SCHEDULE 13G: Wolverine Entities Disclose Significant Stake in CXApp Inc., Exceeding 5% Ownership Threshold
Beneficial Ownership Report
Wolverine Asset Management LLC and affiliated entities have disclosed beneficial ownership of over 5% of CXApp Inc.'s Class A common stock, as reported in a recent Schedule 13G filing with the SEC.
Summary
- Wolverine Asset Management LLC and its affiliates, including Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick, have filed a Schedule 13G with the SEC regarding their beneficial ownership in CXApp Inc.
- Wolverine Asset Management LLC beneficially owns 1,010,707 shares of CXApp Inc.'s Class A common stock, representing 5.1% of the outstanding class.
- Wolverine Trading Partners, Inc., Wolverine Holdings, L.P., Christopher L. Gust, and Robert R. Bellick each beneficially own 1,024,253 shares of CXApp Inc.'s Class A common stock, representing 5.17% of the outstanding class.
- These percentages are calculated based on 19,805,784 Class A common shares outstanding as of March 31, 2025, as reported in CXApp Inc.'s Form 10-K filed on April 7, 2025.
- The reporting persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of CXApp Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The disclosure of a significant ownership stake by institutional investors can provide a signal of confidence or interest in the company, potentially influencing investor perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event requiring the filing of this statement. |
| 04/07/2025 | Date CXApp Inc.'s Form 10-K was filed, reporting 19,805,784 Class A common shares outstanding. |
| 04/30/2025 | Date of filing of this Schedule 13G statement. |
Keywords
CXApp Inc., Wolverine Asset Management LLC, Wolverine Trading Partners Inc., Wolverine Holdings L.P., Christopher L. Gust, Robert R. Bellick, Schedule 13G, Beneficial Ownership, Class A Common Stock, SEC Filing, Institutional Investor, Passive Investment
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