

Under the Avondale Purchase Agreement, CXApp may issue and sell one
or more pre-paid purchases in the form substantially similar to the exhibit attached thereto (each, an “Avondale Pre-Paid Purchase”),
in an aggregate purchase amount of up to $20 million. Upon the terms and subject to the conditions of an Avondale Pre-Paid Purchase,
Avondale, at its sole discretion, has the right, but not the obligation, to take delivery of shares of common stock from the Company in
satisfaction of all or a portion of the outstanding balance of an Avondale Pre-Paid Purchase, up to 18,420,000 shares (the “Avondale
Purchase Shares”), but not exceeding the outstanding balance of such Avondale Pre-Paid Purchase. Any delivery of Avondale Purchase
Shares registered for resale hereunder will reduce the outstanding balance of the applicable Avondale Pre-Paid Purchase at a rate determined
by the timing of Avondale’s request and the trading price of our common stock. The number of shares of common stock that may actually
be issued to Avondale is subject to certain conditions and limitations, including the requirement that no issuance may cause Avondale
to beneficially own in excess of 19.99% of our outstanding common stock or otherwise violate Nasdaq Listing Rule 5635(d). With
respect to the Avondale Purchase Shares, Avondale is an underwriter within the meaning of Section 2(a)(11) of the Securities Act of 1933,
as amended.

We are not selling any shares of our common under this prospectus, and we will not receive any of the proceeds from the sale of shares of our common stock by the Selling Securityholders. We will bear all costs, expenses and fees in connection with the registration of the shares of common stock. The Selling Securityholders will bear all commissions and discounts, if any, attributable to their respective sales of the shares of common stock.

Trading of our common stock
and warrants began on The Nasdaq Capital Market (the “Nasdaq”) on March 15, 2023, under the