---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-043666"
form_type: "8-K"
ticker: "PAVM"
cik: "0001624326"
company_name: "PAVmed Inc."
filed_at: "2023-12-05T23:59:59+00:00"
generated_at: "2026-06-07T18:04:26.314006+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# PAVmed 1-for-15 reverse split Dec 7; declares Lucid dividend of ~3.3M shares

## Summary
- Reverse split at 1-for-15 effective Dec 7, 2023; authorized common reduced from 250M to 50M shares.
- Dividend of ~3.3M Lucid Diagnostics (LUCD) shares to PAVmed holders of record Jan 15, 2024; distribution within 30 days.
- Series Z warrants maturity extended by 12 months to April 30, 2025; exercise price and shares adjusted proportionately.
- Reverse split aims to regain Nasdaq minimum $1 bid price compliance; company had until Dec 26, 2023.
- Accredited investor holding convertible notes waived as-converted participation in Lucid dividend.

## SEC filing metadata
- accession: 0001493152-23-043666
- form_type: 8-K
- ticker: PAVM
- cik: 0001624326
- company_name: PAVmed Inc.
- filed_at: 2023-12-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624326/000149315223043666/0001493152-23-043666-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624326/000149315223043666/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-043666
- JSON: https://secwatch.observer/filing/0001493152-23-043666.json
- Plain text: https://secwatch.observer/filing/0001493152-23-043666.txt

## Key facts
- Governance Changes
  PAVmed Inc.: Filing of a Certificate of Amendment to the Amended and Restated Certificate of Incorporation to effect a 1-for-15 reverse stock split, reducing the authorized common shares from 250,000,000 to 50,000,000 (effective 2023-12-07).
  - Change: charter amendment
  - Effective: 2023-12-07
  source text: On December 5, 2023, the Company filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “ Charter Amendment ”) with the Secretary of State of the State of Delaware, pursuant to which, effective at 12:01 a.m. Eastern Time on December 7, 2023, the Reverse Split will be effected.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624326/000149315223043666/0001493152-23-043666-index.htm

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