NEW YORK, Dec. 6, 2023 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administrator (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans, today announced that the Company received a notification letter (the "Notification Letter") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with Nasdaq's minimum bid price requirement and that the matter is closed.
About Marpai, Inc.
Marpai is a leading national TPA company bringing value-oriented health plan services to employers that directly pay for employee health benefits, primarily competing in the $22 billion TPA sector serving self-funded employer health plans representing over $1 trillion in annual claims. Marpai works to deliver the healthiest member population for the health plan budget. Operating nationwide, Marpai offers access to leading provider networks including Aetna and Cigna and all TPA services. For more information, visit www.marpaihealth.com, the content of which is not incorporated by reference into this press release.
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SOURCE Marpai
FAQ
What is the latest announcement from Marpai, Inc. (Nasdaq: MRAI)?
Marpai, Inc. (Nasdaq: MRAI) has regained compliance with Nasdaq's minimum bid price requirement, closing the matter.
What is the market focus of Marpai, Inc. (Nasdaq: MRAI)?
Marpai, Inc. (Nasdaq: MRAI) is an independent national Third-Party Administrator (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans.
What is the current stock symbol for Marpai, Inc.?
The current stock symbol for Marpai, Inc. is MRAI on the Nasdaq.
What is the significance of the Notification Letter received by Marpai, Inc. (Nasdaq: MRAI)?
The notification letter from Nasdaq indicates that Marpai, Inc. has regained compliance with Nasdaq's minimum bid price requirement.
What is the total value of the TPA market that Marpai, Inc. is involved in?
Marpai, Inc. is involved in transforming the $22 billion TPA market supporting self-funded employer health plans.
