other material
confidence high
sentiment neutral
materiality 0.55
Spectral AI raises $449,694 in registered direct offering of 270,900 shares at $1.66/share
Spectral AI, Inc.
- Sold 270,900 shares of common stock at $1.66 per share, gross proceeds $449,694.
- Closing occurred December 11, 2024; net proceeds for working capital and general corporate purposes.
- Investors have option to purchase additional shares up to $5M (or one-third of public float) at a formula price.
- Placement agent SP Angel Corporate Finance LLP received 7% cash fee.
- Securities sold under effective S-3 registration statement (File No. 333-282681).