Marpai, Inc. (MRAI) Prices 7.4M Share Offering at $1/sh
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Marpai, Inc. Announces Pricing of Public Offering
April 17, 2023 6:15 AM EDTNEW YORK--(BUSINESS WIRE)-- Marpai, Inc. (Marpai or the Company) (Nasdaq: MRAI) a technology company using artificial intelligence (A.I.) to transform health plans for employers that self-fund their healthcare, today announced the pricing of an underwritten public offering of 7,400,000 shares of its common stock at a public offering price of $1.00 per share, for gross proceeds of approximately $7,400,000, before deducting underwriting discounts and offering expenses.
The offering is expected to close on April 19, 2023, subject to satisfaction of customary closing conditions.
ThinkEquity is acting as the sole book-running manager for the... More
