{"success":true,"data":{"pressRelease":{"id":"177051","rtpr_id":"nACSbXVPNa-20261022","ticker":"CXAI","exchange":"NASDAQ","all_tickers":["CXAI"],"title":"CXAI Announces $1 Million Share Repurchase Program and Standstill Agreement with Financing Partner; Targets Positive Operating Cash Flow by Q3 2027","author":"ACCESSWIRE","published_at":"2026-10-22T12:30:00.417Z","article_body":"PALO ALTO, CA / ACCESS Newswire (https://www.accessnewswire.com/) / October\n22, 2026 / CXApp Inc. (Nasdaq:CXAI), (https://pr.report/skpk) an enterprise\nagentic AI platform company, today announced a series of strategic initiatives\ndesigned to strengthen its capital structure, enhance financial discipline and\nadvance its transformation into a financially sustainable, recurring-revenue\nAI business.\n\nThe initiatives include a share repurchase program of up to $1 million, a\nstandstill agreement with Avondale Capital, LLC, and a comprehensive AI-based\noperating efficiency program. Together, these initiatives are intended to\nstrengthen financial flexibility, support disciplined capital allocation and\naccelerate CXAI's progress toward its goal of achieving positive operating\ncash flow, which management is targeting by the third quarter of 2027.\n\nThese initiatives build on CXAI's expanded global operating platform following\nits acquisition of EngineRoom, resulting in a pro-forma annualized revenue\nrun-rate exceeding $12 million. Together with recent enterprise customer wins\nand continued innovation in agentic AI, this expansion provides a strong\nfoundation for scalable growth and improved operating leverage.\n\n\"CXAI has reached an important inflection point. We have expanded our global\noperating capabilities, established a broader recurring-revenue platform and\nstrengthened our enterprise AI technology and customer relationships.\n\n\"Our Board's authorization of a $1 million share repurchase program reflects\nour confidence in CXAI's long-term prospects and our commitment to disciplined\ncapital allocation. Combined with our operating efficiency initiatives and\nexpanding enterprise AI capabilities, we believe we have established a strong\nfoundation to drive sustainable financial performance and long-term\nshareholder value,\" said Khurram Sheikh (https://pr.report/skpl), Chairman and\nChief Executive Officer of CXAI.\n\n$1 Million Share Repurchase Program\n\nCXAI's Board of Directors has authorized a share repurchase program of up to\n$1 million of the Company's outstanding common stock.\n\nThe authorization provides management with flexibility to repurchase shares\nopportunistically when it determines that such purchases represent an\nattractive use of capital, taking into account the Company's financial\nposition, operating requirements and strategic priorities.\n\nThe program reflects the Board's confidence in CXAI's long-term business\nprospects and commitment to disciplined capital allocation.\n\nRepurchases may be made from time to time through open-market transactions or\nother legally permissible methods, subject to market conditions, applicable\nsecurities laws, the Company's financing arrangements and management\ndiscretion.\n\nAvondale Standstill Agreement\n\nCXAI has entered into a conditional 90-day standstill agreement with its\nfinancing partner Avondale Capital, LLC concerning its outstanding Pre-Paid\nPurchase financing instruments.\n\nUnder the agreement, Avondale has agreed to restrict specified purchase and\nconversion-related activity during the standstill period unless defined\nstock-price and trading-volume conditions are satisfied. If these stock-price\nand trading-volume conditions are satisfied, Avondale may resume purchases and\nconversions under the applicable instruments, which could result in the\nissuance of additional shares and dilution to existing stockholders.\n\nThe agreement is intended to provide greater predictability regarding\npotential future equity issuances and represents an important step toward\nstrengthening CXAI's capital structure, enhancing financial flexibility, and\nsupporting the Company's long-term growth strategy.\n\nTargeting Positive Operating Cash Flow by Q3 2027\n\nCXAI is implementing a comprehensive operating efficiency initiative focused\non leveraging AI-driven automation to streamline operations, optimize external\nexpenditures and improve operating leverage, while preserving and expanding\nthe revenue-generating capabilities of its global operations.\n\nThe Company intends to maintain disciplined investment in its enterprise AI\nplatform, customer deployments and commercial growth initiatives.\n\nManagement is targeting positive operating cash flow by the third quarter of\n2027. Achievement of this goal depends on a number of factors, including the\nCompany's ability to grow recurring revenue, realize anticipated cost\noptimization, and operational efficiencies, and continue commercial execution.