other material
confidence high
sentiment neutral
materiality 0.60
Lucid Diagnostics issues 3.38M shares to parent PAVmed for services, expense reimbursement, and acquisition
Lucid Diagnostics Inc.
- PAVmed elected stock for $1.65M in MSA fees (July-Sept 2022): 750,818 shares at 0.70 floor.
- New PBERA formalizes expense reimbursement; PAVmed received 1,479,326 shares for $2.72M in accrued payroll/benefits.
- CapNostics assignment settled with 1,145,086 shares to PAVmed, covering the ~$2.1M purchase price.
- Total issuance of 3,375,230 unregistered shares to parent under Section 4(a)(2) exemptions.