secwatch.observer — SEC 8-K summary
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Issuer:     Spectral AI, Inc. (MDAI)
CIK:        0001833498
Form:       8-K
Filed at:   2025-03-04T23:59:59+00:00
Accession:  0001213900-25-020184
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spectral AI raises $449,694 in registered direct offering of 270,900 shares at $1.66/share
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833498/000121390025020184/0001213900-25-020184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833498/000121390025020184/ea023265303-8k_spectral.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-020184

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer