secwatch.observer — SEC 8-K summary
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Issuer:     Marpai, Inc. (MRAI)
CIK:        0001844392
Form:       8-K
Filed at:   2024-03-13T23:59:59+00:00
Accession:  0000950170-24-030502
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq panel grants Marpai extension to May 28 to meet $35M MVLS listing requirement
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- Nasdaq Hearings Panel granted extension until May 28, 2024 to regain compliance with MVLS minimum of $35M.
- Company must meet certain requirements by March 31, 2024 as condition of extension.
- Marpai previously notified of deficiency in May 2023; hearing held Feb 22, 2024.
- CEO states company has made progress on raising equity and improving efficiencies.
- No assurance company will meet deadlines or ultimately regain compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844392/000095017024030502/0000950170-24-030502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844392/000095017024030502/mrai-20240312.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-030502

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