---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-047986"
form_type: "8-K"
ticker: "MSAI"
cik: "0001863990"
company_name: "MultiSensor AI Holdings, Inc."
filed_at: "2024-04-17T23:59:59+00:00"
generated_at: "2026-06-03T21:51:45.967903+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MSAI enters $25M equity line with B. Riley Principal Capital II

## Summary
- Up to $25M of newly issued common stock at Company's discretion over 36 months from Commencement Date.
- Purchase price at 3.0% discount to VWAP; subject to volume and price thresholds.
- Issued 171,821 commitment shares (~$2.91/share) as commitment fee; potential $500k make-whole payment.
- Company controls timing and amount of sales; no obligation to sell; proceeds for working capital.
- B. Riley agrees not to engage in short sales or hedging that establishes net short position.

## SEC filing metadata
- accession: 0001104659-24-047986
- form_type: 8-K
- ticker: MSAI
- cik: 0001863990
- company_name: MultiSensor AI Holdings, Inc.
- filed_at: 2024-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1863990/000110465924047986/0001104659-24-047986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1863990/000110465924047986/tm249917d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-047986
- JSON: https://secwatch.observer/filing/0001104659-24-047986.json
- Plain text: https://secwatch.observer/filing/0001104659-24-047986.txt

## Key facts
- Material Agreements
  MultiSensor AI Holdings, Inc. entered into Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC valued at up to $25,000,000 (effective 2024-04-16).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: B. Riley Principal Capital II, LLC
  - Value: up to $25,000,000
  - Effective: 2024-04-16
  source text: On April 16, 2024, MultiSensor AI Holdings, Inc. (the “ Company ”) entered into a Common Stock Purchase Agreement (the “ Purchase Agreement ”) and a related Registration Rights Agreement (the “ Registration Rights Agreement ”), each dated as of April 16, 2024, with B. Riley Principal Capital II, LLC (“ B. Riley Principal Capital II ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1863990/000110465924047986/0001104659-24-047986-index.htm

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