---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-055133"
form_type: "8-K"
ticker: "MDAI"
cik: "0001833498"
company_name: "Spectral AI, Inc."
filed_at: "2024-06-24T23:59:59+00:00"
generated_at: "2026-06-01T02:33:22.717231+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Spectral AI alleges naked short selling inflated float >40%; requests Nasdaq, state probes

## Summary
- Claims NOBO and OBO lists exceed total public float by over 40%, indicating naked short selling.
- Sent letters to Nasdaq and securities regulators in Florida, Texas, Louisiana seeking investigations.
- Inquiry led by board member and largest shareholder Erich Spangenberg.
- U.S. government has provided over $256 million in funding for Spectral AI's burn wound diagnostics device.
- Company states naked shorting violates SEC Regulation SHO and applicable state securities laws.

## SEC filing metadata
- accession: 0001213900-24-055133
- form_type: 8-K
- ticker: MDAI
- cik: 0001833498
- company_name: Spectral AI, Inc.
- filed_at: 2024-06-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1833498/000121390024055133/0001213900-24-055133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833498/000121390024055133/ea0208312-8k_spectral.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-055133
- JSON: https://secwatch.observer/filing/0001213900-24-055133.json
- Plain text: https://secwatch.observer/filing/0001213900-24-055133.txt

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