secwatch.observer — SEC 8-K summary
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Issuer:     Marpai, Inc. (MRAI)
CIK:        0001844392
Form:       8-K
Filed at:   2025-09-16T23:59:59+00:00
Accession:  0001213900-25-087900
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844392/000121390025087900/0001213900-25-087900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844392/000121390025087900/ea0257483-8k_marpai.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-087900

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