Marpai, Inc. announced that it has entered into a Securities Purchase Agreement to issue 1,322,100 shares of Class A common stock at a purchase price of $0.9201 per share for the gross proceeds of $1,216,464.21 on January 16, 2024. The securities issued in the offering are exempt from the registration requirements of the Securities Act of 1933, as amended pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D promulgated thereunder. The transaction will include participation from returning investor HillCour Investment Fund, LLC and individual investors Yaron Eitan and Robert Pons.