---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-041612"
form_type: "8-K"
ticker: "MSAI"
cik: "0001863990"
company_name: "MultiSensor AI Holdings, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:58:54.914071+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MultiSensor AI converts $4.475M notes & $200K loan to boost equity for Nasdaq compliance

## Summary
- Converted $4.475M in convertible notes and $200K loan into common stock; issued 663,318 shares including inducement shares.
- Reduced conversion price on remaining $3.53M notes (incl. $1.2M from directors) to $5.00 per share to incentivize conversion.
- Pro forma stockholders' equity as of Dec 31, 2023 reached $4.407M, up from a deficit of $268K.
- Company attended Nasdaq hearing on March 21, 2024 to appeal delisting; plan includes equity increases to cure deficiencies.
- Issued 60,060 shares to director David Gow to cancel $200K loan; shares subject to six-month lock-up.

## SEC filing metadata
- accession: 0001104659-24-041612
- form_type: 8-K
- ticker: MSAI
- cik: 0001863990
- company_name: MultiSensor AI Holdings, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1863990/000110465924041612/0001104659-24-041612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1863990/000110465924041612/tm2410300d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-041612
- JSON: https://secwatch.observer/filing/0001104659-24-041612.json
- Plain text: https://secwatch.observer/filing/0001104659-24-041612.txt

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