Marpai Inc. has announced it entered into a Securities Purchase Agreement with certain investors to issue and sell a total of 350,000 shares of its Class A common stock and warrants to purchase up to 700,000 additional shares in a private placement. The purchase price for each share and accompanying warrant is $1.00, with the gross proceeds expected to be approximately $350,000. The warrants are immediately exercisable at $1.00 per share and will remain exercisable for three years. The securities are being issued in an unregistered offering exempt from SEC registration under Section 4(a)(2) and/or Rule 506(b) of Regulation D. Marpai intends to use the proceeds for working capital and general corporate purposes. The offering is expected to close on or about December 22, 2025, pending customary closing conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marpai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-124729), on December 23, 2025, and is solely responsible for the information contained therein.