---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-060287"
form_type: "8-K"
ticker: "BEAT"
cik: "0001779372"
company_name: "HeartBeam, Inc."
filed_at: "2021-11-17T23:59:59+00:00"
generated_at: "2026-06-28T07:26:42.108068+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# HeartBeam completes $16.5M IPO; net proceeds $14.9M for ECG product development

## Summary
- IPO of 2.75M units at $6/unit; each unit includes one share and one warrant exercisable at $6 for 5 years.
- Gross proceeds $16.5M, net proceeds $14.9M after underwriting discounts and offering expenses.
- Common stock and warrants trade on Nasdaq under symbols BEAT and BEATW.
- Proceeds to fund FDA 510(k) clearance and commercial launch of ER and telehealth products.
- Granted 87k options to CBO John Hunt and 44k options to director George de Urioste at $4.25 strike, vesting over 48 months.

## SEC filing metadata
- accession: 0001213900-21-060287
- form_type: 8-K
- ticker: BEAT
- cik: 0001779372
- company_name: HeartBeam, Inc.
- filed_at: 2021-11-17T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779372/000121390021060287/0001213900-21-060287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779372/000121390021060287/ea150893-8k_heartbeaminc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-060287
- JSON: https://secwatch.observer/filing/0001213900-21-060287.json
- Plain text: https://secwatch.observer/filing/0001213900-21-060287.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.