CXApp Inc. announced that its Board of Directors has approved a 1-for-50 reverse stock split of its issued and outstanding common stock. The reverse stock split is expected to become effective at 12:01 a.m. Eastern Time on August 18, 2026, with the common stock expected to begin trading on a split-adjusted basis when the Nasdaq Capital Market opens that day under the existing symbol CXAI and a new CUSIP number, 23248B 307. The principal objective is to increase the per-share market price and support the company's efforts to regain compliance with Nasdaq's minimum bid-price requirement. Based on approximately 116,870,315 shares outstanding immediately before the split, approximately 2,337,407 shares are expected to be outstanding immediately following the split, subject to the treatment of fractional shares. Stockholders authorized the Board at its discretion to approve a reverse stock split at a ratio between 1-for-5 and 1-for-100 at the Annual Meeting of Stockholders held on June 16, 2026, and the Board subsequently approved the definitive ratio of 1-for-50.
CXApp Inc.Reverse stock split to boost share price and regain Nasdaq compliance; no direct operational impact.
