other material
confidence high
sentiment neutral
materiality 0.60
PAVmed shareholders approve reverse stock split (1:10–1:30) and authorized share reduction to 25M
PAVmed Inc.
- Stockholders approved reverse split (ratio 1:10–1:30, board to decide) and authorized share reduction from 250M to 25M.
- Vote: 19,310,685 For, 974,164 Against, 13,241 Abstain; 65.8% of voting power present at Dec 5 special meeting.
- Board expects to file certificate of amendment with Delaware Secretary of State as soon as practicable.