Marpai, Inc. Reports Material Definitive Agreement and Equity Sales
Ticker: MRAI · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1844392
| Field | Detail |
|---|---|
| Company | Marpai, INC. (MRAI) |
| Form Type | 8-K |
| Filed Date | Jan 6, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001, $11,830,000, $11,000,000, $5,376,000, $5,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, equity-sale
TL;DR
Marpai just signed a big deal and sold some stock. Watch out.
AI Summary
On December 30, 2024, Marpai, Inc. entered into a material definitive agreement, which involved the creation of a direct financial obligation. The company also reported on unregistered sales of equity securities and other events. The filing details Marpai, Inc.'s financial obligations and equity transactions.
Why It Matters
This filing indicates Marpai, Inc. has entered into new financial commitments and has issued new equity, which could impact its financial structure and shareholder value.
Risk Assessment
Risk Level: medium — The filing details material definitive agreements and unregistered sales of equity, which can introduce financial obligations and dilution risks.
Key Players & Entities
- Marpai, Inc. (company) — Registrant
- December 30, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Marpai, Inc. enter into?
The filing indicates Marpai, Inc. entered into a material definitive agreement on December 30, 2024, which resulted in the creation of a direct financial obligation.
What other significant events are reported in this 8-K filing?
Besides the material definitive agreement, the filing also reports on the creation of a direct financial obligation, unregistered sales of equity securities, and other events.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on December 30, 2024.
What is Marpai, Inc.'s state of incorporation and fiscal year end?
Marpai, Inc. is incorporated in Delaware and its fiscal year ends on December 31.
What is Marpai, Inc.'s business address and phone number?
Marpai, Inc.'s business address is 615 Channelside Drive, Suite 207, Tampa, FL 33602, and its business phone number is 646-303-3483.
Filing Stats: 1,098 words · 4 min read · ~4 pages · Grade level 13.8 · Accepted 2025-01-06 16:15:22
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share MRAI OTCQX Market Indic
- $11,830,000 — ") in the aggregate principal amount of $11,830,000, for a total purchase price of $11,000,
- $11,000,000 — ,830,000, for a total purchase price of $11,000,000 (the "Original Investment"). On Decem
- $5,376,000 — dditional aggregate principal amount of $5,376,000, for a total purchase price of $5,000,0
- $5,000,000 — ,376,000, for a total purchase price of $5,000,000 (the "Additional Investment"). Pursuant
- $2,000,000 — Agreement and the Debenture Amendments, $2,000,000 of the Additional Investment was delive
- $3,000,000 — e Company at closing, and the remaining $3,000,000 of the Additional Investment is being h
- $5 Million — che of Non-Dilutive Growth Funding with $5 Million From JGB". A copy of this press release
Filing Documents
- ea0226884-8k_marpai.htm (8-K) — 42KB
- ea022688401ex4-1_marpai.htm (EX-4.1) — 21KB
- ea022688401ex10-1_marpai.htm (EX-10.1) — 52KB
- ea022688401ex99-1_marpai.htm (EX-99.1) — 10KB
- ex99-1_001.jpg (GRAPHIC) — 3KB
- 0001213900-25-001170.txt ( ) — 324KB
- mrai-20241230.xsd (EX-101.SCH) — 3KB
- mrai-20241230_lab.xml (EX-101.LAB) — 33KB
- mrai-20241230_pre.xml (EX-101.PRE) — 22KB
- ea0226884-8k_marpai_htm.xml (XML) — 4KB
SIGNATURES
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 hereunto duly authorized. MARPAI, INC. Date: January 6, 2025 By: /s/ Damien Lamendola Name: Damien Lamendola Title: Chief Executive Officer 3