other material
confidence high
sentiment neutral
materiality 0.60
PAVmed enters $2.88M at-the-market equity offering agreement with Maxim Group
PAVmed Inc.
- ATM offering up to $2,880,000 of common stock under shelf registration effective April 15, 2025.
- Maxim Group LLC receives 3.0% commission; Company reimburses legal fees up to $50k initial plus $5k/quarter.
- Proceeds to be used for working capital and general corporate purposes.
- Agreement terminable by either party on 10 business days' notice; Agent may terminate immediately in certain circumstances.