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Spectral AI, Inc. Financial Insights Report: Common Stock & Redeemable Warrants Overview

$MDAI
Form 8-K
Filed on: 2024-12-23
Source
Spectral AI, Inc. Financial Insights Report: Common Stock & Redeemable Warrants Overview

Based on the provided XML section from the financial report, here are the key insights and information extracted:

  1. Entity Information:
  • Company Name: Spectral AI, Inc.
  • SEC CIK Number: 0001833498
  • Location: 2515 McKinney Avenue Suite 1000, Dallas, TX 75201
  • Contact Number: 972-499-4934
  1. Financial Instruments:
  • Common Stock:
    • Par Value: $0.0001 per share
    • Market Identifier: MDAI (NASDAQ)
  • Redeemable Warrants:
    • Description: Each whole warrant is exercisable for one share of Common Stock.
    • Exercise Price: $11.50 per share
    • Market Identifier: MDAIW (NASDAQ)
  1. Reporting Period:
  • The report is dated as of December 23, 2024.
  1. Contextual Information:
  • The financial data pertains to the specific context of common stock and redeemable warrants, indicating that the company is likely involved in equity financing or restructuring with these instruments.
  1. Units of Measurement:
  • All financial figures are reported in USD.
  • Shares are used as a unit for measuring the common stock and warrants.

The report appears to be a filing related to the company's equity structure, detailing the common stock and associated redeemable warrants available for investors. The low par value of the common stock suggests a potential focus on offering shares at a nominal cost, while the exercise price of the warrants indicates a premium above the par value for future equity conversion.

This information is essential for investors evaluating the company's equity offerings, financial health, and investment potential as of the specified reporting date.