CXApp Announces $1M Stock Buyback Program, Standstill Agreement With Avondale Capital, And An AI-Based Operating Efficiency Program; Targets Positive Operating Cash Flow By Q3 2027
These initiatives build on CXAI's expanded global operating platform following its acquisition of EngineRoom, resulting in a pro-forma annualized revenue run-rate exceeding $12 million. Together with recent
CXApp is buying back some of its own stock and planning to make more cash. This shows the company believes in itself and is working toward making real profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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