---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-006204"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:12:43.270102+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Beam Global acquires Serbian power electronics firm Telcom for EUR 815K in cash and stock

## Summary
- Purchase price EUR 815,298: EUR 430K cash + 82,506 shares; earnout up to EUR 250K in additional shares based on revenue milestones.
- Telcom had ~EUR 500K positive working capital at close; net cash cost to Beam ~EUR 315K.
- Telcom reported over EUR 600K revenue in 2023; Beam expects growth in 2024 and cross-selling to Telcom's existing customers.
- Acquisition continues Beam's vertical integration strategy after AllCell (2022) and Amiga (2023) acquisitions.
- Beam aims to replace third-party power electronics with proprietary solutions to reduce costs and warranty issues.

## SEC filing metadata
- accession: 0001683168-24-006204
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316824006204/0001683168-24-006204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316824006204/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-006204
- JSON: https://secwatch.observer/filing/0001683168-24-006204.json
- Plain text: https://secwatch.observer/filing/0001683168-24-006204.txt

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