NASDAQ : GXAI

Gaxos.ai Inc.

$1.08 USD

$0 (0.0%)

Volume
160.44K
Average Volume
2.32M
Market Capitalization
$8.11M
P/E Ratio
-1.71
Dividend Yield
0.00%
Price Target
Year High
$2.96
Year Low
$1.02
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$21.35
Source Headline
Gaxos.ai Inc. Sells Gaming Assets to Game Foundry AI

Transaction streamlines operations and positions Gaxos to focus on revenue-generating, higher-margin opportunities Roseland, NJ, June 24, 2026 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. ("Gaxos" or the "Company"), a company developing artificial intelligence applications across various high-growth sectors, today announced that it had completed the sale of its gaming assets, including its portfolio of mobile games and Gaxos Gaming Labs, a generative AI service that empowers game developers and publishers, to Game Foundry AI, a privately-held company. The transaction was structured as an all-stock deal valued at approximately $1.76 million.

globenewswire.com - 2026-06-24 08:12:00

Gaxos Stock Pops On New AI Features Driving User Engagement

Gaxos said the rollout of the new features has already contributed to increased user engagement across its AI portfolio, reflecting growing demand for its applications.

benzinga.com - 2026-04-17 09:36:34

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