secwatch.observer — SEC 8-K summary
======================================

Issuer:     Spectral AI, Inc. (MDAI)
CIK:        0001833498
Form:       8-K
Filed at:   2024-07-15T23:59:59+00:00
Accession:  0001213900-24-061195
Event type: other
Sentiment:  negative
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral AI continues push for Nasdaq probe into alleged naked short selling; cites 40% excess shares on NOBO/OBO list
--------------------------------------------------------------------------------

- Board member and largest shareholder Erich Spangenberg leads the inquiry, sending a follow-up letter to Nasdaq on July 15, 2024.
- Company states combined NOBO & OBO list as of May 28, 2024, exceeds MDAI float by over 40%, verified with Broadridge.
- Letter notes MDAI regularly appears on failure-to-deliver list and alleges naked shorting is prevalent in de-SPAC companies.
- Spangenberg requests a meeting with Nasdaq CEO Adena Friedman on July 17-19; prior June 24 letter received no response.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024061195/0001213900-24-061195-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833498/000121390024061195/ea0209405-8k_spectral.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-061195

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer