---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-007743"
form_type: "8-K/A"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T06:21:44.193692+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 Amiga acquisition, forms Beam Europe; EUR 7M cash + 452K shares

## Summary
- Paid EUR 4.55M at closing; EUR 2.45M due by Dec 31, 2023; issued 293,675 shares + 158,132 future shares.
- Amiga reported >EUR 8.5M revenue in 2022, positive cash flow, ~210 employees in Serbia.
- Earnout: up to 2x revenue above EUR 13.5M in 2024 and 2x above EUR 18.225M or 135% of 2024 revenue in 2025.
- Acquisition marks entry into EU market; Amiga will be rebranded as Beam Europe.
- CEO expects deal to be accretive; Amiga's manufacturing and engineering team boosts capacity.

## SEC filing metadata
- accession: 0001683168-23-007743
- form_type: 8-K/A
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2023-11-09T23:59:59+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/1398805/000168316823007743/0001683168-23-007743-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316823007743/beam_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-007743
- JSON: https://secwatch.observer/filing/0001683168-23-007743.json
- Plain text: https://secwatch.observer/filing/0001683168-23-007743.txt

## Key facts
- M&A Transactions
  Beam Global completed an acquisition involving Amiga DOO Kraljevo (the Sellers) for EUR 4,550,000 at closing and will pay the Sellers EUR 2,450,000 on or before December 31, 2023; Beam issued to the Sellers 293,675 shares of our common stock an (closed 2023-10-20).
  - Action: acquisition
  - Counterparty: Amiga DOO Kraljevo (the Sellers)
  - Consideration: EUR 4,550,000 at closing and will pay the Sellers EUR 2,450,000 on or before December 31, 2023; Beam issued to the Sellers 293,675 shares of our common stock an
  - Closing: 2023-10-20
  source text: On October 20, 2023, Beam Global (“Beam”) completed its previously announced acquisition of Amiga DOO Kraljevo (“Amiga”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1398805/000168316823007743/0001683168-23-007743-index.htm

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