\n\nBuilding on Strong Commercial and Product Momentum\n\nCXAI's recent milestones include more than $4 million in aggregate contracted\nvalue from announced global financial-services enterprise agreements, and the\nlaunch of Beat, its agentic AI solution for intelligent enterprise workflow\nautomation.\n\n\"CXAI is entering an exciting new phase of growth and execution,\" Sheikh\nconcluded.\n\n\"We have built a strong foundation through our technology, expanding customer\nrelationships and global capabilities. Now, our focus is on translating that\nmomentum into sustainable financial performance, with a clear target of\nachieving positive operating cash flow by Q3 2027. We believe we are well\npositioned to unlock the long-term potential of our enterprise AI platform and\ncreate lasting value for our shareholders.\"\n\nAbout CXAI\n\nCXApp Inc. (Nasdaq:CXAI) is an enterprise agentic AI platform company\ndeveloping intelligent software that connects people, places, workflows and\noperational data.\n\nThrough its CXAI 2.0 platform, the Company combines agentic AI, enterprise\nintegrations, spatial intelligence and operational analytics to improve\nproductivity, automate enterprise workflows and enable more intelligent\nenterprise operations.\n\nInvestor Relations: marketing@cxapp.com\n\nForward-Looking Statements\n\nThis press release includes \"forward-looking statements\" within the meaning of\nthe \"safe harbor\" provisions of the Private Securities Litigation Reform Act\nof 1995. The expectations, estimates, and projections of the Company may\ndiffer from its actual results and consequently, you should not rely on these\nforward-looking statements as predictions of future events. Words such as\n\"expect,\" \"estimate,\" \"project,\" \"budget,\" \"forecast,\" \"anticipate,\" \"intend,\"\n\"plan,\" \"may,\" \"will,\" \"could,\" \"should,\" \"believes,\" \"predicts,\" \"potential,\"\n\"continue,\" or the negative or other variations thereof and similar\nexpressions are intended to identify such forward looking statements. These\nforward-looking statements include, without limitation, expectations with\nrespect to future performance of the Company, including projected financial\ninformation (which is not audited or reviewed by the Company's auditors), and\nthe future plans, operations and opportunities for the Company and other\nstatements that are not historical facts. These statements are based on the\ncurrent expectations of the Company's management and are not predictions of\nactual performance. These forward-looking statements involve significant risks\nand uncertainties that could cause the actual results to differ materially\nfrom the expected results. Factors that may cause such differences include,\nbut are not limited to: the demand for the Company's services together with\nthe possibility that the Company may be adversely affected by other economic,\nbusiness, and/or competitive factors or changes in the business environment in\nwhich the Company operates; changes in consumer preferences or the market for\nthe Company's services; changes in applicable laws or regulations; the\navailability or competition for opportunities for expansion of the Company's\nbusiness; the Company's ability to achieve positive operating cash flow by the\nthird quarter of 2027 and realize anticipated cost savings; potential dilution\nresulting from Avondale's Pre-Paid Purchase financing instruments, including\nfollowing the expiration or termination of the standstill agreement; the\namount and timing of any share repurchases and the availability of funds to\neffect any such repurchases; difficulties of managing growth profitably; the\nloss of one or more members of the Company's management team; loss of a major\ncustomer and other risks and uncertainties included from time to time in the\nCompany's reports (including all amendments to those reports) filed with the\nSecurities and Exchange Commission. The Company cautions that the foregoing\nlist of factors is not exclusive. You should not place undue reliance upon any\nforward-looking statements, which speak only as of the date made. The Company\ndoes not undertake or accept any obligation or undertaking to release publicly\nany updates or revisions to any forward-looking statements to reflect any\nchange in its expectations or any change in events, conditions, or\ncircumstances on which any such statement is based, except as required by law.\nThese forward-looking statements should not be relied upon as representing the\nCompany's assessments as of any date subsequent to the date of this\ncommunication.