secwatch.observer — SEC 8-K summary
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Issuer:     SeaStar Medical Holding Corp (ICU)
CIK:        0001831868
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0000950170-25-058860
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SeaStar Medical in $15M equity line with Lincoln Park Capital Fund
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- Lincoln Park committed to buy up to $15M of common stock over 36-month period.
- Company may direct up to 40k share purchases daily; limits rise with stock price thresholds.
- Purchase price set at 97% of a formula based on lowest sale price and average of three lowest closing prices.
- Company issued 236,406 commitment shares to Lincoln Park as consideration.
- Proceeds to be used for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831868/000095017025058860/0000950170-25-058860-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831868/000095017025058860/icu-20250425.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-058860

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