secwatch.observer — SEC 8-K summary
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Issuer:     PAVmed Inc. (PAVM)
CIK:        0001624326
Form:       8-K
Filed at:   2024-02-09T23:59:59+00:00
Accession:  0001493152-24-005714
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624326/000149315224005714/0001493152-24-005714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624326/000149315224005714/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-005714

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