Marpai raises ~$1.1M in private placement; CEO's entity buys 86% of shares

Marpai, Inc.

Issued 1,038,519 shares at $1.0592/share in unregistered private placement to three investors.
HillCour Investment Fund, controlled by CEO Damien Lamendola, purchased 896,903 shares (approx. $950,000).
Proceeds of ~$1.1M exempt from SEC registration under Section 4(a)(2) and Rule 506(b).
Securities are restricted and cannot be resold without registration or exemption.

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