secwatch.observer — SEC 8-K summary
======================================

Issuer:     Marpai, Inc. (MRAI)
CIK:        0001844392
Form:       8-K
Filed at:   2025-07-21T23:59:59+00:00
Accession:  0001213900-25-066092
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marpai raises ~$150K in private placement; CEO-affiliated entity buys 86,805 shares at $1.152
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844392/000121390025066092/0001213900-25-066092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844392/000121390025066092/ea0249580-8k_marpai.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-066092

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