PALO ALTO, CA / ACCESS Newswire / March 12, 2026 / CXApp Inc. (NASDAQ:CXAI), the leader in agentic AI-powered workplace experience and spatial intelligence solutions, today announced that it has received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") granting theCompany an additional 180-day compliance period, until September 7, 2026, to regain compliance with the Nasdaq CapitalMarket's minimum $1.00 bid price requirement.
As previously disclosed, the Company was initially notified by Nasdaq on September 11, 2025 that its common stock had not maintained a closing bid price of at least $1.00 per share for 30 consecutive business days. Under Nasdaq Listing Rule 5810(c)(3)(A), companies may be granted a second compliance period if they meet all other continued listing requirements.
Nasdaq has determined that CXApp meets all other applicable listing standards for the Nasdaq Capital Market, including requirements related to market value of publicly held shares, and has therefore granted the Company this additional compliance period.
If at any time during this period the closing bid price of the Company's common stock is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will provide written confirmation that the Company has regained compliance and the matter will be closed.
Khurram Sheikh, Chairman and CEO of CXApp, commented:
"We appreciate Nasdaq granting CXAI this additional compliance period. Our team remains fully committed to strengthening shareholder value and executing on our strategy to deliver enterprise-scale agentic AI solutions that transform the workplace experience. We are focused on continued operational progress, strategic partnerships, and growth initiatives that we believe will support our efforts to regain compliance well within this 180-day period."
The notification has no immediate effect on the listing of the Company's common stock, which will continue to trade on the Nasdaq Capital Market under the ticker symbol "CXAI."
CXAI intends to actively monitor the closing bid price of its common stock and will consider all available options to regain compliance with Nasdaq's minimum bid price requirement.
About CXApp Inc.
CXApp Inc., is the global technology leader in employee workplace experiences. The Company is headquartered in the SF Bay Area and operates the CXAI SaaS platform that is anchored on the intersection of customer experience (CX) and artificial intelligence (AI) providing digital transformation for the workplace for enhanced experiences across people, places and things.
CXAI's customers include major Fortune 1000 Global Companies in the technology, financial services, consumer, healthcare, and media entertainment verticals.
CXApp Inc.: [email protected]
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The expectations, estimates, and projections of the Company may differ from its actual results and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," or the negative or other variations thereof and similar expressions are intended to identify such forward looking statements. These forward-looking statements include, without limitation, expectations with respect to future performance of the Company, including projected financial information (which is not audited or reviewed by the Company's auditors), and the future plans, operations and opportunities for the Company and other statements that are not historical facts. These statements are based on the current expectations of the Company's management and are not predictions of actual performance. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Factors that may cause such differences include, but are not limited to: the demand for the Company's services together with the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors or changes in the business environment in which the Company operates; changes in consumer preferences or the market for the Company's services; changes in applicable laws or regulations; the availability or competition for opportunities for expansion of the Company's business; difficulties of managing growth profitably; the loss of one or more members of the Company's management team; loss of a major customer and other risks and uncertainties included from time to time in the Company's reports (including all amendments to those reports) filed with theSecurities and Exchange Commission. The Company cautions that the foregoing list of factors is not exclusive. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. These forward-looking statements should not be relied upon as representing the Company's assessments as of any date subsequent to the date of this communication.
SOURCE: CXApp Inc.
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