Marpai prices $702k private placement of 621,194 shares at $1.13 each

Marpai, Inc.

Gross proceeds of $701,950 from sale of 621,194 Class A common shares at $1.13/share.
Investors include Chairman Yaron Eitan (110,619 shares), CFO Steve Johnson (5,000), and President John Powers (10,000).
Offering expected to close on or before December 6, 2024.
Net proceeds to be used for general working capital.
Securities sold in private placement exempt from registration under Rule 506(b).

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