On August 28, 2024, Marpai Inc., a company listed on the OTCQX Market under the trading symbol MRAI, announced the entry into a Securities Purchase Agreement with two investors, including HillCour Investment Fund, LLC, which is controlled by Marpai's CEO, Damien Lamendola. Under the agreement, Marpai Inc. agreed to issue and sell 2,702,702 shares of its Class A common stock at a price of $0.481 per share. HillCour Investment Fund, LLC purchased 1,351,351 shares as part of this private placement. The shares sold in this offering are exempt from registration under the Securities Act of 1933, according to Section 4(a)(2) and Rule 506(b) of Regulation D. The sale of these securities is subject to certain restrictions, including the requirement that they may not be sold in the U.S. without registration or an exemption from registration requirements. The details of the Securities Purchase Agreement were included as Exhibit 10.1 in the Current Report on Form 8-K filed by Marpai Inc.

On August 28, 2024, Marpai Inc., a company listed on the OTCQX Market under the trading symbol MRAI, announced the entry into a Securities Purchase Agreement with two investors, including HillCour Investment Fund, LLC, which is controlled by Marpai's CEO, Damien Lamendola. Under the agreement, Marpai Inc. agreed to issue and sell 2,702,702 shares of its Class A common stock at a price of $0.481 per share. HillCour Investment Fund, LLC purchased 1,351,351 shares as part of this private placement. The shares sold in this offering are exempt from registration under the Securities Act of 1933, according to Section 4(a)(2) and Rule 506(b) of Regulation D. The sale of these securities is subject to certain restrictions, including the requirement that they may not be sold in the U.S. without registration or an exemption from registration requirements. The details of the Securities Purchase Agreement were included as Exhibit 10.1 in the Current Report on Form 8-K filed by Marpai Inc.