MRAI 13G/A shows 3.10% held via shared voting power

Rhea-AI Filing Summary

Marpai, Inc. filed an amended Schedule 13G reporting that investment adviser Christopher M. Plahm has beneficial ownership of 572,359 shares of common stock, representing 3.10% of the class as of December 31, 2024. The filing shows shared voting power over these shares and no sole voting or dispositive power.

Holdings are attributed to advisory clients including Tall Pines Capital, LLC with 545,759 shares (2.96%) and Stonebridge Wealth Management, LLC with 26,600 shares (0.14%). The certification states the securities were not acquired to change or influence control.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

MARPAI, INC.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

571354109

(CUSIP Number)

12/31/2024

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 571354109

1

Names of Reporting Persons

TALL PINES CAPITAL, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 545,759.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

545,759.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.96 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

CUSIP No. 571354109

1

Names of Reporting Persons

STONEBRIDGE WEALTH MANAGEMENT, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 26,600.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

26,600.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.14 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MARPAI, INC.
(b)	Address of issuer's principal executive offices: 615 CHANNELSIDE DR, SUITE 207, TAMPA, FL, 33602
Item 2.
(a)	Name of person filing: CHRISTOPHER M. PLAHM
(b)	Address or principal business office or, if none, residence: 1010 JORIE BLVD, SUITE 144, OAK BROOK, IL 60523
(c)	Citizenship: USA
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 571354109
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 572,359
(b)	Percent of class: 3.10 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 572,359
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TALL PINES CAPITAL, LLC

Signature:	/s/ CHRISTOPHER M PLAHM
Name/Title:	INVESMENT ADVISER
Date:	10/21/2025

STONEBRIDGE WEALTH MANAGEMENT, LLC

Signature:	/s/ CHRISTOPHER M PLAHM
Name/Title:	INVESTMENT ADVISER
Date:	10/21/2025

FAQ

What did Marpai (MRAI) disclose in this Schedule 13G/A?

An investment adviser reported beneficial ownership of 572,359 shares, or 3.10% of Marpai’s common stock as of December 31, 2024.

Who is the reporting person in the Marpai (MRAI) 13G/A?

The filing lists Christopher M. Plahm as an Investment Adviser with shared voting power over the reported shares.

How are the Marpai (MRAI) shares allocated among advisory clients?

Advisory clients include Tall Pines Capital, LLC with 545,759 shares (2.96%) and Stonebridge Wealth Management, LLC with 26,600 shares (0.14%).

What voting and dispositive powers are reported for the Marpai (MRAI) stake?

The filing shows shared voting power over 572,359 shares and no sole voting or dispositive power.

Does the Marpai (MRAI) 13G/A indicate an intent to influence control?

No. The certification states the securities were not acquired to change or influence control.