other_material
confidence high
sentiment neutral
materiality 0.45
Marpai raises ~$150K in private placement; CEO-affiliated entity buys 86,805 shares at $1.152
Marpai, Inc.
- Issued 130,208 shares of Class A common stock at $1.152 per share, raising aggregate proceeds of approximately $150,000.
- HillCour Investment Fund (entity controlled by CEO Damien Lamendola) purchased 86,805 shares; other investor bought remaining 43,403 shares.
- Securities sold in unregistered private placement under Rule 506(b) and Section 4(a)(2) of the Securities Act.
- Shares are restricted and not registered under the Securities Act; transfer is subject to exemption requirements.
- Funds used for general corporate purposes; no material change in control or business operations.
item 1.01item 3.02item 9.01