CXApp sets $1 million buyback and 90-day limit on Avondale share purchases
On October 21, 2026, CXApp's board authorized a share repurchase of up to $1 million with no expiration date and no obligation to buy. The same day, CXApp and financing partner Avondale Capital agreed to a 90-day standstill that bars Avondale from buying shares under its Pre-Paid Purchases unless stock-price and trading-volume conditions are met, which could limit near-term dilution.
Key points
- Board authorized repurchases of up to $1 million of common stock on October 21, 2026; timing and amount are at management's discretion.
- Standstill Agreement dated October 21, 2026 lasts 90 days and requires a trading price of at least 110% of the Minimum Price and daily volume of at least $250,000 before Avondale can buy.
- Between August 24 and October 21, 2026, CXApp issued 214,072 shares to Avondale at prices between $1.743651 and $4.3498 per share.
- The standstill does not waive any existing event of default under the Pre-Paid Purchases.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.