SCHEDULE 13G: TD Securities (USA) LLC Discloses 5.2% Stake in CXApp Inc.
Schedule 13G Filing
TD Securities (USA) LLC, along with its affiliates, has filed a Schedule 13G disclosing beneficial ownership of 5.2% of CXApp Inc.'s common stock as of December 31, 2024.
Summary
- TD Securities (USA) LLC reported beneficial ownership of 909,800 shares of CXApp Inc. Common Stock.
- This ownership represents 5.2% of the total outstanding shares of CXApp Inc.'s common stock.
- The filing was made under Rule 13d-1(b), indicating that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
- Other reporting persons listed include Cowen and Company, LLC, Toronto Dominion Holdings USA Inc, TD Group US Holdings LLC, and Toronto Dominion Bank, all of whom reported 0 beneficial ownership in CXApp Inc. shares.
- Cowen and Company, LLC is noted as a successor in interest to TD Securities (USA) LLC for signing purposes.
- The principal executive offices of CXApp Inc. are located at FOUR PALO ALTO SQUARE, SUITE 200, 3000 EL CAMINO REAL, PALO ALTO, CALIFORNIA 94306.
Sentiment
Score: 5
Explanation: The document is a factual regulatory filing disclosing beneficial ownership and does not contain subjective language or information that would indicate a positive or negative sentiment. It is neutral in tone and content.
Future Outlook
This document is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.
Industry Context
This filing indicates a significant institutional investment firm, TD Securities (USA) LLC, has taken a notable stake in CXApp Inc. Such disclosures are common for publicly traded companies and reflect investment activity by large financial institutions. It does not provide specific insights into broader industry trends beyond the investment itself.
Stakeholder Impact
- Shareholders: The disclosure of a significant institutional stake (5.2%) by TD Securities (USA) LLC may be viewed positively as it indicates institutional confidence or interest in CXApp Inc. It also provides transparency regarding major ownership positions.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires the filing of this statement, indicating the beneficial ownership position as of this date. |
| 02/11/2025 | Date the Schedule 13G statement was signed and filed by the reporting persons. |
Keywords
CXApp Inc., TD Securities (USA) LLC, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Equity Stake, Financial Disclosure
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