Michael DiMaio - Sep 11, 2023 Form 3 Insider Report for Spectral AI, Inc. (RCLF)

Role
10%+ Owner
Signature
/s/ John Michael DiMaio
Stock symbol
RCLF
Transactions as of
Sep 11, 2023
Transactions value $
$0
Form type
3
Date filed
9/18/2023, 04:00 PM
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RCLF COMMON STOCK 2.48M Sep 11, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 11, 2023, Spectral AI, Inc., a Delaware corporation formerly known as Rosecliff Acquisition Corp. I (the "Issuer") and Spectral MD Holdings Ltd ("Spectral") consummated the business combination (the "Business Combination") pursuant to that certain business combination agreement, dated April 11, 2023 (as amended, the "Business Combination Agreement"). In connection with the closing of the Business Combination (the "Closing"), each 10.31 shares of common stock of Spectral outstanding immediately prior to the Closing were exchanged for one share of common stock of the Issuer, par value $0.0001 (the "Common Stock"). The Reporting Person received these shares of Common Stock in connection with the Closing for no additional consideration.