Marpai, Inc. 8-K

What Happened Marpai, Inc. (MRAI) filed a Form 8‑K on May 1, 2026 disclosing an Amendment Agreement dated April 29, 2026 that extends the maturity dates on two promissory notes issued to its CEO, Damien Lamendola. The amendment pushes the due date for outstanding principal and interest from April 11, 2026 and May 10, 2026 to September 1, 2026; all other note terms remain unchanged.

Key Details

• Original promissory note (issued Feb 13, 2026): $410,000 principal, 12% annual interest, original maturity April 11, 2026.
• Second promissory note (issued Mar 9, 2026): $250,000 principal, 12% annual interest, original maturity May 10, 2026.
• Amendment Agreement dated April 29, 2026 extends maturity for outstanding principal and interest on both notes to September 1, 2026.
• Holder of both notes is Damien Lamendola, the Company’s Chief Executive Officer (related‑party transaction). The full amendment is filed as Exhibit 10.1.

Why It Matters This is a related‑party debt amendment: the company has delayed near‑term cash obligations to its CEO, extending when it must repay roughly $660,000 plus accrued interest. For investors, the amendment affects Marpai’s short‑term liquidity timeline and highlights the company’s use of CEO‑provided financing rather than immediate external funding or cash. The filing is informational and does not change interest rates or other terms beyond the maturity dates.