secwatch.observer — SEC 8-K summary
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Issuer:     Marpai, Inc. (MRAI)
CIK:        0001844392
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0000950170-23-069428
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marpai extends former CEO Gonzalez option exercise period and issues warrant; former CFO Bibring gets $127,500 severance
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- Gonzalez: exercise period extended to Dec 6, 2024 for 464,308 vested options under 2021 Global Stock Incentive Plan.
- Gonzalez also receives a warrant for 140,000 shares at $2.50 exercise price, $0.23 purchase price, 5-year term, cashless exercise.
- Former CFO Yoram Bibring receives severance equal to six months' base salary, totaling $127,500.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844392/000095017023069428/0000950170-23-069428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844392/000095017023069428/mrai-20231205.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-069428

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer