{"url_path":"/sec/gxai/8-k/2026-06-25/item-2-01","section_key":"item-2-01","section_title":"Item 2.01 Completion of Acquisition or","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/1895618/0001213900-26-072056-index.html","accession_number":"0001213900-26-072056","cik":"0001895618","ticker":"GXAI","issuer_name":"GAXOS.AI INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1895618/0001213900-26-072056-index.html","primary_entity_key":"0001895618","primary_entity_name":"GAXOS.AI INC."},"word_count":100,"has_tables":true,"body_markdown":"**Item 2.01 Completion of Acquisition or\nDisposition of Assets**\n\n \n\nOn June\n18, 2026, Gaxos.ai Inc. (the “Company”) entered into and simultaneously consummated the closing of an Asset Purchase Agreement\n(the “APA”), by and among the Company and Game Foundry AI (the “Buyer”) for the sale of substantially all of the\nCompany’s gaming assets, including its portfolio of mobile games and Gaxos Gaming Lab in exchange for the issuance of 2,200,000\nshares of the Buyer’s common stock, for an aggregate estimated consideration of $1,760,000. The shares were issued in reliance on\nSection 4(a)(2) of the Securities Act of 19933, as amended."}