---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-010928"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:48:45.911607+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-010928
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000121390025010928/0001213900-25-010928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000121390025010928/ea0230139-8k_marpai.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-010928
- JSON: https://secwatch.observer/filing/0001213900-25-010928.json
- Plain text: https://secwatch.observer/filing/0001213900-25-010928.txt

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