secwatch.observer — SEC 8-K summary
======================================

Issuer:     SeaStar Medical Holding Corp (ICU)
CIK:        0001831868
Form:       8-K
Filed at:   2023-08-30T23:59:59+00:00
Accession:  0000950170-23-045472
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SeaStar Medical closes second tranche convertible note and warrant; adjusts conversion price on all notes
--------------------------------------------------------------------------------

- Issued second tranche convertible note principal $543,478.26 and warrant for 738,791 shares.
- Conversion price set to lowest of $0.20, prior day closing, or 5-day average for all existing notes.
- Received $500k additional subscription from institutional investor 3i, LP under $2M SPA amendment.
- Waived condition that VWAP > $0.20 for prior 10 trading days to close this tranche.
- Total notes issued under SPA now include prior closings from March, May, and August 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831868/000095017023045472/0000950170-23-045472-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831868/000095017023045472/icu-20230830.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-045472

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer