secwatch.observer — SEC 8-K summary
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Issuer:     SeaStar Medical Holding Corp (ICU)
CIK:        0001831868
Form:       8-K
Filed at:   2024-06-07T23:59:59+00:00
Accession:  0000950170-24-070915
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SeaStar Medical announces 1-for-25 reverse stock split to regain Nasdaq compliance
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- Reverse stock split at 1:25 ratio effective June 7, 2024; trading on split-adjusted basis from June 10, 2024 under symbol ICU.
- Post-split shares outstanding approximately 3.1 million; no fractional shares issued (rounded up to whole share).
- Purpose: to increase share price and regain compliance with Nasdaq's $1.00 minimum bid price requirement.
- All outstanding stock options, warrants, and convertible securities proportionally adjusted in accordance with the split ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831868/000095017024070915/0000950170-24-070915-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831868/000095017024070915/icu-20240607.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-070915

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