PAVmed to distribute 3.3M Lucid Diagnostics shares (0.377/share) as special dividend Feb 15

PAVmed Inc.

Approximately 3,331,771 shares of Lucid Diagnostics (LUCD) distributed as special dividend to PAVmed stockholders.
Each PAVmed share receives 0.37709668 LUCD share (rounded to nearest whole); record date Jan 15, distribution Feb 15.
After distribution, PAVmed retains ~65.2% ownership of Lucid; distributed shares equal 6.9% of LUCD outstanding.
Market value of dividend approx $0.57 per PAVmed share based on Jan 15 closing price.
Series Z warrant exercise price adjusted from $24.00 to $23.43 per share due to the dividend.

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