CXApp Inc. Announces At-The-Market Offering Agreement with Maxim Group LLC for Up to $7.96 Million
Reuters
Aug 11
<a href="https://laohu8.com/S/CXAI">CXApp</a> Inc. Announces At-The-Market Offering Agreement with Maxim Group LLC for Up to $7.96 Million
CXApp Inc. has announced the entry into a material definitive agreement with Maxim Group LLC for an At The Market $(ATM.UK)$ Offering Agreement, allowing the company to offer and sell shares of its Class A common stock valued up to approximately $7.96 million. The shares will be issued in accordance with a shelf registration statement filed with the Securities and Exchange Commission on August 8, 2025. Maxim will act as the sales agent and/or principal, and in return, will receive a 3% cash commission on the gross proceeds from the sales. The agreement can be terminated by either party with appropriate notice, and the sales will be conducted in compliance with Rule 415(a)(4) under the Securities Act of 1933. The registration statement has been filed but is not yet effective, thus sales of the shares cannot commence until it becomes effective.
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