Yaron Eitan Amends Marpai, Inc. Stake
Ticker: MRAI · Form: SC 13D/A · Filed: Dec 9, 2024 · CIK: 1844392
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
Related Tickers: MPAI
TL;DR
Yaron Eitan just filed an amendment on his Marpai stake. Big moves brewing?
AI Summary
On December 5, 2024, Yaron Eitan filed Amendment No. 4 to Schedule 13D for Marpai, Inc. The filing indicates a change in beneficial ownership of Marpai, Inc.'s Class A Common Stock. The specific details of the change in ownership, including the number of shares and percentage of ownership, are not fully detailed in the provided text but are the subject of this amendment.
Why It Matters
Changes in beneficial ownership filings like this can signal shifts in control or significant investment activity by major shareholders, potentially impacting the stock price.
Risk Assessment
Risk Level: medium — Schedule 13D filings, especially amendments, often indicate significant changes in a major shareholder's position, which can lead to increased volatility.
Key Players & Entities
- Yaron Eitan (person) — Filing person and potential beneficial owner
- Marpai, Inc. (company) — Subject company
- Class A Common Stock (security) — Class of securities owned
FAQ
What specific changes in beneficial ownership are being reported in this Amendment No. 4?
The provided text states this is an Amendment No. 4 to Schedule 13D for Marpai, Inc. and indicates a change in beneficial ownership, but the specific details of the change are not included in this excerpt.
Who is the filing person for this Schedule 13D/A?
The filing person is Yaron Eitan.
What is the CUSIP number for Marpai, Inc.'s Class A Common Stock?
The CUSIP number for Marpai, Inc.'s Class A Common Stock is 571354 109.
When was the event requiring this filing amendment?
The date of the event which requires filing of this statement is December 5, 2024.
What is the business address of Marpai, Inc.?
The business address of Marpai, Inc. is 615 Channelside Drive, Suite 207, Tampa, Florida 33602.
Filing Stats: 774 words · 3 min read · ~3 pages · Grade level 9.9 · Accepted 2024-12-09 17:14:07
Key Financial Figures
- $0.0001 — (Name of Issuer) Class A Common Stock, $0.0001 par value (Title of Class of Securiti
- $31.60 — ise of warrants at an exercise price of $31.60 per share expiring on February 9, 2026
- $1.13 — ck of the Issuer at a purchase price of $1.13. The Reporting Person paid such conside
Filing Documents
- ea0224116-13da4eitan_marpai.htm (SC 13D/A) — 24KB
- 0001213900-24-107017.txt ( ) — 26KB
Source and Amount of Funds or Other
Item 3. Source and Amount of Funds or Other Considerations On December 5, 2024, the Reporting Person purchased 110,619 shares of Common Stock of the Issuer at a purchase price of $1.13. The Reporting Person paid such consideration using personal funds.
Purpose of Transaction
Item 4. Purpose of Transaction Yaron Eitan acquired the securities for business investment purposes.
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer (a) As of December 5, 2024, Yaron Eitan directly beneficially owned 908,521 shares of the Issuer’s Common Stock which are comprised of 742,073 shares of Common Stock, 56,948 Warrants to purchase 56,948 shares of Common Stock, 47,000 restricted stock units, and 62,500 Options to purchase 62,500 shares of Common Stock. (b) Yaron Eitan has sole voting and dispositive power of 742,073 shares of Common Stock of the Issuer, as of December 5, 2024. (c) Not applicable. (d) Not applicable. (e) Not applicable. 3 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: December 9, 2024 By: /s/ Yaron Eitan Yaron Eitan 4