Gaxos.ai Inc. - Common Stock (GXAI)

Gaxos.ai (NASDAQ: GXAI) announced definitive agreements for the immediate exercise of outstanding warrants to purchase up to approximately 3.01 million shares of common stock at a reduced exercise price of $1.20 per share. The transaction is expected to generate approximately $3.6 million in gross proceeds before fees and expenses, with net proceeds intended for working capital and general corporate purposes. In consideration for the warrant exercise, Gaxos will issue new unregistered warrants to purchase up to approximately 6.02 million shares at an exercise price of $0.95 per share. The offering, for which H.C. Wainwright & Co. is serving as exclusive placement agent, is expected to close on or about Aug. 17, subject to customary closing conditions.

Roseland, NJ, Aug. 14, 2026 (GLOBE NEWSWIRE) -- --Gaxos.ai Inc. (“Gaxos” or the “Company”)(NASDAQ: GXAI), a company developing artificial intelligence applications across various high-growth sectors, today announced the entry into definitive agreements for the immediate exercise of certain outstanding warrants to purchase up to an aggregate of 3,007,654 shares originally issued in December 2024 and September 2024, having exercise prices ranging from $2.33 to $3.32 per share, at a reduced exercise price of $1.20 per share. The shares of common stock issuable upon exercise of the warrants are registered pursuant to an effective registration statements on Form S-1 (No. 333-292709) and Form S-3 (File No. 333-282739).

Aug. 13, 2026 — Kartoon Studios, Inc. (NYSE: TOON) has signed an agreement with Amazon Prime Video (NASDAQ: AMZN) to stream its animated series HUNDRED ACRE WOOD, based on A.A. Milne’s Winnie-the-Pooh, beginning February 18, 2027 . Amazon will support the launch with prominent “Hero Banners,” while its “Shop the Show” program will enable viewers to purchase products featuring HUNDRED ACRE WOOD characters while streaming the series.

Gainers Gaxos.AI (NASDAQ:GXAI) stock moved upwards by 46.5% to $1.28 during Thursday's regular session. The company's market cap stands at $8.8 million. The company's, Q2 earnings came out yesterday.

Gaxos.ai (NASDAQ: GXAI) reported record second-quarter 2026 consolidated revenue of approximately $2.46 million, up 35.8% from $1.81 million in the first quarter and 1,337% from $0.17 million a year earlier. The company reported GAAP net income of $241,056, or $0.02 per basic and diluted share, primarily reflecting a gain from the sale of its gaming assets. Revenue generated per advertising dollar improved approximately 20% sequentially to $0.78 as revenue growth outpaced the approximately 13.5% increase in advertising and marketing expense. Gaxos ended the quarter with approximately $11.44 million in cash and short-term investments.

Revenue growth significantly outpaces advertising expense growth as revenue generated per advertising dollar improves

Gaxos.ai (NASDAQ: GXAI) announced that its board of directors has authorized a share repurchase program allowing the company to buy back up to $1 million of its common stock. The company said the authorization reflects the board’s belief that Gaxos’ current share price does not reflect its underlying value or the growth potential of its artificial intelligence businesses. Repurchases will be made from time to time based on available liquidity, cash flow, market conditions and regulatory considerations, with the program remaining discretionary and subject to suspension or termination at any time.

Roseland, NJ , Aug. 03, 2026 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company")(NASDAQ: GXAI), a company developing artificial intelligence applications across various high-growth sectors, today announced that its Board of Directors has authorized a new share repurchase program, under which the Company may repurchase, from time to time, up to an aggregate of $1,000,000 of the Company’s common stock.

Gaxos.ai (NASDAQ: GXAI) outlined its post-divestiture operating strategy following the sale of its gaming assets, saying it will focus on expanding its AI applications business through Gaxos Labs and the personalized health and wellness offerings of majority-owned subsidiary RNK Health. The company said the strategic realignment follows significant first-quarter 2026 revenue growth to approximately $1.81 million, driven primarily by RNK Health and subscriptions to Gaxos Labs applications.

Gaming divestiture strengthens operating strategy around commercial traction and customer acquisition efficiency.

Gaxos.ai (NASDAQ: GXAI) a developer of artificial intelligence applications across multiple industries, announced the completion of the sale of its gaming assets, including its portfolio of mobile games and Gaxos Gaming Labs, to privately held Game Foundry AI. The all-stock transaction was valued at approximately $1.76 million and is intended to support Gaxos’ strategy of focusing resources on its revenue-generating AI businesses and higher-margin commercial opportunities.

Transaction streamlines operations and positions Gaxos to focus on revenue-generating, higher-margin opportunities

Gaxos.ai (NASDAQ: GXAI) announced that Amazon Web Services (“AWS”) has committed additional funding to support development of Gaxos Labs’ AI-powered sales coaching platform, strengthening the company’s expansion into the sales technology market and advancing its strategy to build enterprise-grade artificial intelligence applications designed for commercial scalability.