secwatch.observer — SEC 8-K summary
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Issuer:     HeartBeam, Inc. (BEAT)
CIK:        0001779372
Form:       8-K
Filed at:   2021-11-17T23:59:59+00:00
Accession:  0001213900-21-060287
Event type: other_material
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779372/000121390021060287/0001213900-21-060287-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779372/000121390021060287/ea150893-8k_heartbeaminc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-060287

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