SCHEDULE 13G/A: Walleye Capital Discloses 3.4% Passive Stake in CXApp Inc. Warrants

Walleye Capital LLC has filed an amended Schedule 13G, reporting a passive beneficial ownership of 3.4% in CXApp Inc.'s warrants to purchase common stock as of December 31, 2024.

Summary

• Walleye Capital LLC, a Minnesota limited liability company, has filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in CXApp Inc.
• The filing indicates Walleye Capital LLC beneficially owns 578,974 warrants to purchase common stock of CXApp Inc.
• This ownership represents 3.4% of the class of securities.
• Walleye Capital LLC holds sole voting power and sole dispositive power over all 578,974 warrants.
• The filing date is February 6, 2025, with the event date requiring the filing being December 31, 2024.
• Walleye Capital LLC certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a neutral, factual disclosure of beneficial ownership. It does not contain positive or negative financial performance data or strategic announcements from the issuer.

Positives

• A professional investment firm, Walleye Capital LLC, holds a significant passive stake, indicating their interest in CXApp Inc.'s warrants.
• The filing confirms the investment is for ordinary course of business, not for control, which suggests stability regarding the investor's intent.

Negatives

• No specific negative information is disclosed in this routine beneficial ownership filing.

Risks

• No specific risks related to CXApp Inc. are detailed in this beneficial ownership filing. The filing itself is a disclosure of a passive stake, not an analysis of the issuer's risks.

Future Outlook

This document, a Schedule 13G, does not provide any forward-looking statements or guidance regarding CXApp Inc.'s future performance or strategic direction. It solely reports a passive beneficial ownership stake.

Industry Context

Schedule 13G filings are routine disclosures by passive investors who acquire more than 5% (or in this case, an amendment to a previously filed 13G, indicating a change in ownership below 5% or a change in the type of filing) of a company's voting securities. Walleye Capital LLC, as an investment adviser, frequently makes such filings as part of its portfolio management activities. This filing indicates a continued, albeit passive, interest in CXApp Inc.'s warrants within the broader investment landscape.

Comparison to Industry Standards

• This document is a standard beneficial ownership disclosure (Schedule 13G Amendment No. 2) filed by an investment adviser, Walleye Capital LLC, regarding its passive stake in CXApp Inc. Warrants.
• There are no specific comparable companies, projects, or results mentioned within this filing to assess against industry standards. The filing itself adheres to SEC reporting requirements for passive investors.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive holder of warrants, which could potentially convert to common stock, influencing future share structure.
• Investors: Offers insight into institutional interest in CXApp Inc.'s warrants.

Key Dates

Keywords

CXApp Inc., Walleye Capital LLC, Schedule 13G, Warrants, Beneficial Ownership, SEC Filing, Investment Adviser, Passive Investment, 23248B117