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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