Highlights Urgent Need for An Independent Director Perspective to Address Genco's Persistent Underperformance and Unlock Value for Shareholders Outlines Concerns with Chairman James Dolphin's Outsized Influence in the Genco Boardroom Urges Shareholders to Vote FOR the Election of GK Investor Nominee Robert Pons on the BLUE Universal Proxy Card and WITHHOLD on Genco Board Chairman James Dolphin GK Investor LLC ("GK"), an affiliate of George Economou that is an approximately 5.3% shareholder of Genco Shipping & Trading Limited ("Genco" or the "Company") (NYSE:GNK), today announced that it has filed its definitive proxy statement with the U.S. Securities and Exchange Commission in connec

Accomplished Industry Veteran with Proven Track Record of Successful High Growth Operations to support Marpai's vision of Affordable, Intelligent, Healthcare NEW YORK, Jan. 12, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (NASDAQ:MRAI), an independent national Third-Party Administration company transforming the $22 billion TPA market supporting self-funded employer health plans, today announced the appointment of John Powers as the Company's President. Powers is an accomplished healthcare benefits executive with over 30 years' experience. Powers was previously CEO of Homestead Smart Health Plans. Powers brings deep operations knowledge and an extensive industry network devel

NEW YORK, Dec. 13, 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 the addition of two new members to its Board of Directors (the "Board") as part of the Company's ongoing transformation plan and commitment to strong corporate governance and shareholder value creation. Effective December 7, 2023, Jennifer Calabrese and Robert Pons joined Marpai's Board as new independent directors. In addition, the Board will also implement a strategic plan designed to enhance the Company's performance and drive shar

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Turnaround continues to gain traction TAMPA, Fla., Nov. 11, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX:MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, announced financial results for the third quarter of 2024. The Company expects to hold a webcast to discuss the results on November 12, 2024. Q3 2024 Financial Highlights: Net revenues were approximately $7.0 million for the three months ended September 30, 2024, down $1.7 million, or 20% lower year ove

TAMPA, Fla., Nov. 8, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX:MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries. We're transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans. The Company will host a conference call and webcast on Tuesday, November 12 at 8:30 a.m. ET to present the Company's operational and financial highlights for its third quarter 2024. The Company will report its third quarter results on Monday after the market close. Event: Marpai Third Quarter Financial Results Conference Call Date: November 12, 20

Company continues to grow with new business leveraging regional success in the southeast TAMPA, Fla., Aug. 27, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX:MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries. We're transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans. The Company announced that it has closed a new contract with a client which is set to begin on September 1st. Marpai once again is strengthening its client base in the southeast this time with a partner based in Florida, bringing nearly 1,500 employee lives w

Company continues to drive towards profitability TAMPA, Fla., Aug. 7, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX:MRAI), a technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, announced financial results for the second quarter of 2024. The Company expects to hold a webcast to discuss the results on August 8, 2024. Q2 2024 Financial Highlights: Net revenues were approximately $7.2 million for the three months ended June 30, 2024, down $2.9 million, or 28% lower year

TAMPA, Fla., Aug. 2, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries. We're transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans. The Company will host a conference call and webcast on Thursday, August 8 at 8:30 a.m. ET to answer questions about the Company's operational and financial highlights for its second quarter 2024. The Company will report its second quarter results on Wednesday after the market close. Event: Marpai Second Quarter Financial Results Conference Call D

TAMPA, Fla., July 16, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX:MRAI), an independent national Third-Party Administration company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, today announced that its President John Powers, a recognized thought leader, has been asked to be a featured speaker at three of the industry's most prestigious conferences. Powers will share his expertise at the following events:      1.    HCAA TPA University (July 15-17, St. Louis) Premier event for third-party administrators and self-funded industry professionalsFocus: Winning in the Transparent Marketplace:

NEW YORK, May 29, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Marpai, Inc. (OTCQX:MRAI), an independent national Third-Party Administration (TPA) company, has qualified to trade on the OTCQX® Best Market. Marpai, Inc. previously traded on NASDAQ. Marpai, Inc. begins trading today on OTCQX under the symbol "MRAI." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements

Move reduces cost and burdens of Nasdaq listing TAMPA, Fla., May 24, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (NASDAQ:MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, today announced it has informed The Nasdaq Stock Market LLC of its intention to withdraw from the Nasdaq hearings process and transition the listing of its Class A common shares, par value $0.0001 per share (the "Shares"), from The Nasdaq Capital Market ("Nasdaq") and have the Shares quoted on the OTCQX Market ("OTCQX"). The Company provided notice of the wit

Reduces Operating Expense by over $5 million and Net Loss by over 50% compared to 2023 TAMPA, Fla., May 9, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (NASDAQ:MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, today announced financial results for the first quarter of 2024. The Company expects to hold a webcast to discuss the results on May 10, 2024. Q1 2024 Financial Highlights: Net revenues were approximately $7.4 million for the three months ended March 31, 2024, down $2.3 million, or 24% lower year over year, compared to th

TAMPA, Fla., May 3, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (NASDAQ:MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, will host a conference call and webcast on Friday, May 10 at 8:30 a.m. ET to answer questions about the Company's operational and financial highlights for its first quarter 2024. The Company will report its first quarter results on Thursday after the market close. Event: Marpai First Quarter Financial Results Conference Call Date: May 10, 2024 Time: 8:30 a.m. Eastern Time Live Call:    US: 1-646-357-8785 / T

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U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling more than 250 points on Tuesday. The Dow traded down 0.69% to 38,798.34 while the NASDAQ rose 0.41% to 16,990.44. The S&P 500 also fell, dropping, 0.11% to 5,298.87. Check This Out: This Airbnb Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday Leading and Lagging SectorsInformation technology shares jumped by 1.5% on Tuesday. In trading on Tuesday, health care shares fell by 1.4%. Top Headline Shares of Elbit Systems Ltd. (NASDAQ:ESLT) fell around 2.5% on Tuesday after the company reported results for the first quarter. The company reported first-quarter FY24 revenue of $1.554 b

Shares of Applied DNA Sciences, Inc. (NASDAQ:APDN) fell sharply during Tuesday's session after the company announced the pricing of a $12 million public offering. Applied DNA Sciences shares tumbled 67.5% to $0.6468 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Sharps Technology, Inc. (NASDAQ:STSS) shares climbed 207% to $0.6579 after jumping around 13% on Friday. Insmed Incorporated (NASDAQ:INSM) jumped 110% to $46.20 after the company announced topline results from ASPEN Phase 3 study met its primary endpoint. Pineapple Energy Inc. (NASDAQ:PEGY) shares gained 91.5% to $0.3411 after the company on Friday announced its SUNation subsidiar

U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 100 points on Tuesday. The Dow traded down 0.36% to 38,928.04 while the NASDAQ rose 0.48% to 17,001.83. The S&P 500 also rose, gaining, 0.04% to 5,306.91. Check This Out: This Airbnb Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday Leading and Lagging SectorsInformation technology shares jumped by 1.2% on Tuesday. In trading on Tuesday, health care shares fell by 1.2%. Top Headline Shares of GameStop Corp. (NYSE:GME) jumped around 24% on Tuesday after the company announced late Friday that it had completed its previously disclosed "at-the-market" (ATM) equity offering, sel

U.S. stocks traded mixed this morning, with the Dow Jones index falling around 100 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.25% to 38,970.85 while the NASDAQ rose 0.15% to 16,945.48. The S&P 500 also fell, dropping, 0.01% to 5,304.12. Check This Out: This Airbnb Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday Leading and Lagging SectorsEnergy shares jumped by 1% on Tuesday. In trading on Tuesday, health care shares fell by 0.9%. Top Headline The S&P CoreLogic Case-Shiller home price index rose by 7.4% year-over-year in March versus 7.3% in the previous month. Equities Trading UP                        Sharps Technology

Shares of GameStop Corp. (NYSE:GME) rose sharply in today's pre-market trading after the company announced it has completed its at-the-market equity offering program, which was previously announced. The company sold 45 million shares under the plan with aggregate gross proceeds of $933.4 million. GameStop shares jumped 17.6% to $22.35 in the pre-market trading session. Here are some other stocks moving in pre-market trading. Gainers Sharps Technology, Inc. (NASDAQ:STSS) rose 131.2% to $0.4954 in today's pre-market trading after jumping around 13% on Friday. Calliditas Therapeutics AB (NASDAQ:CALT) shares gained 74.6% to $38.10 in pre-market trading after the company's boar

Marpai (NASDAQ:MRAI) reported quarterly losses of $(0.46) per share which beat the analyst consensus estimate of $(0.49) by 6.12 percent. This is a 72.62 percent increase over losses of $(1.68) per share from the same period last year. The company reported quarterly sales of $7.385 million which missed the analyst consensus estimate of $8.700 million by 15.11 percent. This is a 23.65 percent decrease over sales of $9.672 million the same period last year.

These initiatives are expected to generate $3 million in annual savings and position the Company for continued financial strength.

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