---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-25-004764"
form_type: "8-K"
ticker: "BEEM"
cik: "0001398805"
company_name: "Beam Global"
filed_at: "2025-06-26T23:59:59+00:00"
generated_at: "2026-05-18T17:43:24.366257+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beam Global forms 50/50 JV with Platinum Group UAE for Middle East/ Africa markets

## Summary
- Beam Middle East LLC, a 50/50 JV with Platinum Group UAE, will sell/manufacture Beam's EV charging and energy storage products.
- Initial funding of ~$14k from Beam; 100% of profits go to Beam until its capital contributions are fully returned.
- Beam licenses its IP to the JV under a 5-year renewable agreement; termination possible if sales not started by Dec 31, 2025.
- JV targets Middle East and Africa; region's EV count projected to grow from 69k (2024) to 1.5M (2030), a 66.6% CAGR.
- Headquartered in Masdar City (Abu Dhabi); Platinum Group brings high-level government and industry relationships.

## SEC filing metadata
- accession: 0001683168-25-004764
- form_type: 8-K
- ticker: BEEM
- cik: 0001398805
- company_name: Beam Global
- filed_at: 2025-06-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1398805/000168316825004764/0001683168-25-004764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1398805/000168316825004764/beam_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-25-004764
- JSON: https://secwatch.observer/filing/0001683168-25-004764.json
- Plain text: https://secwatch.observer/filing/0001683168-25-004764.txt

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