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

Issuer:     SeaStar Medical Holding Corp (ICU)
CIK:        0001831868
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001564590-22-035362
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831868/000156459022035362/0001564590-22-035362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831868/000156459022035362/lmao-8k_20221026.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-035362

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