On December 6, 2024, AWM Investment Company, Inc. filed an amendment to Schedule 13G regarding its holdings in Beam Global, reporting ownership of 454,032 shares, representing 3.1% of the common stock. AWM acts as the investment adviser for several funds, which collectively hold these shares. The filing indicates that AWM has sole voting and investment power over the shares, with no shared voting or dispositive power. The report confirms AWM’s compliance with SEC regulations and states that the securities were not acquired with the intent to influence control of Beam Global.