Marpai reduces Base Purchase amounts by $3M with AXA; new payment schedule through 2027

Marpai, Inc.

Reduction criteria met as of Dec 31, 2024: largest shareholder contributed ≥$3M, listing maintained, timely payments.
Initial Base Amount reduced to $16.7M and Full Base Amount to $22.3M, each cut by $3M from prior amounts.
Modified annual aggregate payment minimums: 2024 $2.3M, 2025 $5.3M, 2026 $13.3M, 2027 $22.3M.
Debt Reduction Agreement executed Jan 31, 2025; all other Purchase Agreement terms unchanged.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.