---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-036380"
form_type: "8-K"
ticker: "PAVM"
cik: "0001624326"
company_name: "PAVmed Inc."
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:37:00.475880+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# PAVmed deconsolidates Lucid Diagnostics, expects ~$70M gain; faces Nasdaq delisting, appoints new director

## Summary
- Deconsolidated Lucid from financials; expects ~$70M non-cash gain in Q3 2024.
- Pro forma stockholders' equity improves $9.7M but still deficit of ~$9.0M.
- Received Nasdaq delisting notice for failing min market value; will appeal with hearing in Oct.
- Dr. Cox and Harvey resigned from board; Dr. Agrawal appointed as Class B director.
- PAVmed retains 31.3M Lucid shares (no change); deconsolidation does not affect ownership.

## SEC filing metadata
- accession: 0001493152-24-036380
- form_type: 8-K
- ticker: PAVM
- cik: 0001624326
- company_name: PAVmed Inc.
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 5.02, 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624326/000149315224036380/0001493152-24-036380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624326/000149315224036380/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-036380
- JSON: https://secwatch.observer/filing/0001493152-24-036380.json
- Plain text: https://secwatch.observer/filing/0001493152-24-036380.txt

## Key facts
- Executive change
  James L. Cox, M.D. resigned as Director at PAVmed Inc..
  - Action: resigned
  - Role: Director
  source text: James L. Cox, M.D., and Joan B. Harvey resigned from the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624326/000149315224036380/0001493152-24-036380-index.htm
- Executive change
  Sundeep Agrawal, M.D. was appointed as Class B Director at PAVmed Inc..
  - Action: appointed
  - Role: Class B Director
  source text: the Company’s board of directors appointed Sundeep Agrawal, M.D. as a Class B director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624326/000149315224036380/0001493152-24-036380-index.htm
- Executive change
  Joan B. Harvey resigned as Director at PAVmed Inc..
  - Action: resigned
  - Role: Director
  source text: James L. Cox, M.D., and Joan B. Harvey resigned from the Company’s board of directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624326/000149315224036380/0001493152-24-036380-index.htm

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