Intelligent Fanatics Capital Management LLC - 03 Dec 2024 Form 3 Insider Report for Marpai, Inc. (MRAI)

Role: 10%+ Owner
Signature: /s/ Ian Cassel, on behalf of himself and each other reporting person hereunder
Issuer symbol: MRAI
Transactions as of: 03 Dec 2024
Net transactions value: $0
Form type: 3
Filing time: 02 Jan 2025, 09:41:02 UTC
Next filing: 17 Oct 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MRAI	Common Shares, par value $0.0001						1,864,707	03 Dec 2024	See Footnotes	F1, F2
holding	MRAI	Common Shares, par value $0.0001						1,864,707	03 Dec 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Intelligent Fanatics Capital Management LLC (IFCM) is the general partner of IFCM MicroCap Fund LP (Fund). The securities reported in this form are held directly by the Fund and indirectly by IFCM and Mr. Cassel (see footnote 2).
F2	Mr. Cassel is the sole managing member of IFCM. Mr. Cassel has shared voting and investment power with respect to, and therefore may be deemed to be the beneficial owner of, the shares beneficially owned by the Fund. Mr. Cassel disclaims beneficial ownership of the shares beneficially owned by the Fund, other than the shares attributable to his limited and general partnership interest therein.