James L. Cox, M.D.
James L. Cox, M.D., and Joan B. Harvey resigned from the Company’s board of directors.
Highest-materiality recent filing
PAVmed Q2 2026 net loss $5.5M; Lucid EsoGuard revenue $1.5M, cash up to $3.8M
Q2 2026 GAAP net loss ~$5.5M ($0.87/diluted share); non-GAAP adjusted net loss ~$1.7M ($0.27/share).
PAVmed stockholders re-elect Sparks and Baxter as Class A directors; approve ESPP amendment
Re-elected Ronald M. Sparks with 3,810,460 votes for (67,490 withheld) and Timothy Baxter with 3,815,060 for (62,890 withheld).
PAVmed Q1 GAAP net loss $7.0M; Lucid Diagnostics revenue $1.3M, 3,177 tests
GAAP net loss $7.0M ($4.42 diluted EPS); non-GAAP adjusted loss $1.9M ($1.17 per share).
PAVmed completes $45M financing, eliminates convertible debt; Q4 net loss $1.8M
PAVmed completed $30M Series D preferred offering and $15M senior secured note, eliminating all outstanding convertible securities.
Approved issuance of shares upon conversion of 60,000 Series D Preferred shares and shares under Convertible Note (640,946 for, 72,380 against).
PAVmed closes $30M Series D Preferred and $15M Note, retires all convertible securities
Gross proceeds $30M from Series D Preferred; warrants exercisable for additional $30M upon positive Medicare LCD for EsoGuard.
PAVmed regains Nasdaq $1 minimum bid price compliance
Received Nasdaq notice on Jan 21, 2026 that it regained compliance with Listing Rule 5550(a)(2).
PAVmed announces 1-for-30 reverse stock split effective Jan 2, 2026 to regain Nasdaq compliance
1-for-30 reverse split effective Jan 2, 2026; authorized shares reduced from 250M to 25M.
PAVmed shareholders approve reverse stock split (1:10–1:30) and authorized share reduction to 25M
Stockholders approved reverse split (ratio 1:10–1:30, board to decide) and authorized share reduction from 250M to 25M.
PAVmed Q3 net loss $6.3M; Veris relaunches implant monitor; Lucid gets Medicare support
GAAP net loss $6.3M ($0.29 diluted EPS); non-GAAP adj loss $0.4M ($0.02) for Q3 2025.
PAVmed subsidiary Lucid Diagnostics closes $28.75M stock offering at $1.00/share
Lucid Diagnostics sold 28.75M shares at $1.00 each via underwritten offering.
PAVmed Q2 net loss $13.3M ($0.74/share); Lucid EsoGuard rev $1.2M on 2,756 tests
GAAP net loss $13.3M ($0.74 diluted EPS); non-GAAP adjusted loss $1.8M ($0.11/share).
PAVmed receives Nasdaq extension to Jan 2026 to meet $1 minimum bid price
Company failed to regain compliance by initial July 22, 2025 deadline after Jan 23 notice.
PAVmed subsidiary Veris Health raises $2.5M in equity and warrant offering
Veris sold 1,785,714 common shares and warrants at $1.40 per share unit.
Re-elected Lishan Aklog (7.15M for, 2.08M withheld) and Michael Glennon (7.22M for, 2.01M withheld) as Class C directors.
PAVmed Q1 GAAP net income $17.7M, adjusted loss $0.9M; Lucid raises $30.6M, cash >$40M
GAAP net income attributable to common stockholders $17.7M ($0.34 diluted EPS); non-GAAP adjusted loss $0.9M ($0.07 per share).
PAVmed appoints CBIZ CPAs as new auditor after Marcum acquisition; no disagreements
Marcum resigned as auditor on April 23, 2025 following its attest business acquisition by CBIZ CPAs.
PAVmed enters $2.88M at-the-market equity offering agreement with Maxim Group
ATM offering up to $2,880,000 of common stock under shelf registration effective April 15, 2025.
PAVmed subsidiary Lucid Diagnostics closes 14.4M share offering raising ~$16.1M net
Lucid Diagnostics closed sale of 14,375,000 shares at $1.20 each, including full exercise of underwriters' option.
PAVmed reports Q4 net income $1.3M; Lucid record tests, Veris financing, debt restructured
GAAP net income $1.3M ($0.12 diluted EPS); non-GAAP adjusted loss $0.7M ($0.06) per share.
PAVmed subsidiary Lucid Diagnostics closes ~$15.3M equity offering at $1.10/share
Lucid Diagnostics sold 13.9M shares at $1.10 each, gross proceeds ~$15.3M.
