Summary by Moomoo AI
On January 16, 2024, Yaron Eitan, a dual citizen of the United States and Israel, filed an amendment to the Schedule 13D with the United States Securities and Exchange Commission, disclosing his beneficial ownership of 720,902 shares of Marpai, Inc.'s Class A Common Stock. This ownership represents 7.7% of the company's outstanding shares, based on 9,423,048 shares of Common Stock outstanding as of the same date. The shares include 601,454 shares held directly by Eitan, 56,948 shares issuable upon the exercise of warrants, and 62,500 shares obtainable through options. Eitan has sole voting and dispositive power over these securities. The filing indicates that the acquisition was made for business investment purposes, with Eitan having invested approximately $193,221 of his own capital to acquire 210,000 shares of the Common Stock. The Schedule 13D/A amends prior filings made on December 21, 2021, and November 24, 2023.