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Marpai | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Damien Lamendola(34.3%),HillCour Investment Fund, LLC(21.7%), etc.

SEC announcement ·  Jan 19 00:00
Summary by Moomoo AI
On January 16, 2024, Damien Lamendola, in his capacity as the manager and controlling person of HillCour Investment Fund, LLC and WellEnterprises USA, LLC, reported a significant increase in his beneficial ownership of Marpai, Inc.'s Class A Common Stock. According to the latest amendment to the Schedule 13D filed with the SEC, Lamendola purchased an additional 1,100,000 shares at a weighted average price of $0.92 using personal funds. This transaction has increased his total beneficial ownership to 3,236,597 shares, representing 34.3% of the company's outstanding Class A Common Stock. The filing also details the voting and dispositive power Lamendola holds over the shares owned by the entities he manages. The Schedule 13D amendment serves to update the ownership information and does not modify any previous information reported. The filing also includes an explanatory note and a warrant agreement as an exhibit.
On January 16, 2024, Damien Lamendola, in his capacity as the manager and controlling person of HillCour Investment Fund, LLC and WellEnterprises USA, LLC, reported a significant increase in his beneficial ownership of Marpai, Inc.'s Class A Common Stock. According to the latest amendment to the Schedule 13D filed with the SEC, Lamendola purchased an additional 1,100,000 shares at a weighted average price of $0.92 using personal funds. This transaction has increased his total beneficial ownership to 3,236,597 shares, representing 34.3% of the company's outstanding Class A Common Stock. The filing also details the voting and dispositive power Lamendola holds over the shares owned by the entities he manages. The Schedule 13D amendment serves to update the ownership information and does not modify any previous information reported. The filing also includes an explanatory note and a warrant agreement as an exhibit.
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