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    Amendment: SEC Form 10-Q/A filed by Gaxos.ai Inc.

    5/18/26 8:56:14 PM ET
    $GXAI
    Computer Software: Prepackaged Software
    Technology
    Get the next $GXAI alert in real time by email

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 10-Q/A

    (Amendment No. 1)

     

    (Mark One)

    ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

     

    For the quarterly period ended March 31, 2026

     

    or

     

    ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

     

    For the transition period from ___________ to ___________

     

    Commission File Number: 001-41620

     

    GAXOS.AI INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware   87-3288897
    (State or other jurisdiction of
    incorporation or organization)
      (IRS Employer
    Identification No.)
         
    101 Eisenhower Pkwy, Suite 300    
    Roseland, New Jersey   

    07068

    (Address of principal executive offices)   (Zip Code)

     

    (973) 275-7428
    (Registrant’s telephone number, including area code)

     

    Not applicable

    (Registrant’s former name, former address and former fiscal year, if changed since last report)

     

    Securities registered pursuant to Section 12(b) of the Exchange Act:

     

    Title of each class   Trading Symbol(s)   Name of exchange on which registered
    Common Stock, par value $0.0001 per share   GXAI   The Nasdaq Stock Market LLC

     

    Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

     

    Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registration was required to submit such files). Yes ☒ No ☐

     

    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

     

    Large accelerated filer  ☐ Accelerated filer ☐
    Non-accelerated filer ☒ Smaller reporting company ☒
      Emerging growth company ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

    Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒

     

    As of May 13, 2026, there were 10,219,934 shares of common stock, par value $0.0001 per share, issued and outstanding. 

     

     

     

     

     

     

    EXPLANATORY NOTE

     

    Gaxos.AI Inc. (the “Company”) is filing this Amendment No. 1 to the Quarterly Report on Form 10-Q (this “Amendment”) to amend its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, originally filed with the Securities and Exchange Commission (“SEC”) on May 14, 2026 (the “Original Filing”). This Amendment is being filed solely for the purpose of revising the certifications filed as Exhibits 31.1 and 31.2 of the Original Filing (“Section 302 Certifications”) to correct an inadvertent error related to the number of shares of common stock on May 13, 2026. The number of shares of common stock was changed from 7,123,453 to 10,219,934.

     

    This Amendment contains only the cover page, this explanatory note, the signature page and the revised Section 302 Certifications filed as Exhibits 31.1 and 31.2 to this Amendment. Because no financial statements have been included in this Amendment, paragraph 3 has been omitted from each of the revised Section 302 Certifications. No other changes have been made to the Original Filing. This Amendment speaks as of the filing date of the Original Filing, does not reflect any information or events subsequent to the Original Filing and does not modify or update in any way disclosures contained in the Original Filing. Accordingly, this Amendment should be read in conjunction with the Original Filing and with the Company’s other filings made with the SEC subsequent to the Original Filing.

     

    1

     

     

    ITEM 6. EXHIBITS

     

    The following exhibits are filed with this Amendment to the Company’s Quarterly Report on Form 10-Q.

     

    Exhibit No.   Description of Exhibits
    31.1*   Certification of Principal Executive Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
    31.2*   Certification of Principal Financial Officer Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
    32.1**   Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
    32.2**   Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
    104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

     

    *Filed herewith.
    **Furnished herewith.

     

    2

     

      

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

     

      GAXOS.AI INC.
         
    Dated: May 18, 2026 By: /s/ Vadim Mats
      Name:  Vadim Mats
      Title: Chief Executive Officer and Director
    (Principal Executive Officer)

     

    Dated: May 18, 2026 By: /s/ Steven Shorr
      Name:  Steven Shorr
      Title: Chief Financial Officer
    (Principal Financial and Accounting Officer)

     

     

    3

     

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