Current Report Filing (8-k)
June 06 2023 - 4:11PM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
June 6, 2023 (May 31, 2023)
CXApp Inc.
(Exact name of registrant as specified in its
charter)
| Delaware |
|
001-39642 |
|
85-2104918 |
|
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S. Employer
Identification No.) |
|
Four Palo Alto Square, Suite 200
3000 El Camino Real
Palo Alto, CA |
|
94306 |
| (Address of principal executive offices) |
|
(Zip Code) |
(650) 575-4456
(Registrant’s telephone number, including
area code)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading
Symbol(s) |
|
Name of each exchange
on which registered |
| Common stock, $0.0001 par value per share |
|
CXAI |
|
The Nasdaq Stock Market LLC |
| Warrants to purchase common stock |
|
CXAIW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act.
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Chief Financial Officer and
Appointment of Interim Chief Financial Officer
On May 31, 2023, Michael Angel
provided formal notice of his resignation as Chief Financial Officer of CXApp Inc. (the “Company”). Effective June 5, 2023,
Mr. Angel's tenure as Chief Financial Officer concluded, and his employment with the Company will cease to be in an executive capacity.
Mr. Angel will continue to remain employed as a non-executive employee of the Company until June 30, 2023.
Mr. Angel’s resignation was
for personal reasons and not a result of a disagreement relating to the Company’s operations, policies or practices.
The Board of Directors of the Company approved, effective as of June
5, 2023, the appointment of Khurram P. Sheikh, the current Chief Executive Officer, as Interim Chief Financial Officer of the Company.
The Company has initiated the process of identifying a qualified individual
to assume the role of Chief Financial Officer and is actively seeking a suitable candidate to fill the vacancy.
Appointment of Chief Technology Officer
Effective June 6, 2023, Naresh Soni was
appointed to serve as Chief Technology Officer of the Company. Prior to joining the Company, Mr. Soni has been involved in
ground-breaking artificial intelligence (AI) and augmented reality (AR) innovations across the technology sector with leading
technology companies like Nokia, AT&T Bell Labs and IBM, and also held the position of Chief Technology Officer of Interdigital,
Inc. Mr. Soni holds a Master of Science in Electrical and Computer Engineering from the University of Texas, Austin and has
completed the executive management program on innovation from the MIT Sloan School of Management.
Item 7.01 Regulation FD Disclosure
On June 6, 2023, the Company issued a press release announcing the
appointment of its new Chief Technology Officer, a copy of which is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits. The following exhibit is furnished with this Form
8-K: |
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: June 6, 2023 |
By: |
/s/ Khurram P. Sheikh |
| |
Name: |
Khurram P. Sheikh |
| |
Title: |
Chairman and Chief Executive Officer |
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