Gaxos.ai Inc. - Common Stock (GXAI)

Gaxos.ai (NASDAQGXAI), a developer of artificial intelligence applications, announced its participation in the Sequire Investor Summit, set for Jan. 21–23 at the Condado Vanderbilt Hotel in San Juan, Puerto Rico. CEO Vadim Mats highlighted the event as a valuable platform to showcase the company’s initiatives and connect with investors. Hosted by SRAX, the summit features 75+ presenting companies and over 500 investors, family offices, and analysts.

Roseland, NJ, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that it will participate in the upcoming Sequire Investor Summit on January 21st – 23rd in San Juan, Puerto Rico.

Gaxos.ai (NASDAQGXAI) has completed a registered direct offering, raising approximately $4 million in gross proceeds through the sale of 1,346,669 shares of common stock at $3.00 per share. Concurrently, the company issued unregistered warrants in a private placement, granting the option to purchase an additional 1,346,669 shares at the same price, with a three-year expiration. H.C. Wainwright & Co. served as the exclusive placement agent. The funds will be used for general corporate purposes and working capital. The shares were offered under an effective shelf registration statement filed with the SEC, while the warrants were issued under an exemption from registration.

Gaxos.ai Inc. raises approximately $9 million in gross proceeds in December 2024

Roseland, NJ, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. (Nasdaq: GXAI), (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,346,669 shares of its common stock at a purchase price of $3.00 per share in a registered direct offering priced at-the-market under Nasdaq rules. In addition, in a concurrent private placement, the Company will issue unregistered warrants to purchase up to 1,346,669 shares of common stock. The warrants will have an exercise price of $3.00 per share, will be exercisable upon issuance and expire three years following the date of issuance. The closing of the offering is expected to occur on or about December 30, 2024, subject to the satisfaction of customary closing conditions.

Gaxos.ai (NASDAQGXAI) has entered into definitive agreements for a $4 million registered direct offering and concurrent private placement, selling 1,346,669 shares of common stock at $3.00 per share and issuing unregistered warrants for the same number of shares. The warrants, exercisable at $3.00 per share, expire in three years. H.C. Wainwright & Co. is serving as the exclusive placement agent, with the offering set to close around December 30, 2024, pending customary conditions. Net proceeds will fund working capital and general corporate purposes. The offering is conducted under a shelf registration, while the warrants are issued under private placement regulations.

Gaxos.ai (NASDAQGXAI) announced the successful integration of Meshy 4 into its Gaxos Labs platform, a tool for game developers and publishers to optimize 3D modeling workflows. The Meshy 4 update introduces advanced generative geometry capabilities, allowing users to toggle between quad- and triangle-based meshes, limit polygon counts, and produce higher-quality 3D assets efficiently. Key features include dynamic mesh topology for smoother animations, polycount limitation for real-time deployment, and improved geometry quality that minimizes revisions. CEO Vadim Mats highlighted the update’s ability to streamline asset creation, empowering developers to produce professional-quality models faster.

Roseland, NJ, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that the Company successfully integrated Meshy 4 into their artificial intelligence solution for game developers and publishers, Gaxos Labs.

Roseland, NJ, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. (Nasdaq: GXAI), (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of an aggregate of 1,449,277 shares of its common stock at a purchase price of $3.45 per share. In addition, in a concurrent private placement, the Company issued unregistered warrants to purchase up to 1,449,277 shares of common stock. The warrants have an exercise price of $3.32 per share, are exercisable upon issuance and expire three years following the date of issuance. 

Roseland, NJ, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. (Nasdaq: GXAI), (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,449,277 shares of its common stock at a purchase price of $3.45 per share in a registered direct offering priced at-the-market under Nasdaq rules. In addition, in a concurrent private placement, the Company will issue unregistered warrants to purchase up to 1,449,277 shares of common stock. The warrants will have an exercise price of $3.32 per share, will be exercisable upon issuance and expire three years following the date of issuance. The closing of the offering is expected to occur on or about December 20, 2024, subject to the satisfaction of customary closing conditions.

Gaxos.ai (NASDAQGXAI) has entered into agreements for a $5 million registered direct offering of 1,449,277 shares of its common stock at $3.45 per share, alongside a private placement of unregistered warrants to purchase an equal number of shares at $3.32 per share. The warrants, exercisable immediately and expiring in three years, were issued under Section 4(a)(2) of the Securities Act. H.C. Wainwright & Co. acted as the exclusive placement agent. Proceeds will support working capital and corporate purposes, with the stock offering registered under an effective Form S-3 filed with the SEC. The transaction is expected to close by December 20, 2024, pending customary conditions.

