---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-035362"
form_type: "8-K"
ticker: "ICU"
cik: "0001831868"
company_name: "SeaStar Medical Holding Corp"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:11:22.709761+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LMF SPAC reports 8.88M shares redeemed; prepaid forward for up to 700K shares

## Summary
- 8,878,960 shares redeemed as of Oct 26; HB Strategies reversed 700,000 Recycled Shares and 50,000 Additional Shares.
- Prepaid forward with HB Strategies for up to 700,000 shares; Seller may purchase in open market or reverse redemptions.
- Prepayment Amount equals Number of Shares × redemption price, paid from trust account at closing.
- Vellar acquired 523,000 shares under separate prepaid forward, plus 100,000 Additional Shares.
- Maturity Date up to 3 years after closing; Reset Price starts at $10, adjusted monthly, floor $5.

## SEC filing metadata
- accession: 0001564590-22-035362
- form_type: 8-K
- ticker: ICU
- cik: 0001831868
- company_name: SeaStar Medical Holding Corp
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831868/000156459022035362/0001564590-22-035362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831868/000156459022035362/lmao-8k_20221026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-035362
- JSON: https://secwatch.observer/filing/0001564590-22-035362.json
- Plain text: https://secwatch.observer/filing/0001564590-22-035362.txt

## Key facts
- Material Agreements
  SeaStar Medical Holding Corp entered into Prepaid Forward Agreement with HB Strategies LLC (effective 2022-10-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: HB Strategies LLC
  - Effective: 2022-10-26
  source text: On October 26, 2022, LMF, SeaStar Medical and HB Strategies LLC (“ Seller ”) entered into an agreement (the “ Prepaid Forward Agreement ”) for an equity prepaid forward transaction
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831868/000156459022035362/0001564590-22-035362-index.htm

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