secwatch.observer — SEC 8-K summary
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Issuer:     Spectral AI, Inc. (MDAI)
CIK:        0001833498
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001213900-24-044245
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Spectral AI expands board to seven, appoints Erich Spangenberg; shareholders approve equity plan and share issuance
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- Board expanded to seven; Erich Spangenberg appointed as director, returning after declining reelection.
- Six directors elected: Cotton, Carlson, DiMaio, Mellish, Sadagopan, Snyder for one-year terms.
- Shareholders ratified adoption of 2023 Long Term Incentive Plan, replacing 2018 and 2022 plans.
- Ratified KPMG LLP as independent auditor for fiscal 2024.
- Authorized issuance of up to 6,369,937 shares to YA II PN, Ltd. under Standby Equity Purchase Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024044245/0001213900-24-044245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024044245/ea0206397-8k_spectral.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-044245

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