secwatch / observer
8-K filed March 14, 2024, 7:59 PM ET ticker PAVM CIK 0001624326
other material confidence high sentiment neutral materiality 0.60

PAVmed subsidiary Lucid Diagnostics raises $12.5M via Series B Preferred Stock offering and exchange

PAVmed Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PAVmed Inc. entered into Registration Rights Agreement with Series B Investors (effective 2024-03-13).

Action
entry
Counterparty
Series B Investors
Effective
2024-03-13
Exact text from the filing
Lucid Diagnostics and the Series B Investors also executed a registration rights agreement (the “ Registration Rights Agreement ”), pursuant to which the Company agreed to file a registration statement covering the resale of the shares of Common Stock issuable pursuant to the Series B Preferred Stock.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PAVmed Inc. entered into Series B Subscription Agreement with certain accredited investors valued at 12,495 shares of Lucid Diagnostics’ newly designated Series B Convertible Preferred Stock, par value (effective 2024-03-13).

Action
entry
Agreement
equity purchase
Counterparty
certain accredited investors
Value
12,495 shares of Lucid Diagnostics’ newly designated Series B Convertible Preferred Stock, par value
Effective
2024-03-13
Exact text from the filing
On March 13, 2024, Lucid Diagnostics Inc. (the “ Lucid Diagnostics ”), a majority owned subsidiary of PAVmed Inc. (the “ Company ”), entered into subscription agreements (each, a “ Series B Subscription Agreement ”) and exchange agreements (each, an “ Exchange Agreement ”) with certain accredited investors (collectively, the “ Series B Investors ”), which agreements provided for (i) the sale to the Series B Investors of 12,495 shares of Lucid Diagnostics’ newly designated Series B Convertible Preferred Stock, par value $0.001 per share (the “ Series B Preferred Stock ”), at a purchase price of $1,000 per share
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PAVmed Inc. entered into Exchange Agreement with certain accredited investors valued at 13,625 shares of Lucid Diagnostics’ Series A Convertible Preferred Stock, par value $0.001 per share (effective 2024-03-13).

Action
entry
Agreement
equity purchase
Counterparty
certain accredited investors
Value
13,625 shares of Lucid Diagnostics’ Series A Convertible Preferred Stock, par value $0.001 per share
Effective
2024-03-13
Exact text from the filing
On March 13, 2024, Lucid Diagnostics Inc. (the “ Lucid Diagnostics ”), a majority owned subsidiary of PAVmed Inc. (the “ Company ”), entered into subscription agreements (each, a “ Series B Subscription Agreement ”) and exchange agreements (each, an “ Exchange Agreement ”) with certain accredited investors (collectively, the “ Series B Investors ”), which agreements provided for (i) the sale to the Series B Investors of 12,495 shares of Lucid Diagnostics’ newly designated Series B Convertible Preferred Stock, par value $0.001 per share (the “ Series B Preferred Stock ”), at a purchase price of $1,000 per share, and (ii) the exchange by the Series B Investors of 13,625 shares of Lucid Diagnostics’ Series A Convertible Preferred Stock, par value $0.001 per share (the “ Series A Preferred Stock ”), and 10,670 shares of Lucid Diagnostics’ Series A-1 Convertible Preferred Stock, par value $0.001 per share (the “ Series A-1 Preferred Stock ”), held by them for 31,790 shares of Series B Prefe
View on SEC.gov

319 material agreements filed in the last 30 days. Browse all material agreements →

PAVmed Inc. filing history →

Source: SEC EDGAR
accession 0001493152-24-009898
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