SCHEDULE 13G/A: TD Securities (USA) LLC Discloses 4.5% Stake in CXApp Inc. via Warrants
Beneficial Ownership Disclosure (Amendment)
TD Securities (USA) LLC, along with its parent entities, has filed an amended Schedule 13G disclosing beneficial ownership of 4.5% of CXApp Inc.'s common stock, primarily through exercisable warrants.
Summary
- TD Securities (USA) LLC, a Delaware-based broker-dealer, has reported beneficial ownership of 935,775 shares of CXApp Inc. Common Stock.
- This ownership represents 4.5% of CXApp Inc.'s outstanding common stock.
- The beneficial ownership is primarily comprised of 933,775 shares issuable upon the exercise of warrants, which have an exercise price of $11.50 per share and are presently exercisable.
- The percentage calculation is based on 19,805,784 shares of Common Stock reported outstanding by CXApp Inc. in its definitive proxy statement filed on April 17, 2025, plus the warrants held by TD Securities (USA) LLC.
- The filing is an Amendment No. 1 to a previous Schedule 13G.
- Toronto Dominion Holdings USA Inc., TD Group US Holdings LLC, and Toronto Dominion Bank are also listed as reporting persons, filing jointly due to their indirect ownership through TD Securities (USA) LLC, but they disclaim direct beneficial ownership except for pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral, factual disclosure of beneficial ownership and does not contain language that indicates positive or negative sentiment regarding the issuer's performance or prospects.
Future Outlook
This document is a factual disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding CXApp Inc.'s future performance or outlook.
Industry Context
This filing is a standard regulatory disclosure required when an institutional investor acquires a significant stake (typically 5% or more, or in this case, an amendment to a previous filing) in a publicly traded company. It provides transparency regarding major shareholders and their holdings, which is a common practice in the financial industry for compliance and market information.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake in CXApp Inc., which can influence market perception and potentially trading activity.
- Investors: Offers insight into the ownership structure of CXApp Inc., which is crucial for investment analysis and understanding potential influence on corporate decisions.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement |
| 04/17/2025 | Date CXApp Inc. filed its definitive proxy statement reporting 19,805,784 shares of Common Stock outstanding |
| 05/12/2025 | Date of filing of this Schedule 13G Amendment No. 1 |
Keywords
CXApp Inc., TD Securities (USA) LLC, Schedule 13G, Beneficial Ownership, Common Stock, Warrants, SEC Filing, Institutional Investor, Financial Disclosure
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