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Spectral AI Inc. (MDAI) Eyes $7.6M Capital Raise to Accelerate DeepView System Development

Spectral AI Inc. (NASDAQ:MDAI) is one of the best AI stocks to buy under 20.OnOctober23,thecompanyannouncedthepricingofa20. On October 23, the company announced the pricing of a 7.6 million offering to bolster its balance sheet. The raising of additional capital should help support the expansion and development of the company’s DeepView System. Spectral AI Inc. (MDAI) Eyes 7.6MCapitalRaisetoAccelerateDeepViewSystemDevelopmentIntheoffering,thecompanyistoissue4millionsharesofcommonstockat7.6M Capital Raise to Accelerate DeepView System Development In the offering, the company is to issue 4 million shares of common stock at 1.90 per share and corresponding warra ...