Cxapp Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Cxapp Inc. on September 3, 2026, regarding events occurring on September 2, 2026. The filing addresses the Company's status with The Nasdaq Stock Market LLC concerning the continued listing of its Class A Common Stock (trading symbol: CXAI) and Warrants (trading symbol: CXAIW).
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The report focuses exclusively on regulatory compliance regarding stock listing standards rather than operational financial performance.
Material Changes and Events
- Delisting Notice: On September 11, 2025, Nasdaq notified the Company of a failure to maintain a minimum closing bid price of $1.00 per share over 30 consecutive business days.
- Compliance Periods: The Company was granted an initial 180-day compliance period ending March 10, 2026, followed by an additional 180-day extension ending September 7, 2026.
- Reverse Stock Split: On August 18, 2026, the Company effected a 1-for-50 reverse stock split of its Class A Common Stock.
- Regained Compliance: Nasdaq confirmed on September 2, 2026, that the Company's closing bid price remained at or above $1.00 per share for the 10 consecutive business days from August 19, 2026, through September 1, 2026.
Outlook, Risks, and Management Commentary
Management has successfully resolved the immediate risk of delisting due to low bid price. The matter regarding Listing Rule 5550(a)(2) is now closed. The filing includes a press release (Exhibit 99.2) announcing this regained compliance. No forward-looking guidance or discussion of other material risks is contained within this specific document.
Investor Verification Checklist
- Verify the post-split share count and adjusted trading price of CXAI on Nasdaq.
- Confirm the Company maintains the $1.00 minimum bid price in the period following this filing to avoid future compliance notices.
- Review the press release (Exhibit 99.2) for any additional operational context regarding the reverse stock split.
- Check subsequent filings for any other Nasdaq listing deficiencies (e.g., market value of publicly held shares or stockholders' equity) that may not be addressed by the reverse split.