other material
confidence high
sentiment neutral
materiality 0.70
Spectral AI enters $5M registered direct offering with Liqueous LP at $1.38/share
Spectral AI, Inc.
- Sold 920,000 common shares and pre-funded warrants for 725,000 shares at $1.38 per unit.
- Pre-funded warrants exercisable at $0.001 per share, immediately upon issuance.
- Aggregate commitment up to $5M; investor has option to buy additional shares up to that amount.
- Investor granted right of first refusal on future equity offerings until commitment is satisfied.
- Offering priced at at-the-market value; 20% price decline triggers mutual repricing consent.