CXApp Inc. (CXAI) Form 8-K — Jun 3, 2026
CXApp Inc. (CXAI) has completed the acquisition of EngineRoom, an AI-enabled growth intelligence platform, for an aggregate purchase price of approximately $4.6 million. The deal was structured with $2.99 million in cash paid at closing, $1.15 million in performance-based earnouts tied to revenue growth over 24 months, and $460,000 held in escrow. The acquisition is expected to triple CXAI’s annualized revenue run-rate from approximately $4 million to more than $12 million.
Key figures
- Deal Value Usd
- 4600000
- Escrow Amount
- 460000
- Cash Consideration
- 2990000
- Target Annual Revenue
- 8100000
- Earnout Consideration
- 1150000
- Target Adjusted Ebitda
- 1600000
- Current Revenue Run Rate
- 4000000
- Projected Revenue Run Rate
- 12000000
- Earnout Period Months
- 24
- Target Customer Count
- 50
- Recurring Revenue Percent
- 94%
Price after filing
Close on the filing date to close N calendar days later (from $0.16). Historical, not a forecast.
AI analysis
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