Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On July 28, 2022, LMF Acquisition Opportunities, Inc., a Delaware corporation ("LMAO") amended and restated its existing unsecured promissory note to LMFAO Sponsor, LLC, a Florida limited liability company (the "Sponsor"), dated as of February 1, 2022 (the "Original Note"), to increase the aggregate principal amount from $500,000 to $1,750,000 (the "Amended Note"). The proceeds of the Amended Note, which may be drawn down from time to time until LMAO consummates its initial business combination, will be used to fund expenses relating to LMAO's initial business combination.

The Amended Note bears no interest and is payable in full on the date that LMAO consummates its initial business combination with one or more businesses. No amount shall be due under the Amended Note if an initial business combination is not consummated on or before the 24th anniversary of LMAO's initial public offering. The issuance of the Original Note, and the amendment to the Original Note, were made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. As of July 29, 2022, LMAO had drawn down an aggregate of $910,000 under the Amended Note to pay for offering expenses.

A copy of the Amended Note is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The disclosures set forth in this Item 2.03 are intended to be summaries only and are qualified in their entirety by reference to the Amended Note.

Item 8.01. Other Events.

On July 29, 2022, LMAO issued a press release announcing that its board of directors has elected to extend the date by which LMAO has to consummate a business combination from July 29, 2022 to October 29, 2022 (the "Extension"), as permitted under LMAO's Amended and Restated Certificate of Incorporation. In connection with the Extension, the Sponsor has notified LMAO that it has caused to be deposited an aggregate of $1,035,000 (representing $0.10 per public share) into LMAO's trust account on or before July 29, 2022. This deposit will be made in respect of a non-interest bearing loan to LMAO (the "Extension Loan"). If LMAO completes an initial business combination by October 29, 2022, LMAO will, at the option of the Sponsor, (i) repay the Extension Loan out of the proceeds of LMAO's trust account released to LMAO, or (ii) convert a portion or all of the Extension Loan into warrants of LMAO at a price of $1.00 per warrant, which warrants will be identical to the private placement warrants issues to the Sponsor at the time of the IPO. If LMAO does not complete its initial business combination by October 29, 2022, LMAO will only repay the Extension Loan from funds held outside of its trust account. The Extension provides LMAO with additional time to complete its proposed business combination with SeaStar Medical, Inc., a medical technology company developing proprietary solutions to reduce the consequences of hyperinflammation on vital organs.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.



  (d) Exhibits.



Exhibit
Number         Description
10.1             Amended and Restated Promissory Note, dated July 28, 2022, issued
               by LMF Acquisition Opportunities, Inc. to LMFAO Sponsor, LLC
99.1             Press Release, dated July 29, 2022.
104            Cover Page Interactive Data File (embedded within the Inline XBRL
               document).




[[Image Removed]]


                                       3

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses