---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007358"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T13:47:29.081421+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beam Global closes acquisition of Amiga for EUR 7M cash plus stock, creates Beam Europe

## Summary
- Acquired Amiga DOO Kraljevo (Serbia) for EUR 7M total consideration: EUR 4.55M cash at close, EUR 2.45M by Dec 31, plus 277,383 shares and additional 149,360 shares.
- Amiga will be rebranded as Beam Europe; 2022 revenue > EUR 8.5M, positive cash flow, 210 employees, serves 16 nations.
- Earnout: sellers eligible for additional shares if Amiga revenue exceeds EUR 13.5M in 2024 or EUR 18.225M in 2025.
- Acquisition expected to be accretive and fast-track European market entry given EU zero-emission mandates by 2035.

## SEC filing metadata
- accession: 0001683168-23-007358
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316823007358/0001683168-23-007358-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316823007358/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007358
- JSON: https://secwatch.observer/filing/0001683168-23-007358.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007358.txt

## Key facts
- M&A Transactions
  Beam Global completed an acquisition involving Amiga DOO Kraljevo for EUR 4,550,000 at closing and will pay the Sellers EUR 2,450,000 on or before December 31, 2023 (closed 2023-10-20).
  - Action: acquisition
  - Counterparty: Amiga DOO Kraljevo
  - Consideration: EUR 4,550,000 at closing and will pay the Sellers EUR 2,450,000 on or before December 31, 2023
  - Closing: 2023-10-20
  source text: On October 20, 2023, Beam Global (“Beam”) completed its previously announced acquisition of Amiga DOO Kraljevo (“Amiga”) , pursuant to a Share Sale and Purchase Agreement dated October 6, 2023 (the “Purchase Agreement”) by and among Beam and the owners of Amiga (the “Sellers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1398805/000168316823007358/0001683168-23-007358-index.htm

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