secwatch.observer — SEC 8-K summary
======================================

Issuer:     SeaStar Medical Holding Corp (ICU)
CIK:        0001831868
Form:       8-K
Filed at:   2026-10-05T20:20:28+00:00
Accession:  0001437749-26-032035
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831868/000143774926032035/0001437749-26-032035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831868/000143774926032035/icu20261003c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-032035

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