---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-032264"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2026-10-07T11:00:16+00:00"
generated_at: "2026-10-12T16:02:26.753424+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Beam Global to buy Norway's ScoutDI for $24M base, up to $3.8M in 2026 earn-out

## Summary
- Beam Global agreed Oct 6, 2026 to acquire 100% of ScoutDI AS (Trondheim, Norway; org. no. 920 197 744), a supplier of inspection drones and data solutions for oil & gas and maritime.
- $24M Base Purchase Price: 90% cash and 10% in BEEM stock valued at the 5-day VWAP before signing; 15% of the base price ($3.6M) goes into escrow for 18 months.
- 2026 earn-out target $2.4M: nothing if ScoutDI revenue is below $3.5M, full $2.4M at $3.8M revenue, maximum $3.8M at $4.5M revenue.
- 2027 earn-out pays $2.00 per $1.00 of revenue above $4.0M; sellers may take earn-outs in cash or BEEM shares.
- Deal must close by the Nov 4, 2026 long-stop date and requires ScoutDI audited financials; stock issuance capped at 4,622,400 shares under Nasdaq Rule 5635, issued via Regulation S.

## SEC filing metadata
- accession: 0001437749-26-032264
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2026-10-07T11:00:16+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000143774926032264/0001437749-26-032264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000143774926032264/beem20261007_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-032264
- JSON: https://secwatch.observer/filing/0001437749-26-032264.json
- Plain text: https://secwatch.observer/filing/0001437749-26-032264.txt

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