SeaStar Medical raises ~$3.3M as holders exercise 854,002 warrants at reduced $3.866; issues 1.7M new warrants

SeaStar Medical Holding Corp

Holders exercised 854,002 Prior Warrants (issued June-August 2025 at $6.38-$7.62 strikes) at a reduced $3.866/share, raising ~$3.3M gross before fees.
New unregistered warrants for 1,708,004 shares at $3.616: Series A for 854,002 shares (5-year term) and Series B for 854,002 shares (18-month term), each from resale registration effectiveness.
H.C. Wainwright sole placement agent: 7.0% cash fee plus 1.0% management fee, $75,000 expenses and $15,950 clearing fee, plus 59,780 PA warrants at $4.8325.
Company must file resale registration within 30 days of Oct 2, 2026 and have it effective within 60 days (90 if full review); 30-day issuance standstill and 6-month ban on Variable Rate Transactions.
Closing occurred October 5, 2026; net proceeds earmarked for general corporate purposes, potentially working capital and capital expenditures.

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