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What Happened to CXApp?
Ticker: CXAISPAC Year: 2020
Return
-97.4%
Current Price
$1.5
Peak Price
$21
Trust Size
$29M
Summary
CXApp is a workplace technology company providing AI-powered solutions for employee experience, including indoor mapping, space management, and desk booking. The company was spun off from Inpixon via SPAC in 2023.
What Happened
CXApp went public via SPAC in 2023 as a spin-off from Inpixon. The workplace intelligence platform has struggled to scale revenue and the stock has declined significantly. It continues to trade on Nasdaq but faces challenges. It was misclassified as bankrupt.
Timeline
2020-10-14
S-1 Registration Filed