---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-001170"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2025-01-06T23:59:59+00:00"
generated_at: "2026-05-28T11:24:37.203124+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Marpai secures $5M additional non-dilutive debt financing from JGB

## Summary
- Additional $5M financing from JGB Collateral LLC via senior secured debentures (principal $5.376M).
- $2M received at closing; $3M held in escrow pending satisfaction of conditions.
- New debentures have no conversion feature, making them non-dilutive to equity.
- Proceeds to be used for growth initiatives and general working capital.

## SEC filing metadata
- accession: 0001213900-25-001170
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2025-01-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000121390025001170/0001213900-25-001170-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000121390025001170/ea0226884-8k_marpai.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-001170
- JSON: https://secwatch.observer/filing/0001213900-25-001170.json
- Plain text: https://secwatch.observer/filing/0001213900-25-001170.txt

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