Spectral AI, Inc. (MDAI) Reprices Public Warrants

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Go back to Spectral AI, Inc. (MDAI) Reprices Public Warrants

Spectral AI Announces Repricing of its Public Warrants

November 26, 2024 10:17 AM EST

DALLAS, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Spectral AI (NASDAQ: MDAI) (Spectral AI or the Company), an artificial intelligence (AI) company focused on revolutionizing medical diagnostics to enable faster, more accurate treatment decisions in wound care, today announced the repricing of its 8,433,333 publicly-traded common share purchase warrants with an exercise price of $11.50 per share to $2.75 per share, effective following its twenty day notice requirement. The warrants currently trade on NASDAQ under the symbol MDAIW.

Pursuant to the terms of the Warrant Agreement, each warrant entitles the registered holder to purchase shares of... More