debt
confidence high
sentiment neutral
materiality 0.40
PAVmed extends $2M fee payment deadline on convertible notes to June 15, 2024
PAVmed Inc.
- Letter agreement extends due date for $2,000,000 fee from April 25, 2024 to June 15, 2024.
- Fee relates to one-year maturity extension and waiver of financial covenants on April 2022 and September 2022 notes.
- No other modifications to the Notes; remaining terms unchanged.