Annual report pursuant to Section 13 and 15(d)

WARRANTS (Tables)

v3.22.1
WARRANTS (Tables)
12 Months Ended
Dec. 31, 2021
Class of Warrant or Right [Line Items]  
Schedule of warrant activities

Number of 

Common 

Exercise Price 

Weighted 

Shares 

Range Per

Average 

    

Warrants

    

 Share

    

Exercise Price

Balance at January 1, 2021

 

364,466

$

1.43

$

1.43

Granted

 

1,509,407

 

4.00 to 7.90

 

6.72

Forfeited

 

 

 

Exercised

 

(225,000)

 

4.00

 

4.00

Balance at December 31, 2021

 

1,648,873

$

1.43 to 7.90

$

5.92

Balance at January 1, 2020

 

$

$

Granted

 

364,466

 

1.43

 

1.43

Forfeited

 

 

 

Exercised

 

 

 

Balance at December 31, 2020

 

364,466

$

1.43

$

1.43

Marpai Health Warrants  
Class of Warrant or Right [Line Items]  
Schedule of assumptions used when calculating the issuance date fair value of warrants

Exercise price of the warrants

    

$

1.43

Contractual life of the warrants

 

5

years

Current value of the underlying common stock

$

2.13

Expected volatility

 

35.04

%

Expected dividend yield

 

0.00

%

Risk-free interest rate

 

1.69

%

Marpai Warrants  
Class of Warrant or Right [Line Items]  
Schedule of assumptions used when calculating the issuance date fair value of warrants

Exercise price of the warrants

    

$

4.00

Contractual life of the warrants

 

0.42

years

Current value of the underlying common stock

$

2.58

Expected volatility

 

40.08

%

Expected dividend yield

 

0.00

%

Risk-free interest rate

 

0.060

%

Exercise price of the warrants

    

$

5.00

    

Contractual life of the warrants

 

5

years

Current value of the underlying common stock

$

4.00

Expected volatility

 

40.08

%  

Expected dividend yield

 

0.00

%  

Risk-free interest rate

 

1.20

%