X0202 SCHEDULE 13G 0001646799 XXXXXXXX LIVE Common stock, par value $0.0001 per share 08/14/2026 0001895618 GAXOS.AI INC. 62911P300 101 Eisenhower Pkwy, Suite 300, Roseland NJ 07068 Rule 13d-1(c) Mitchell P. Kopin X1 0.00 722280.00 0.00 722280.00 722280.00 N 4.99 HC IN Daniel B. Asher X1 0.00 722280.00 0.00 722280.00 722280.00 N 4.99 HC IN Intracoastal Capital LLC DE 0.00 722280.00 0.00 722280.00 722280.00 N 4.99 OO GAXOS.AI INC. 101 Eisenhower Pkwy, Suite 300, Roseland, NJ 07068 This Schedule 13G is being filed on behalf of (i) Mitchell P. Kopin, an individual ("Mr. Kopin"), (ii) Daniel B. Asher, an individual ("Mr. Asher") and (iii) Intracoastal Capital LLC, a Delaware limited liability company ("Intracoastal" and together with Mr. Kopin and Mr. Asher, collectively the "Reporting Persons"). The principal business office of Mr. Kopin and Intracoastal is 245 Palm Trail, Delray Beach, Florida 33483. The principal business office of Mr. Asher is 1011 Lake Street, Suite 311, Oak Park, Illinois 60301 Mr. Kopin is a citizen of the United States of America. Mr. Asher is a citizen of the United States of America. Intracoastal is a Delaware limited liability company. Y (i) Immediately following the execution of the inducement letter agreement with the Issuer on August 14, 2026 (the "Inducement Letter") (as disclosed in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on August 14, 2026), each of the Reporting Persons may have been deemed to have beneficial ownership of 839,228 shares of Common Stock in the aggregate issuable upon exercise of the Existing Warrants (as defined in the Inducement Letter) held by Intracoastal, and all such shares of Common Stock represent beneficial ownership of approximately 7.2% of the Common Stock, based on (1) 10,744,634 shares of Common Stock outstanding immediately prior to the execution of the Inducement Letter, as reported to the Reporting Persons by the Issuer, plus (2) 839,228 shares of Common Stock issuable upon exercise of the Existing Warrants held by Intracoastal. The foregoing excludes 1,678,456 shares of Common Stock issuable upon exercise of a warrant to be issued to Intracoastal at the closing of the transaction contemplated by the Inducement Letter (the "New Intracoastal Warrant") because the New Intracoastal Warrant contains a blocker provision under which the holder thereof does not have the right to exercise the New Intracoastal Warrant to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 2,517,684 shares of Common Stock. (ii) As of the close of business on August 20, 2026, each of the Reporting Persons may have been deemed to have beneficial ownership of 722,280 shares of Common Stock issuable upon exercise of the New Intracoastal Warrant, and all such shares of Common Stock represent beneficial ownership of approximately 4.99% of the Common Stock, based on (1) 10,744,634 shares of Common Stock outstanding immediately prior to the execution of the Inducement Letter, as reported to the Reporting Persons by the Issuer, (2) 3,007,654 shares of Common Stock in the aggregate issued at the closing of the transaction contemplated by the Inducement Letter (as disclosed in the Form 8-K filed by the Issuer with the Securities and Exchange Commission on August 14, 2026) and (3) 722,280 shares of Common Stock issuable upon exercise of the New Intracoastal Warrant. The foregoing excludes 956,176 shares of Common Stock issuable upon exercise the New Intracoastal Warrant because the New Intracoastal Warrant contains a blocker provision under which the holder thereof does not have the right to exercise the New Intracoastal Warrant to the extent (but only to the extent) that such exercise would result in beneficial ownership by the holder thereof, together with the holder's affiliates, and any other persons acting as a group together with the holder or any of the holder's affiliates, of more than 4.99% of the Common Stock. Without such blocker provision, each of the Reporting Persons may have been deemed to have beneficial ownership of 1,678,456 shares of Common Stock. 4.99% 0 722,280 0 722,280 N Y Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Exhibit 1 - Joint Filing Agreement Mitchell P. Kopin /s/ Mitchell P. Kopin 08/20/2026 Daniel B. Asher /s/ Daniel B. Asher 08/20/2026 Intracoastal Capital LLC /s/ Mitchell P. Kopin 08/20/2026