{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-047156","form_type":"8-K","ticker":"PAVM","cik":"0001624326","company_name":"PAVmed Inc.","filed_at":"2024-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.022187+00:00","generated_at":"2026-05-29T20:47:05.441927+00:00","sec_items":["1.01","3.02","3.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"PAVmed exchanges $22.3M convertible notes for Series C Preferred Stock and enters separate $2.65M purchase","bullets":["Exchanged $22,347,543 principal amount of Senior Secured Convertible Notes for 22,347 shares of Series C Preferred Stock.","Series C Preferred Stock carries 7.875% annual dividend, convertible at $1.068 per share, and redeemable at 132.5% of stated value.","Company will seek stockholder approval by Jan 31, 2025 to increase authorized common stock from 50M to 250M shares.","Separate Securities Purchase Agreement for $2,652,456.76 of unsecured debt cancelled in exchange for 2,653 additional Series C Preferred shares.","Outstanding convertible note balance reduced to approximately $6.4 million after exchange; remaining note maturity extended to Dec 31, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-047156","json":"https://secwatch.observer/filing/0001493152-24-047156.json","markdown":"https://secwatch.observer/filing/0001493152-24-047156.md","text":"https://secwatch.observer/filing/0001493152-24-047156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1624326/000149315224047156/0001493152-24-047156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1624326/000149315224047156/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T20:47:05.441927+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}