Marpai, Inc. (MRAI) Prices 6.25M Share IPO at $4/sh
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Marpai, Inc. Announces Pricing of Initial Public Offering
October 26, 2021 6:03 PM EDTTAMPA, Fla.--(BUSINESS WIRE)-- Marpai, Inc. (the Company) (Nasdaq: MRAI), a deep learning technology company transforming third party administration in the healthcare self-funded market, today announced the pricing of its initial public offering of 6,250,000 shares of its common stock at a public offering price of $4.00 per share, for gross proceeds of $25 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 937,500 shares of common stock to cover over-allotments at the initial public offering price, less the... More