\n\nSOURCE: CXApp Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/blockchain-and-cryptocurrency/cxai-announces-1-million-share-repurchase-program-and-standstill-agre-1239876)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSbXVPNa-20261022","title":"CXAI Announces $1 Million Share Repurchase Program and Standstill Agreement with Financing Partner; Targets Positive Operating Cash Flow by Q3 2027","author":"ACCESSWIRE","ticker":"CXAI","created":"2026-10-22T12:30:00.417Z","tickers":["CXAI"],"exchange":"NASDAQ","article_body":"PALO ALTO, CA / ACCESS Newswire (https://www.accessnewswire.com/) / October\n22, 2026 / CXApp Inc. (Nasdaq:CXAI), (https://pr.report/skpk) an enterprise\nagentic AI platform company, today announced a series of strategic initiatives\ndesigned to strengthen its capital structure, enhance financial discipline and\nadvance its transformation into a financially sustainable, recurring-revenue\nAI business.\n\nThe initiatives include a share repurchase program of up to $1 million, a\nstandstill agreement with Avondale Capital, LLC, and a comprehensive AI-based\noperating efficiency program. Together, these initiatives are intended to\nstrengthen financial flexibility, support disciplined capital allocation and\naccelerate CXAI's progress toward its goal of achieving positive operating\ncash flow, which management is targeting by the third quarter of 2027.\n\nThese initiatives build on CXAI's expanded global operating platform following\nits acquisition of EngineRoom, resulting in a pro-forma annualized revenue\nrun-rate exceeding $12 million. Together with recent enterprise customer wins\nand continued innovation in agentic AI, this expansion provides a strong\nfoundation for scalable growth and improved operating leverage.\n\n\"CXAI has reached an important inflection point. We have expanded our global\noperating capabilities, established a broader recurring-revenue platform and\nstrengthened our enterprise AI technology and customer relationships.\n\n\"Our Board's authorization of a $1 million share repurchase program reflects\nour confidence in CXAI's long-term prospects and our commitment to disciplined\ncapital allocation. Combined with our operating efficiency initiatives and\nexpanding enterprise AI capabilities, we believe we have established a strong\nfoundation to drive sustainable financial performance and long-term\nshareholder value,\" said Khurram Sheikh (https://pr.report/skpl), Chairman and\nChief Executive Officer of CXAI.\n\n$1 Million Share Repurchase Program\n\nCXAI's Board of Directors has authorized a share repurchase program of up to\n$1 million of the Company's outstanding common stock.\n\nThe authorization provides management with flexibility to repurchase shares\nopportunistically when it determines that such purchases represent an\nattractive use of capital, taking into account the Company's financial\nposition, operating requirements and strategic priorities.\n\nThe program reflects the Board's confidence in CXAI's long-term business\nprospects and commitment to disciplined capital allocation.\n\nRepurchases may be made from time to time through open-market transactions or\nother legally permissible methods, subject to market conditions, applicable\nsecurities laws, the Company's financing arrangements and management\ndiscretion.\n\nAvondale Standstill Agreement\n\nCXAI has entered into a conditional 90-day standstill agreement with its\nfinancing partner Avondale Capital, LLC concerning its outstanding Pre-Paid\nPurchase financing instruments.\n\nUnder the agreement, Avondale has agreed to restrict specified purchase and\nconversion-related activity during the standstill period unless defined\nstock-price and trading-volume conditions are satisfied. If these stock-price\nand trading-volume conditions are satisfied, Avondale may resume purchases and\nconversions under the applicable instruments, which could result in the\nissuance of additional shares and dilution to existing stockholders.\n\nThe agreement is intended to provide greater predictability regarding\npotential future equity issuances and represents an important step toward\nstrengthening CXAI's capital structure, enhancing financial flexibility, and\nsupporting the Company's long-term growth strategy.\n\nTargeting Positive Operating Cash Flow by Q3 2027\n\nCXAI is implementing a comprehensive operating efficiency initiative focused\non leveraging AI-driven automation to streamline operations, optimize external\nexpenditures and improve operating leverage, while preserving and expanding\nthe revenue-generating capabilities of its global operations.\n\nThe Company intends to maintain disciplined investment in its enterprise AI\nplatform, customer deployments and commercial growth initiatives.\n\nManagement is targeting positive operating cash flow by the third quarter of\n2027. Achievement of this goal depends on a number of factors, including the\nCompany's ability to grow recurring revenue, realize anticipated cost\noptimization, and operational efficiencies, and continue commercial execution.