Summary by Futu AI
The United States Securities and Exchange Commission (SEC) has declared the Form S-1 filed by Marpai, Inc. effective as of June 12, 2024, at 5:00 PM. The Form S-1 is a registration statement that companies must file with the SEC before they can proceed with an initial public offering (IPO) of their securities. The effectiveness of the form indicates that Marpai has met all the regulatory requirements necessary to move forward with its IPO.