---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-079599"
form_type: "8-K"
ticker: "MRAI"
cik: "0001844392"
company_name: "Marpai, Inc."
filed_at: "2026-07-20T20:01:19+00:00"
generated_at: "2026-07-20T20:02:06.152542+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marpai restructures debt with JGB and AXA, reducing near-term debt service by $26.4M

## Summary
- Debt restructuring reduces total debt service by $26.4M through 2027, enhancing liquidity.
- JGB debentures maturity extended one year to April 15, 2028; amortization schedule revised.
- AXA amendment sets minimum annual payments: $0 (2026), $1M (2027), $5M (2028), $22.25M (2029).
- AXA payment from offering proceeds only required after $5M received; no new indebtedness allowed.
- CEO states restructuring aligns capital structure with cash flows and unlocks capital for growth.

## SEC filing metadata
- accession: 0001213900-26-079599
- form_type: 8-K
- ticker: MRAI
- cik: 0001844392
- company_name: Marpai, Inc.
- filed_at: 2026-07-20T20:01:19+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844392/000121390026079599/0001213900-26-079599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844392/000121390026079599/ea0298569-8k_marpai.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-079599
- JSON: https://secwatch.observer/filing/0001213900-26-079599.json
- Plain text: https://secwatch.observer/filing/0001213900-26-079599.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.