Marpai issues 147,058 shares at $1.36 to CEO-controlled fund in private placement

Marpai, Inc.

Sold 147,058 Class A common shares at $1.36 each to HillCour Investment Fund, LLC, controlled by CEO Damien Lamendola.
Gross proceeds of approximately $200,000; transaction exempt under Section 4(a)(2) and Rule 506(b) of Securities Act.
Closing occurred on September 30, 2025; shares are restricted and may not be sold without registration or exemption.

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