Marpai (MRAI) Company Report

Marpai has renewed its agreement to access the Aetna Signature Administrator (ASA) PPO network, ensuring continued broad, national access for its self-funded employer clients and their members.
The company will now offer the Aetna Faircost Optimizer as an integrated cost management tool, designed to help plan sponsors manage out-of-network claims costs and achieve maximum savings.
Marpai reports a better-than-expected sales cycle for 2026, securing a significant volume of new clients for January 1, 2026, which reinforces its path to scalable growth and previously guided profitability targets.

6 days ago

Marpai Reports Third Quarter 2025 Financial Results

MRAI

Earnings

Guidance Update

Marpai reported a 24% reduction in operating expenses to $3.8 million and a 9% improvement in operating loss to $2.8 million for the third quarter ended September 30, 2025, compared to the same period in 2024.
The company's net loss improved 2% to $3.5 million and Earnings Per Share strengthened by $0.10 for Q3 2025.
Marpai successfully completed a Private Investment in Public Equity (PIPE) transaction, raising $3.9 million in gross proceeds to support its financial trajectory and turnaround strategy.
The company remains on track to achieve profitability in the first quarter of 2026.

Nov 12, 2025, 10:39 PM

Marpai, Inc. Reports Q3 2025 Financial Results and Strategic Progress

MRAI

Earnings

Guidance Update

Marpai, Inc. reported Q3 2025 financial results with a net loss of $3.5 million and net loss per share of $(0.20), showing an improvement from a net loss of $3.6 million and net loss per share of $(0.30) in Q3 2024.
The company achieved a 24% reduction in operating expenses to $3.8 million and narrowed its operating loss by 9% to $2.8 million for the three months ended September 30, 2025, compared to the same period in 2024.
Revenue for Q3 2025 was $4,037 thousand, a decrease from $7,008 thousand in Q3 2024.
Marpai completed a Private Investment in Public Equity (PIPE) transaction, raising $3.9 million in gross proceeds to support its turnaround strategy.
The company expects to achieve profitability in the first quarter of 2026, citing robust sales momentum and client expansion.

Nov 12, 2025, 10:21 PM

Marpai Inc. Announces Private Placement of Common Stock and Warrants

MRAI

Marpai Inc. entered into a Securities Purchase Agreement on November 7, 2025, to issue and sell 3,850,000 shares of Class A common stock and warrants to purchase up to 7,700,000 shares of Common Stock in a private placement.
The purchase price for each share of Common Stock and accompanying Common Warrant is $1.00, with the warrants also having an exercise price of $1.00 per share and exercisable for three years.
The offering is expected to generate approximately $4 million in gross proceeds, which the company intends to use for working capital and general corporate purposes.
Purchasers in the offering include the Company’s Chief Operating Officer and President, the chairman of the Company’s board of directors, and certain directors of the Board.

Nov 12, 2025, 11:36 AM

Marpai Receives Additional Investment from CEO's Fund

MRAI

New Projects/Investments

Marpai, Inc. received an additional $200,000 investment from HillCour Investment Fund, LLC, an entity controlled by its Chief Executive Officer, Damien Lamendola.
This investment involved the purchase of 147,058 shares of common stock at a price of $1.36 per share.
The company plans to use the net proceeds for general corporate purposes, including accelerating product offerings, expanding its technology platform, and deepening market penetration.
This investment contributes to a total of $1.7 million raised in Q3 2025.

Oct 6, 2025, 8:04 PM

Marpai, Inc. Enters into Securities Purchase Agreement for Private Placement

MRAI

On September 30, 2025, Marpai, Inc. entered into a Securities Purchase Agreement.
The company agreed to issue and sell 147,058 shares of its Class A common stock in a private placement at a purchase price of $1.36 per share, totaling $200,000.88.
The purchaser is HillCour Investment Fund, LLC, an entity controlled by Marpai's Chief Executive Officer, Damien Lamendola.

Oct 6, 2025, 8:01 PM

Marpai, Inc. Announces Private Placement of Class A Common Stock

MRAI

On September 10, 2025, Marpai, Inc. (MRAI) entered into a Securities Purchase Agreement for a private placement of its Class A common stock.
The company agreed to issue and sell an aggregate of 1,038,519 shares at a purchase price of $1.0592 per share.
This private placement resulted in the sale of approximately $1,100,000.00 worth of shares.
Among the three investors, HillCour Investment Fund, LLC, an entity controlled by the Company’s Chief Executive Officer, Damien Lamendola, purchased 896,903 shares.