---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-004364"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2023-06-23T23:59:59+00:00"
generated_at: "2026-06-13T17:49:13.561034+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Beam Global raises ~$27.5M in public offering of 2.66M shares at $9.00; proceeds fund acquisition and working capital

## Summary
- Offered 2,663,044 shares plus full exercise of 399,456-share option at $9.00 per share for gross proceeds ~$27.5M.
- Net proceeds: ~$7.5M to fund cash portion of acquisition of Amiga DOO Kraljevo; remainder for working capital and growth.
- Underwriters: Maxim Group LLC and Freedom Capital Markets; 120-day lock-up for company, officers, and directors.
- Offering closed June 22, 2023; shares issued under effective shelf registration statement on Form S-3.
- Use of proceeds includes product development and general corporate purposes; offering priced June 19, 2023.

## SEC filing metadata
- accession: 0001683168-23-004364
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2023-06-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316823004364/0001683168-23-004364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316823004364/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-004364
- JSON: https://secwatch.observer/filing/0001683168-23-004364.json
- Plain text: https://secwatch.observer/filing/0001683168-23-004364.txt

## Key facts
- Material Agreements
  Beam Global entered into Underwriting Agreement with Maxim Group LLC and Freedom Capital Markets valued at gross proceeds of approximately $27.5 million (effective 2023-06-19).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Maxim Group LLC and Freedom Capital Markets
  - Value: gross proceeds of approximately $27.5 million
  - Effective: 2023-06-19
  source text: On June 19, 2023, Beam Global (the “Company”), entered into an Underwriting Agreement, as amended and restated on June 20, 2023 (the “Underwriting Agreement”), with Maxim Group LLC and Freedom Capital Markets (the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters in an underwritten public offering (the “Offering”) an aggregate of 2,663,044 shares (the “Shares”) of common stock, $0.001 par value per share, of the Company (the “Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1398805/000168316823004364/0001683168-23-004364-index.htm

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