Filing of Form S-4 and Mailing of Definitive Proxy Statement by Rosecliff Acquisition Corp. I

Filing of Form S-4 and Mailing of Definitive Proxy Statement by Rosecliff Acquisition Corp. I

LONDON, U.K. AND DALLAS, TX, U.S. – Spectral MD Holdings, Ltd. (AIM: SMD), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in wound care, notes the Form S-4 filing (the “filing”) by Rosecliff Acquisition Corp. I (“Rosecliff”, Nasdaq: RCLF) on May 2, 2023 which is available to view on the U.S. Securities and Exchange Commission (the “SEC”) website here.

On April 11, 2023, Spectral MD announced that it had entered into a business combination agreement with Rosecliff, a special purpose acquisition company listed on Nasdaq (the “Transaction”). The Form S-4 provides extensive information on the business combination agreement including financial statements, risk factors and the full terms of the Transaction to facilitate informed decision-making by shareholders and potential investors.

As part of the filing, Rosecliff will now commence mailing the definitive proxy statement to Rosecliff stockholders ahead of a special meeting to approve the Transaction. Spectral MD anticipates sending a Circular to shareholders ahead of a general meeting to approve the Transaction in Q3 2023.

The Form S-4 filed by Rosecliff was made to ensure compliance with SEC disclosure requirements in relation to the Transaction. Subsequently, this announcement is being made by the Company to ensure that all publicly available information regarding the Transaction and contained in the Form S-4 is available to the market.