secwatch.observer — SEC 8-K summary
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Issuer:     SeaStar Medical Holding Corp (ICU)
CIK:        0001831868
Form:       8-K
Filed at:   2024-06-11T23:59:59+00:00
Accession:  0000950170-24-071622
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

SeaStar Medical redeems $0.7M convertible notes, converts $1.3M into equity
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831868/000095017024071622/0000950170-24-071622-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831868/000095017024071622/icu-20240606.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-071622

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