---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-055727"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2024-06-25T23:59:59+00:00"
generated_at: "2026-06-01T02:17:37.179626+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Marpai redeems $5M of convertible debentures, reducing outstanding to $6.83M

## Summary
- Effective June 21, 2024, Marpai redeemed $5M principal of Senior Secured Convertible Debentures under optional provision.
- Original issuance was $11.83M principal for $11M purchase price per April 2024 Securities Purchase Agreement.
- After redemption, aggregate principal outstanding reduced to $6.83M.
- Redemption limited to $5M within 60 days of issue, conditional on $5M held in blocked account.

## SEC filing metadata
- accession: 0001213900-24-055727
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2024-06-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000121390024055727/0001213900-24-055727-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000121390024055727/ea0208477-8k_marpai.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-055727
- JSON: https://secwatch.observer/filing/0001213900-24-055727.json
- Plain text: https://secwatch.observer/filing/0001213900-24-055727.txt

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