---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-018567"
form_type: "8-K"
ticker: "MDAI"
cik: "0001833498"
company_name: "Spectral AI, Inc."
filed_at: "2023-04-17T23:59:59+00:00"
generated_at: "2026-06-17T01:30:47.746338+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rosecliff Acquisition Corp I enters into business combination agreement with Spectral MD Holdings

## Summary
- Spectral MD will merge into the SPAC; combined entity to be named Spectral MD, Inc.
- Sponsor agrees to vote in favor, forfeit private placement warrants, and retain certain shares based on closing cash thresholds.
- Closing conditions include stockholder approvals, HSR waiting period, Nasdaq listing, and no material adverse effect.
- Key Company Stockholders sign support agreement to vote in favor of the transaction.
- Sponsor letter agreement includes restrictions on share transfers for 180 days post-closing.

## SEC filing metadata
- accession: 0001140361-23-018567
- form_type: 8-K
- ticker: MDAI
- cik: 0001833498
- company_name: Spectral AI, Inc.
- filed_at: 2023-04-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833498/000114036123018567/0001140361-23-018567-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833498/000114036123018567/brhc20051436_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-018567
- JSON: https://secwatch.observer/filing/0001140361-23-018567.json
- Plain text: https://secwatch.observer/filing/0001140361-23-018567.txt

## Key facts
- Material Agreements
  Spectral AI, Inc. entered into Business Combination Agreement with Rosecliff Acquisition Corp I, Spectral MD Holdings, Ltd., Ghost Merger Sub I Inc., Ghost Merger Sub II LLC (effective 2023-04-11).
  - Action: entry
  - Agreement: merger
  - Counterparty: Rosecliff Acquisition Corp I, Spectral MD Holdings, Ltd., Ghost Merger Sub I Inc., Ghost Merger Sub II LLC
  - Effective: 2023-04-11
  source text: On April 11, 2023, the Company entered into a Business Combination Agreement (the “ Business Combination Agreement ”), by and among the Company, Spectral MD Holdings, Ltd., a Delaware corporation (“ Spectral MD ”), Ghost Merger Sub I Inc., a Delaware corporation and a direct, wholly owned subsidiary of the Company (“ Merger Sub I ”), and Ghost Merger Sub II LLC, a Delaware limited liability company and a direct, wholly owned subsidiary of the Company (“ Merger Sub II ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1833498/000114036123018567/0001140361-23-018567-index.htm

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