---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-004217"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T22:27:29.038859+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Beam Global to acquire Amiga for EUR 10M cash & stock; Q2 revenue guidance $15.5-17M

## Summary
- Binding LOI to acquire all of Amiga DOO, a Serbian maker of steel structures with electronic integration.
- Total consideration: EUR 7M cash (EUR 4.55M at close, EUR 2.45M by Dec 31, 2023) plus EUR 3M in common stock.
- Additional earnout shares tied to 2023 and 2024 revenue milestones (2x net revenue above thresholds).
- Stock issuance capped at 19.99% of outstanding shares; close expected Q3/Q4 2023 subject to diligence.
- Q2 2023 revenue expected $15.5M-$17.0M; 195-205 EV charging units.

## SEC filing metadata
- accession: 0001683168-23-004217
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316823004217/0001683168-23-004217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316823004217/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-004217
- JSON: https://secwatch.observer/filing/0001683168-23-004217.json
- Plain text: https://secwatch.observer/filing/0001683168-23-004217.txt

## Key facts
- Material Agreements
  Beam Global entered into LOI with all of the owners (the "Sellers") of Amiga DOO Kraljevo valued at EUR 4,550,000 at closing and (ii) EUR 2,450,000 on or before December 31, 2023 (effective 2023-06-12).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: all of the owners (the "Sellers") of Amiga DOO Kraljevo
  - Value: EUR 4,550,000 at closing and (ii) EUR 2,450,000 on or before December 31, 2023
  - Effective: 2023-06-12
  source text: On June 12, 2023, Beam Global (“Beam”) entered into a binding letter of intent (the “LOI”) with all of the owners (the “Sellers”) of Amiga DOO Kraljevo (“Amiga”), to acquire 100% of the equity of Amiga (the “Transaction”), a business located in Serbia and engaged in the manufacturing and distribution of steel structures with electronic integration, such as streetlights, cell towers, and ski lift towers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1398805/000168316823004217/0001683168-23-004217-index.htm

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