Gaxos.ai (NASDAQGXAI) has announced the successful integration of Recraft AI into Gaxos Labs, its artificial intelligence solution designed for game developers and publishers. Vadim Mats, CEO of Gaxos, emphasized that the addition of Recraft AI simplifies the labor-intensive game development process and advances the company’s mission to be an all-in-one AI solution for the gaming industry. Gaxos Labs offers a range of tools and resources for developers and players, with updates available on X, Facebook, and LinkedIn.

Roseland, NJ, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that the Company successfully integrated Recraft AI into their artificial intelligence solution for game developers and publishers, Gaxos Labs.

Roseland, NJ, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that the Company released a visual editor for Godot Engine for their artificial intelligence solution for game developers and publishers, Gaxos Labs. The Godot visual editor introduces a user-friendly interface that simplifies the process of embedding AI-driven features directly into game projects.

Gaxos.ai (NASDAQGXAI) announced the release of a visual editor for Godot Engine as part of its Gaxos Labs AI solution for game developers and publishers. The user-friendly interface streamlines the integration of AI-driven features into game projects, enhancing development efficiency. CEO Vadim Mats highlighted the company’s commitment to simplifying game creation through advanced tools, visual editors, and AI integrations, complementing their API designed for compatibility with any game development engine.

Roseland, NJ, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that the Company successfully integrated Suno AI and ElevenLabs into their artificial intelligence solution for game developers and publishers, Gaxos Labs.

Gaxos.ai (NASDAQGXAI) announced the integration of Suno AI and ElevenLabs into its Gaxos Labs platform, an artificial intelligence solution for game developers and publishers. The addition of these tools enables users to generate sound clips, lyrics from prompts, sound effects, and more, enhancing the ecosystem’s capabilities. Vadim Mats, CEO of Gaxos, highlighted the company’s commitment to building an all-in-one AI solution for the gaming industry, with plans to integrate additional tools to further enhance the platform’s value.

Roseland, NJ, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, announced today that the Company’s Board of Directors approved the purchase of up to $1 million in Bitcoin. 

Gaxos.ai (NASDAQGXAI), an emerging AI applications company, announced its participation in the AI Summit New York, set for Dec. 11-12, 2024. CEO Vadim Mats highlighted the company’s excitement to join industry leaders, developers and gaming communities at the Summit, underscoring the value of global partnerships in advancing Gaxos’s AI offerings. The event, a prominent gathering for tech experts, will connect Gaxos with top AI and tech companies and allow the company to present its AI advancements in gaming and other sectors to a global audience.

Roseland, NJ, Nov. 05, 2024 (GLOBE NEWSWIRE) --  Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that it will participate in the upcoming AI Summit New York on December 11th-12th in New York City.

Aditxt (NASDAQADTX), an innovation platform dedicated to accelerating promising health innovations, and its acquisition target Evofem Biosciences (OTCQB: EVFM) , a women’s health company, have completed the Third Parent Equity Investment under its Amended and Restated Merger Agreement. According to the announcement, this strengthens the strategic and collaborative relationship between the two companies, which share a commitment to expand access to healthcare solutions for women around the world.

Roseland, NJ, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various sectors, today announced that it will participate in the upcoming Game Industry Conference on October 24th - 27th in Poznan, Poland,

Gaxos.ai Inc. (NASDAQGXAI), a company developing artificial intelligence applications across various sectors, has launched its cutting-edge artificial intelligence (“AI”) solution for game developers and publishers: Gaxos Labs. According to the company, Gaxos Labs is designed to enable game developers to accelerate the development process, enhance creativity and increase revenue — all through the lab’s proprietary generative AI asset editor and Unity plugin along with its player-facing generative AI offering. Gaxos Labs features Gaxos.AI’s proprietary AI technology and integrates key AI-generation tools such as Dall-E, Stability.ai and Meshy to offer a powerful development environment for game developers and publishers.

Gaxos.ai Inc. (NASDAQGXAI), a company developing artificial intelligence applications across various sectors, has entered into a definitive agreement for the exercise of certain existing warrants. The agreement outlines the purchase of 1,256,734 shares of certain of its common stock at a reduced exercise price of $2.58 per share. According to the announcement, the offering is expected to close today, subject to closing conditions. The company plans to use funds from the offering, which is anticipated to total an estimated $3.24 million before standard deductions and fees, for working capital and other general corporate purposes. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

Roseland, NJ, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. (NASDAQGXAI), (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, today announced that it has entered into a definitive agreement for the exercise of certain existing warrants to purchase an aggregate of 1,256,734 shares of its common stock originally issued in March 2024 and having an original exercise price of $5.50 per share, at a reduced exercise price of $2.58 per share. The issuance and sale of the shares of common stock issuable upon exercise of the existing warrants is registered pursuant to an effective registration statement on Form S-3 (File No. 333-278513).