other_material
confidence high
sentiment neutral
materiality 0.60
Marpai raises ~$650k in private placement; CEO entity buys 371k shares
Marpai, Inc.
- Sold 603,640 shares of Class A common stock at $1.0768/share for aggregate proceeds of ~$650,000.
- HillCour Investment Fund, controlled by CEO Damien Lamendola, purchased 371,470 shares (61.5% of offering).
- Offering exempt from registration under Section 4(a)(2) and Rule 506(b) of Regulation D.
- Three investors participated; funds used for general corporate purposes.
item 1.01item 3.02item 9.01