---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-030533"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:05:22.077124+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Marpai announces 1-for-4 reverse stock split to regain Nasdaq compliance, effective June 29, 2023

## Summary
- Reverse split ratio 1:4; trading begins on split-adjusted basis June 29, 2023 under new CUSIP 571354208.
- Authorized shares unchanged at 227,791,050; outstanding reduced from ~29.0M to ~7.25M shares.
- No fractional shares issued; any fractional interest results in one additional whole share.
- Proportionate adjustments to exercise prices and share counts of options, warrants, convertible securities.
- Purpose is to increase stock price to meet Nasdaq's $1.00 minimum bid price continued listing requirement.

## SEC filing metadata
- accession: 0000950170-23-030533
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000095017023030533/0000950170-23-030533-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000095017023030533/mrai-20230627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-030533
- JSON: https://secwatch.observer/filing/0000950170-23-030533.json
- Plain text: https://secwatch.observer/filing/0000950170-23-030533.txt

## Key facts
- Governance Changes
  Marpai, Inc.: Reverse stock split at 1-for-4 ratio (effective 2023-06-29).
  - Change: charter amendment
  - Effective: 2023-06-29
  source text: Effective as of June 29, 2023, Marpai, Inc. (the “Company”) effected a reverse stock split of its outstanding shares of Class A common stock (the “common stock”) at a ratio of one-for-four (the “Reverse Split”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844392/000095017023030533/0000950170-23-030533-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.