secwatch.observer — SEC 8-K summary
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Issuer:     PAVmed Inc. (PAVM)
CIK:        0001624326
Form:       8-K
Filed at:   2025-06-24T23:59:59+00:00
Accession:  0001641172-25-016227
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PAVmed subsidiary Veris Health raises $2.5M in equity and warrant offering
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- Veris sold 1,785,714 common shares and warrants at $1.40 per share unit.
- Gross proceeds of ~$2.5M for development of implantable physiological monitor and working capital.
- After offering, PAVmed owns 75.3% of Veris on a fully-diluted basis.
- Warrants exercisable after 6 months at $1.40, expire 5 years from exercise or 60 days post-FDA approval.
- Investors granted anti-dilution protection and 100% participation rights in future equity raises.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624326/000164117225016227/0001641172-25-016227-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624326/000164117225016227/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001641172-25-016227

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer