Acquisition Expected to Increase Annualized Revenue Run-Rate to More Than $12 Million, Add Approximately $1.6 Million of Adjusted EBITDA and Expand CXAI's Reach Across Enterprise and Mid-Market Customers

Acquisition Expected to Increase Annualized Revenue Run-Rate to More Than $12 Million, Add Approximately $1.6 Million of Adjusted EBITDA and Expand CXAI's Reach Across Enterprise…

CXApp stock jumps after EngineRoom acquisition expected to boost revenue and expand AI platform offerings.

CXApp Inc (NASDAQ: CXAI) shares are surging Thursday after it announced the acquisition of EngineRoom, an AI growth-tracking platform.