other material
confidence high
sentiment neutral
materiality 0.50
SeaStar Medical redeems $0.7M convertible notes, converts $1.3M into equity
SeaStar Medical Holding Corp
- Redeemed $0.7M of Investor D convertible notes at 200% of Conversion Amount per prior agreement.
- Converted $0.6M principal and $0.7M interest/make-whole into 2,321,429 (92,858 post-split) common shares.
- All Investor D notes are now retired; Investor D retains warrants for 3,158,086 (126,323 post-split) shares.
- Warrants have weighted-average exercise price of $0.55 ($13.75 post-split).