\n\nBuilding on Strong Commercial and Product Momentum\n\nCXAI's recent milestones include more than $4 million in aggregate contracted\nvalue from announced global financial-services enterprise agreements, and the\nlaunch of Beat, its agentic AI solution for intelligent enterprise workflow\nautomation.\n\n\"CXAI is entering an exciting new phase of growth and execution,\" Sheikh\nconcluded.\n\n\"We have built a strong foundation through our technology, expanding customer\nrelationships and global capabilities. Now, our focus is on translating that\nmomentum into sustainable financial performance, with a clear target of\nachieving positive operating cash flow by Q3 2027. We believe we are well\npositioned to unlock the long-term potential of our enterprise AI platform and\ncreate lasting value for our shareholders.\"\n\nAbout CXAI\n\nCXApp Inc. (Nasdaq:CXAI) is an enterprise agentic AI platform company\ndeveloping intelligent software that connects people, places, workflows and\noperational data.\n\nThrough its CXAI 2.0 platform, the Company combines agentic AI, enterprise\nintegrations, spatial intelligence and operational analytics to improve\nproductivity, automate enterprise workflows and enable more intelligent\nenterprise operations.\n\nInvestor Relations: marketing@cxapp.com\n\nForward-Looking Statements\n\nThis press release includes \"forward-looking statements\" within the meaning of\nthe \"safe harbor\" provisions of the Private Securities Litigation Reform Act\nof 1995. The expectations, estimates, and projections of the Company may\ndiffer from its actual results and consequently, you should not rely on these\nforward-looking statements as predictions of future events. Words such as\n\"expect,\" \"estimate,\" \"project,\" \"budget,\" \"forecast,\" \"anticipate,\" \"intend,\"\n\"plan,\" \"may,\" \"will,\" \"could,\" \"should,\" \"believes,\" \"predicts,\" \"potential,\"\n\"continue,\" or the negative or other variations thereof and similar\nexpressions are intended to identify such forward looking statements. These\nforward-looking statements include, without limitation, expectations with\nrespect to future performance of the Company, including projected financial\ninformation (which is not audited or reviewed by the Company's auditors), and\nthe future plans, operations and opportunities for the Company and other\nstatements that are not historical facts. These statements are based on the\ncurrent expectations of the Company's management and are not predictions of\nactual performance. These forward-looking statements involve significant risks\nand uncertainties that could cause the actual results to differ materially\nfrom the expected results. Factors that may cause such differences include,\nbut are not limited to: the demand for the Company's services together with\nthe possibility that the Company may be adversely affected by other economic,\nbusiness, and/or competitive factors or changes in the business environment in\nwhich the Company operates; changes in consumer preferences or the market for\nthe Company's services; changes in applicable laws or regulations; the\navailability or competition for opportunities for expansion of the Company's\nbusiness; the Company's ability to achieve positive operating cash flow by the\nthird quarter of 2027 and realize anticipated cost savings; potential dilution\nresulting from Avondale's Pre-Paid Purchase financing instruments, including\nfollowing the expiration or termination of the standstill agreement; the\namount and timing of any share repurchases and the availability of funds to\neffect any such repurchases; difficulties of managing growth profitably; the\nloss of one or more members of the Company's management team; loss of a major\ncustomer and other risks and uncertainties included from time to time in the\nCompany's reports (including all amendments to those reports) filed with the\nSecurities and Exchange Commission. The Company cautions that the foregoing\nlist of factors is not exclusive. You should not place undue reliance upon any\nforward-looking statements, which speak only as of the date made. The Company\ndoes not undertake or accept any obligation or undertaking to release publicly\nany updates or revisions to any forward-looking statements to reflect any\nchange in its expectations or any change in events, conditions, or\ncircumstances on which any such statement is based, except as required by law.\nThese forward-looking statements should not be relied upon as representing the\nCompany's assessments as of any date subsequent to the date of this\ncommunication.\n\nSOURCE: CXApp Inc.\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/blockchain-and-cryptocurrency/cxai-announces-1-million-share-repurchase-program-and-standstill-agre-1239876)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-10-22T12:30:00.48269742Z","server_sent_at_ms":1792672200482},"received_at":"2026-10-22T12:30:00.547Z","source_url":"https://www.accessnewswire.com/newsroom/en/blockchain-and-cryptocurrency/cxai-announces-1-million-share-repurchase-program-and-standstill-agre-1239876"},"analysis":{"id":"165019","press_release_id":"177051","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":["Potential dilution from Avondale Pre-Paid Purchase instruments once standstill conditions are satisfied","$1M buyback is immaterial relative to financing needs; signals may outweigh substance","Positive operating cash flow target is a forward-looking projection contingent on cost cuts and revenue growth"],"eventType":"buyback","narrative":"CXAI announced a $1 million share repurchase authorization plus a 90-day conditional standstill with financing partner Avondale Capital covering its Pre-Paid Purchase instruments.\n\nThe standstill restricts Avondale's purchases and conversions unless stock-price and volume conditions are met — after which dilution from additional share issuance can resume.\n\nManagement targets positive operating cash flow by Q3 2027, citing a pro-forma annualized revenue run-rate above $12 million post-EngineRoom acquisition and over $4 million in newly contracted financial-services enterprise value.","sentiment":"mixed","agentHooks":{"shouldPost":false,"suggestedAngle":"Token buyback masks the real story: conditional standstill on dilutive financing with dilution resuming if price/volume conditions trigger."},"keyFigures":{"dealValueUsd":1000000,"customDimensions":{"cash_flow_target":"positive operating cash flow by Q3 2027","standstill_duration_days":90,"pro_forma_annualized_revenue_run_rate":"$12 million","contracted_value_enterprise_agreements":"$4 million"}},"quotedText":"Our Board's authorization of a $1 million share repurchase program reflects our confidence in CXAI's long-term prospects and our commitment to disciplined capital allocation.","namedEntities":{"people":[{"name":"Khurram Sheikh","role":"Chairman and CEO"}],"products":["CXAI 2.0 platform","Beat","EngineRoom"],"companies":[{"name":"CXApp Inc.","ticker":"CXAI","relationship":"filer"},{"name":"Avondale Capital, LLC","relationship":"financing partner"}],"dollarAmounts":[{"amount":"$1 million","context":"share repurchase program authorization"},{"amount":"$12 million","context":"pro-forma annualized revenue run-rate"},{"amount":"$4 million","context":"aggregate contracted value from financial-services enterprise agreements"}]},"materialImpact":{"score":2,"reasoning":"A $1M buyback is token-sized for CXAI and the standstill agreement confirms underlying dilution risk from Avondale Pre-Paid Purchase instruments once conditions are met. The Q3 2027 positive operating cash flow target is a forward-looking goal, not a achieved result."},"tickerRelevance":{"others":[],"primary":"CXAI"},"globalImportance":20,"audienceRelevance":20,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"small buyback plus financing standstill","dilutionOverhang":true,"householdBrandBoost":0}},"event_type":"buyback","event_type_secondary":["operations_update"],"sentiment":"mixed","material_impact_score":2,"narrative":"CXAI announced a $1 million share repurchase authorization plus a 90-day conditional standstill with financing partner Avondale Capital covering its Pre-Paid Purchase instruments.\n\nThe standstill restricts Avondale's purchases and conversions unless stock-price and volume conditions are met — after which dilution from additional share issuance can resume.\n\nManagement targets positive operating cash flow by Q3 2027, citing a pro-forma annualized revenue run-rate above $12 million post-EngineRoom acquisition and over $4 million in newly contracted financial-services enterprise value.","key_figures":{"dealValueUsd":1000000,"customDimensions":{"cash_flow_target":"positive operating cash flow by Q3 2027","standstill_duration_days":90,"pro_forma_annualized_revenue_run_rate":"$12 million","contracted_value_enterprise_agreements":"$4 million"}},"named_entities":{"people":[{"name":"Khurram Sheikh","role":"Chairman and CEO"}],"products":["CXAI 2.0 platform","Beat","EngineRoom"],"companies":[{"name":"CXApp Inc.","ticker":"CXAI","relationship":"filer"},{"name":"Avondale Capital, LLC","relationship":"financing partner"}],"dollarAmounts":[{"amount":"$1 million","context":"share repurchase program authorization"},{"amount":"$12 million","context":"pro-forma annualized revenue run-rate"},{"amount":"$4 million","context":"aggregate contracted value from financial-services enterprise agreements"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-22T12:30:10.798Z","global_importance":20,"audience_relevance":20,"importance_components":{"tickerTier":"micro-cap","eventGravity":"small buyback plus financing standstill","dilutionOverhang":true,"householdBrandBoost":0}},"durationMs":5972,"modelName":"glm-5.3-flashx"}}