{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-098718","form_type":"8-K","ticker":"MDAI","cik":"0001833498","company_name":"Spectral AI, Inc.","filed_at":"2023-12-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.871835+00:00","generated_at":"2026-06-07T07:01:52.437037+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Spectral AI enters $10M equity purchase agreement with B. Riley","bullets":["Company can sell up to $10M of common stock to B. Riley at its discretion over 24 months.","Purchase price set at 3.5% discount to VWAP during purchase valuation period.","Issued 40,000 commitment shares valued at $2.50 each and agreed to $75K cash commitment fee.","Stock issuance capped at 19.99% of outstanding (3,249,360 shares) unless stockholder approval or price condition met.","B. Riley prohibited from short selling or hedging during agreement term."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-098718","json":"https://secwatch.observer/filing/0001213900-23-098718.json","markdown":"https://secwatch.observer/filing/0001213900-23-098718.md","text":"https://secwatch.observer/filing/0001213900-23-098718.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833498/000121390023098718/0001213900-23-098718-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833498/000121390023098718/ea190752-8k_spectralai.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T07:01:52.437037+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0a3389e87082b41fb8a1624d7792b1925e1ebca5","claim":"Spectral AI, Inc. entered into Common Stock Purchase Agreement with B. Riley Principal Capital II, LLC valued at up to $10,000,000 in aggregate gross purchase price (effective 2023-12-26).","evidence_excerpt":"Spectral AI, 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 December 26, 2023, with B. Riley Principal Capital II, LLC (“ B. Riley Principal Capital II ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1833498/000121390023098718/0001213900-23-098718-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"B. Riley Principal Capital II, LLC"},{"label":"Value","value":"up to $10,000,000 in aggregate gross purchase price"},{"label":"Effective","value":"2023-12-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}