CXApp Inc. Reports Officer/Director Changes, Compensation on Jan 3

TL;DR

**CXApp Inc. filed an 8-K about executive changes and pay on Jan 3, but details are missing.**

AI Summary

CXApp Inc. filed an 8-K on January 9, 2024, reporting events that occurred on January 3, 2024. This filing primarily concerns the departure or election of directors and officers, as well as compensatory arrangements for certain officers. While the filing indicates these events, it does not provide specific names, dollar amounts, or detailed changes, making it difficult to assess the direct impact. Investors should note that changes in leadership and compensation structures can signal shifts in company strategy or financial health, potentially affecting future stock performance.

Why It Matters

Changes in executive leadership and compensation can signal strategic shifts or financial adjustments within CXApp Inc., which could influence investor confidence and future company direction.

Risk Assessment

Risk Level: medium — The filing indicates significant corporate governance changes (officer/director departures/elections and compensation) but lacks specific details, creating uncertainty for investors.

Analyst Insight

A smart investor would monitor subsequent filings or company announcements for specific details regarding the changes in directors, officers, and compensation arrangements, as this filing lacks the necessary information to make an informed decision.

Key Players & Entities

• CXApp Inc. (company) — the registrant filing the 8-K
• January 9, 2024 (date) — date of the 8-K filing
• January 3, 2024 (date) — date of the earliest event reported in the 8-K
• 001-39642 (other) — Commission File Number for CXApp Inc.
• 85-2104918 (other) — I.R.S. Employer Identification No. for CXApp Inc.

FAQ

Key Financial Figures

• $0.0001 — e on which registered Common stock, $0.0001 par value per share CXAI The Nasdaq

Filing Documents

• cxappinc_8k.htm (8-K) — 35KB
• 0001829126-24-000103.txt ( ) — 251KB
• cxai-20240103.xsd (EX-101.SCH) — 4KB
• cxai-20240103_def.xml (EX-101.DEF) — 26KB
• cxai-20240103_lab.xml (EX-101.LAB) — 36KB
• cxai-20240103_pre.xml (EX-101.PRE) — 25KB
• cxappinc_8k_htm.xml (XML) — 5KB

02 Departure of Directors or Certain

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Departure of Chief Product Officer In connection with the realignment described below, on January 3, 2024, it was determined that Leon Papkoff, Chief Product Officer, will separate from CXApp Inc. (the "Company") effective January 4, 2024. The decision was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Papkoff's separation from employment will be treated per his employment agreement with the Company dated March 29, 2023. Item 8.01 Other Events. Company Realignment & Reorganization On January 3, 2024, the Company decided to streamline operations with a reorganization to drive efficiency using advanced technologies and a regional product and engineering support model. The Company is fully committed to all of its existing products and customers as well as its roadmap of AI based analytics and applications. As a result of this realignment, the Company expects operational efficiences in excess of 25% as well as enhanced customer experiences moving forward.

Forward-Looking Statements

Forward-Looking Statements This report includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The expectations, estimates, and projections of the Company may differ from its actual results and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," or the negative or other variations thereof and similar expressions are intended to identify such forward looking including projected financial information (which is not audited or reviewed by the Company's auditors), and the future plans, operations and opportunities for the Company and other statements that are not historical facts. These statements are based on the current expectations of the Company's management and are not predictions of actual performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Factors that may cause such differences include, but are not limited to: the impact of the COVID-19 pandemic on our business, operations, results of operations and financial condition, including liquidity for the foreseeable future; the demand for the Company's services together with the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors or changes in the business environment in which the Company operates; changes in consumer preferences or the market for the Company's services; changes in applicable laws or regulations; the availability or competition for opportunities for expansion of the Com

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibit is furnished with this Form 8-K: Exhibit No. Description of Exhibit 104 Cover Page Interactive Data File (embedded within the inline XBRL document) 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CXApp Inc. Date: January 9, 2024 By: /s/ Khurram P. Sheikh Name: Khurram P. Sheikh Title: Chairman and Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR