{"schema_version":"secwatch.filing_event.v1","accession":"0001779372-23-000004","form_type":"8-K","ticker":"BEAT","cik":"0001779372","company_name":"HeartBeam, Inc.","filed_at":"2023-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.505146+00:00","generated_at":"2026-06-18T13:20:42.128021+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"HeartBeam enters up to $10M equity and convertible note facility with Maverick Capital","bullets":["Up to $5M common stock at 75% of VWAP; initial $500K drawdown on 6% convertible note issued March 1, 2023.","Convertible notes bear 6% interest, convertible at 75% of VWAP; shares registered on Form S-3.","Proceeds used for general corporate purposes and working capital; equity blocker limits beneficial ownership to 4.99%.","Drawdowns up to $500K each, with 5-trading-day pricing periods; facility expires May 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001779372-23-000004","json":"https://secwatch.observer/filing/0001779372-23-000004.json","markdown":"https://secwatch.observer/filing/0001779372-23-000004.md","text":"https://secwatch.observer/filing/0001779372-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1779372/000177937223000004/0001779372-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1779372/000177937223000004/beat-20230228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T13:20:42.128021+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"63b318f27c86d5020ee392fd525dfc06b2f0fbdd","claim":"HeartBeam, Inc. entered into SPA with Maverick Capital Partners, LLC valued at up to $5,000,000 (effective 2023-02-28).","evidence_excerpt":"On February 28, 2023, HeartBeam, Inc. (the “Company”) entered into a securities purchase agreement (the “SPA”) with Maverick Capital Partners, LLC (the “Investor”). Pursuant to the terms of the SPA, the Company agreed to sell, up to $5,000,000 (the “Shares”) of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) at 75% of the average calculated Volume Weighted Average Price (“VWAP”) per share during a Drawdown Pricing Period (as defined in the SPA).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1779372/000177937223000004/0001779372-23-000004-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Maverick Capital Partners, LLC"},{"label":"Value","value":"up to $5,000,000"},{"label":"Effective","value":"2023-02-28"}],"fact_type":"material_agreement"},{"claim_id":"7a12d3df13e32808d578564a3d6e964571710562","claim":"HeartBeam, Inc. entered into NPA with Maverick Capital Partners, LLC valued at up to $5,000,000 (effective 2023-02-28).","evidence_excerpt":"Additionally, in connection with the SPA, on February 28, 2023, the Company entered into a note purchase agreement (the “NPA”) with the Investor. Pursuant to the terms of the NPA, the Company agreed to sell, up to $5,000,000 principal amount of notes of the Company, bearing interest at 6% per annum (the “Convertible Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1779372/000177937223000004/0001779372-23-000004-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Maverick Capital Partners, LLC"},{"label":"Value","value":"up to $5,000,000"},{"label":"Effective","value":"2023-02-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}