---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-020296"
form_type: "8-K"
ticker: "PAVM"
cik: "0001624326"
company_name: "PAVmed Inc."
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:39:07.809095+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PAVmed issues 1.5M shares to Sunrise Labs for $750k development payment

## Summary
- 1,500,000 common shares issued to Sunrise Labs as $750k advance for Veris Health monitor electronics.
- Six-month lookback: if VWAP value < $750k, PAVmed pays cash or additional shares capped at 9.99% outstanding.
- Shares issued in unregistered sale under Section 4(a)(2); Sunrise is accredited investor.
- Transaction preserves cash while funding implantable monitor for cancer patients.

## SEC filing metadata
- accession: 0001493152-23-020296
- form_type: 8-K
- ticker: PAVM
- cik: 0001624326
- company_name: PAVmed Inc.
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624326/000149315223020296/0001493152-23-020296-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624326/000149315223020296/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-020296
- JSON: https://secwatch.observer/filing/0001493152-23-020296.json
- Plain text: https://secwatch.observer/filing/0001493152-23-020296.txt

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