- MultiSensor AI Holdings, Inc. (MSAI) announced the pricing of a private placement to raise approximately **$14.0 million** in gross proceeds, before deducting placement agent fees and offering expenses.  **[1863990_0001104659-25-104389_tm2529555d1_ex99-1.htm:0]** 
- The offering involves the sale of **34,229,826 shares** of common stock and warrants to purchase **68,459,652 shares** of common stock or equivalents at an offering price of **$0.409 per share** and accompanying warrants.  **[1863990_0001104659-25-104389_tm2529555d1_ex99-1.htm:0]** 
- An initial closing occurred on **October 30, 2025**, generating **$2.85 million** in gross proceeds from the issuance of **6,970,890 shares** of common stock and warrants to purchase up to **13,941,780 shares** of common stock.  **[1863990_0001104659-25-104389_tm2529555d1_8k.htm:2]** 
- The balance of the offering is expected to close in **December 2025**, subject to requisite stockholder approval; if this approval is not obtained by **February 28, 2026**, investors will be refunded for the remaining amounts.  **[1863990_0001104659-25-104389_tm2529555d1_ex99-1.htm:0]** **[1863990_0001104659-25-104389_tm2529555d1_8k.htm:2]** 
- The company intends to use the net proceeds for **working capital** and other general corporate purposes, including driving **strategic growth initiatives** and advancing the **MSAI Connect platform**.  **[1863990_0001104659-25-104389_tm2529555d1_ex99-1.htm:0]** **[1863990_0001104659-25-104389_tm2529555d1_8k.htm:2]**

MultiSensor AI Holdings (MSAI)