CXApp（CXAI）宣布最高100万美元回购并与Avondale签订有条件standstill，重申2027Q3现金流转正目标

CXApp ( CXAI ) announced Thursday a share repurchase program of up to $1 million and a standstill agreement with Avondale Capital to strengthen financial flexibility, support disciplined capital allocation, and accelerate its progress toward its goal of achieving positive operating cash flow. As per the standstill agreement, Avondale has agreed to restrict specified purchase and conversion-related activity during the standstill period unless defined stock-price and trading-volume conditions are satisfied. If these stock-price and trading-volume conditions are satisfied, Avondale may resume purchases and conversions under the applicable instruments, which could result in the issuance of additional shares and dilution to existing stockholders. The agreement is intended to provide greater predictability regarding potential future equity issuances and represents an important step toward strengthening CXAI's capital structure, enhancing financial flexibility, and supporting the company's long-term growth strategy. CXAI said it is also targeting positive operating cash flow by the third quarter of 2027. "Achievement of this goal depends on a number of factors, including the company's ability to grow recurring revenue, realize anticipated cost optimization and operational efficiencies, and continue commercial execution," the firm added. Source: press release