Gaxos ai Inc (GXAI) News

Gaxos.ai Inc. Announces Closing of $4 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules

GAXOS.AI INC.
Mon, December 30, 2024 at 4:15 PM EST 4 min read

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

Roseland, NJ, Dec. 30, 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 1,346,669 shares of its common stock at a purchase price of $3.00 per share. In addition, in a concurrent private placement, the Company issued unregistered warrants to purchase up to 1,346,669 shares of common stock. The warrants have an exercise price of $3.00 per share, are exercisable upon issuance, and expire three years following the date of issuance.

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

The aggregate gross proceeds to the Company from the offering were approximately $4 million, before deducting the placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes.

The shares of common stock (but not the warrants issued in the private placement or the shares of common stock underlying such warrants) were offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-283758) filed with the Securities and Exchange Commission (“SEC”) on December 12, 2024, and became effective on December 18, 2024. The registered direct offering of the shares of common stock were made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. The prospectus supplement and the accompanying prospectus relating to the shares of common stock being offered in the registered direct offering have been filed with the SEC and are available on the SEC's website at www.sec.gov. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the registered direct offering may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by telephone at (212) 856-5711 or e-mail at placements@hcwco.com.

The warrants described above were issued in a concurrent private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and Regulation D promulgated thereunder and, along with the shares of common stock underlying the warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the warrants and underlying shares of common stock may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

https://finance.yahoo.com/news/gaxos-ai-inc-announces-closing-211500218.html

1.346m shares at $3 offering 

gxai....................https://stockcharts.com/h-sc/ui?s=gxai&p=W&b=5&g=0&id=p86431144783

GXAI.........................https://stockcharts.com/h-sc/ui?s=GXAI&p=W&b=5&g=0&id=p86431144783

This should start a small up hill slid today or tomorrow. IF IT CATCHES ANY EYES OR EARS!!!
Gaxos.ai Inc. Announces $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
12/19/2024 08:00:00 AM

Is this one done for awhile

Hey, Dude, I CONCUR wholeheartedly with your prognostications on that Cannabis note, Bro!!! (Heck, see film-clip of ME, below --- last Saturday behind the steering wheel, via my car's "Vehicle-Hood-Selfie-Cam-System" --- enjoying the latest "MECHA-GODZILLA-ROLLIE" from my local San Diego Pot shop!!! Boy, did me & my Buddy get HAMMERED, or what, Homeboy!!!)

I think pot stocks are a good buy right now since they've been silent in any legislation to legalize it. Beaten down the ground. As soon as they start talking about that with a bunch of legalization lies again they will fly again for a while.

GXAI: It sure had a nice run there, for days!! (Now on to the NEXT 'trending' stock.)

This heading back to $2 in my opinion without news. Dillution always kills rallys in these penny plays

GXAI..................................https://stockcharts.com/h-sc/ui?s=GXAI&p=W&b=5&g=0&id=p86431144783

Keep selling In Picking up what I can, waiting for the $2.00 area to get big chunks and hole till the news hits big time!

December 12 2024 - 7:30AM

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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.
“We are pleased to add another great tool into our Gaxos Labs ecosystem,” said Vadim Mats, CEO of Gaxos. “Game development is a labor-intensive process and the addition of tools that make the process simpler advances our goal of being the all-in-one artificial intelligence solution for game developers and publishers.”

For more information, visit Gaxos Labs where you’ll find more information on Gaxos Labs and all it offers game developers and players. You can also follow Gaxos Labs on X, Facebook, or Gaxos.ai on LinkedIn for the latest updates and news.

Gone for now Hang in there OR NOT!

Thank You for the Chart glenn helps that non of us have to pull that up every morning! Do you think we are reaching $8:50 this morning chart shows other wise?

GXAI................https://stockcharts.com/h-sc/ui?s=GXAI&p=W&b=5&g=0&id=p86431144783

GXAI: Wake-up, GXAI stock!! (Hope ya ain't tryin' to do the old Wall Street, "DEAD-CAT-BOUNCE" routine --- like depicted below!!!)

take a read about AsII they are probably going to end up working some contract for Gaxos or merging IN.MY HUMBLE OPINION I have a large stake in that Happening! It's all about the A,I, and the pay to play platforms going on. Thats what happened to nivdea last friday!

Hey there Trend some are taking profit just to go over to options on this RELIABLE Stock!!
take a read about AsII they are probably going to end up working some contract for Gaxos or merging IN.MY HUMBLE OPINION I have a large stake in that Happening! It's all about the A,I, and the pay to play platforms going on. Thats what happened to nivdea last friday!

Nice explanation I N America The gamers are going to just go nuts over this for Christmas! there's anoth real low Tie in possibly take a read about AsII they are probably going to end up working some contract for Gaxos or merging IN.MY HUMBLE OPINION I have a large stake in that Happening! It's all about the A,I, and the pay to play platforms going on. Thats what happened to nivdea last friday!

Prayerfully Yes when it does i Know many Families and Elderly Shut in that will have at least 2 days of good food and heating bills paid. You see this used to be about me but not anymore I keep enough to invest and the rest helps me hang out and go shopping with some really amazing people,& some that need and amazing person!

GXAI: Indeed, Dude!!! You's gonna have a VERY "Merry Xmas" behind this cute little puppy!!! (Sooner, or later.)

Very well should be but I'm believing in TOMORROW The $10.00 could be over I'm not getting out anytime soon. This stock has the potential to hit the teens or twenties before Christmas! My opinion as of now.

MOON BOY just came in and turned on my CPU and very happy and to answer your question I DO NOT believe this company is over until it hit upwards of $9.00 to $10.00 ! That is my humble opinion as of right now I need to make some calls before I could give you a SWAG answer! Market is up and down mainly because of GOVERNMENT stabilization!!
Scientific Wild Ass Guess Method.

MOON BOY just came in and turned on my CPU and very happy and to answer your question I DO NOT believe this company is over until it hit upwards of $9.00 to $10.00 ! That is my humble opinion as of right now I need to make some calls before I could give you a SWAG answer! Market is up and down mainly because of GOVERNMENT stabilization!!
Scientific Wild Ass Guess Method.

GXAI: Let's ROCK this joint!!! (This group was straight-up BONKERS!!!)

GXAI: See ME, below, live right now --- the old chap in the tasteless outfit --- celebrating my (continuing) GXAI stock score with my fellow traders over here at the, "San-Diego-Church-of Latter-Day-Atheists"!!!

WATCH OUT THE DUMP HAS COME

GXAI: And by day's end today, you will have transformed $1,220 into $12,220!!! (CONGRATS to your glorious self, Dude!!!)

GXAI: SImply behind WHAT it is all about, Dude. (See below what Bing's COPILOT has to say about today.)

"Why has GXAI soared in price now for THREE days running? Gaxos.aiInc. (GXAI) stock has been soaring for three days due to strong positive market sentiment and recent company developments. The company recently launched Gaxos Labs, a new platform offering advanced artificial intelligence tools for game developers and publishers. This launch has generated significant excitement and optimism among investors, leading to the stock's impressive rise2. Does this help clarify the reason for the increase? And GXAI had news too a couple days ago, right? Yes, that's correct! A couple of days ago, Gaxos.aiInc. (GXAI) announced the successful integration of Suno AI and ElevenLabs into their artificial intelligence solution for game developers and publishers, Gaxos Labs. This integration is expected to enhance the capabilities of Gaxos Labs by adding speech, sound, and music features, making it a more comprehensive tool for game development1. It seems like this news, along with the launch of Gaxos Labs, has been driving the recent surge in GXAI's stock price. Do you have any other questions about Gaxos.aior any other stocks?"

I don't see any news so why do you think $10

GXAI: Hits $10 US bucks today, MINIMUM!!!!

GXAI: Never done, Dude! Will prove to be the WINNER of the last 3 trading days --- and likely beyond.

Is this done?

Over 107,000,000 shares traded for three days before that only 15 or 16 thousand? Average Volume (3m)
4,466,246
Shares Outstanding
2,870,773

I purchased 1000 shares on Nov. 25th $1.22 just because a friend said too, And because news was coming from Elon. almost up 400%

I have 10 shares left haha and one day trade left for the week. But I have another stock id rather day trade so I'll just hold until tomorrow.

Gaxos Labs Unveils Visual Editor for Godot Gaming Engine
December 06 2024 - 7:30AM

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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.

Moon boy HOW DEAD is this board no muttering is something to look forward to means everyone is scrambling in and taking notes!

I'm out

Find the MONEY FLOW and check out the A.I. Rating and you'll see the interest in this company has been excellent for a BITCOIN operative.

Awesome.

MOON boy this company is proactive and working on behind the curtain, I haven't been on I Hub for quite awhile so i'm still getting in touch with the people I know and other avenues of information that some have changed profiles and such but I will be around here to inform as I CAN LEGALLY!!!!!!

I can't believe how dead this board is with a stick that's up 50% today

$4.89 was the premarket high this morning. A lot of room to run this morning. Let's see if we head back in that firection. I think we closed the gap already at $3.50s because Fridays high was in that range I think

GXAI................................https://stockcharts.com/h-sc/ui?s=GXAI&p=W&b=5&g=0&id=p86431144783

Y'all sleeping in this morning? You missed the fun! I sold at $4.12 and buying back.

What is this up so much? I don't see any news

All I know is I have shares and living it this morning

Actually with all the technical indicators and NEWS coming NOW IS THE TIME TO BUY IN EVEN IF IT'S 10 DOLLARS WORTH. THIS COMPANY SHOULD BY ALL THE GRACE OF GOD BE TRADING ABOVE $4.50