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Marpai | 8-K: Current report

SEC announcement ·  Mar 8 09:30
Summary by Moomoo AI
On March 7, 2024, Marpai Inc., a company listed on the Nasdaq Stock Market under the symbol MRAI, announced the entry into a Securities Purchase Agreement with HillCour Investment Fund, LLC. The agreement, led by the company's CEO Damien Lamendola, involves the private placement sale of 910,000 shares of Marpai's Class A common stock at a price of $1.65 per share. This transaction is exempt from registration under the Securities Act of 1933, according to Section 4(a)(2) and Rule 506(b) of Regulation D. The shares may not be sold in the U.S. without registration or an exemption. The details of the Securities Purchase Agreement are disclosed in the company's Form 8-K filed with the SEC, with a copy of the agreement attached as Exhibit 10.1.
On March 7, 2024, Marpai Inc., a company listed on the Nasdaq Stock Market under the symbol MRAI, announced the entry into a Securities Purchase Agreement with HillCour Investment Fund, LLC. The agreement, led by the company's CEO Damien Lamendola, involves the private placement sale of 910,000 shares of Marpai's Class A common stock at a price of $1.65 per share. This transaction is exempt from registration under the Securities Act of 1933, according to Section 4(a)(2) and Rule 506(b) of Regulation D. The shares may not be sold in the U.S. without registration or an exemption. The details of the Securities Purchase Agreement are disclosed in the company's Form 8-K filed with the SEC, with a copy of the agreement attached as Exhibit 10.1.
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