PAVmed raises $2.37M via PIPE of common stock and pre-funded warrants with Veris subsidiary shares
Sale of 2,574,350 shares and 756,734 pre-funded warrants at $0.7115/unit; Veris issues 677,143 shares to investors.
PAVmed regains Nasdaq compliance after equity actions; enters 1-year monitoring
Notified Feb 14, 2025 that it regained compliance with Nasdaq Listing Rule 5550(b)(1) ($2.5M equity).
PAVmed receives Nasdaq minimum bid price deficiency notice; sells Series C preferred shares
Nasdaq notice on Jan 23: common stock closing bid below $1 for 30 consecutive days; 180-day cure period until July 22, 2025.
PAVmed exchanges $22.35M of convertible notes for Series C preferred; targets Nasdaq compliance
Exchanged $22,347,543 in principal plus interest of Senior Secured Convertible Notes for 22,347 Series C Preferred shares.
PAVmed stockholders approve 4x increase in authorized shares to 250M and Series C Preferred issuance
Stockholders approved amending the certificate of incorporation to increase authorized common shares from 50M to 250M, effective Jan 15, 2025.
PAVmed sub Lucid closes $21.95M convertible note placement; net $18.3M
Lucid Diagnostics (PAVmed sub) closed $21.95M in Senior Secured Convertible Notes to accredited investors.
Exchanged $22,347,543 principal amount of Senior Secured Convertible Notes for 22,347 shares of Series C Preferred Stock.
Lucid Q3 EsoGuard revenue $1.2M, a record; 2,787 commercial tests; October single-month record >1,400 tests.
Deconsolidated Lucid from financials; expects ~$70M non-cash gain in Q3 2024.
PAVmed Q2 GAAP net loss $10.9M; Lucid EsoGuard test volume record 3,147 (up 31% QoQ)
Q2 revenue $1.0M from EsoGuard test; GAAP net loss attributable to common $10.9M ($1.19/sh).
PAVmed Inc. stockholders re-elect directors and ratify auditor at 2024 annual meeting
Approximately 58.5% of outstanding shares were represented at the June 20, 2024 annual meeting.
PAVmed reports Q1 2024 net loss of $22.8M; EsoGuard revenue flat QoQ at $1.0M
GAAP net loss $22.8M ($2.62 per share); non-GAAP adjusted loss $8.6M ($0.99 per share).
PAVmed subsidiary Lucid Diagnostics raises $11.6M in Series B-1 preferred stock offering
Lucid Diagnostics, PAVmed's majority-owned subsidiary, raised ~$11.6M via Series B-1 Convertible Preferred Stock.
Veris and OSUCCC-James signed MOU to pilot the Veris Cancer Care Platform for cancer patients.
PAVmed extends $2M fee payment deadline on convertible notes to June 15, 2024
Letter agreement extends due date for $2,000,000 fee from April 25, 2024 to June 15, 2024.
PAVmed extends senior secured note maturities to 2025; pays $2M for covenant waiver
April 2022 Note maturity extended to April 4, 2025; September 2022 Note to September 8, 2025.
PAVmed subsidiary Lucid Diagnostics raises $12.5M via Series B Preferred Stock offering and exchange
Lucid Diagnostics sold 12,495 shares of Series B Convertible Preferred at $1,000/share, raising $12.495M.
PAVmed receives Nasdaq delisting notice for MVLS below $35M minimum
Nasdaq notified PAVmed on March 7, 2024 that MVLS was below $35M for 30 consecutive days through March 6.
PAVmed distributes 3.33M Lucid Diagnostics shares as special dividend; warrant price adjusted
PAVmed distributed 3,331,747 shares of Lucid Diagnostics common stock as a special pro rata dividend to common and preferred stockholders.
PAVmed to distribute 3.3M Lucid Diagnostics shares (0.377/share) as special dividend Feb 15
Approximately 3,331,771 shares of Lucid Diagnostics (LUCD) distributed as special dividend to PAVmed stockholders.
PAVmed elects stock payment of $4.7M fees from Lucid Diagnostics
PAVmed received $4,675,256 of fees/reimbursements from Lucid Diagnostics via 3,331,771 shares of Lucid common stock.
PAVmed regains Nasdaq minimum bid price compliance after bid price recovered above $1
Nasdaq notified PAVmed on Jan 5, 2024 that it regained compliance with Rule 5550(a)(2).
PAVmed 1-for-15 reverse split Dec 7; declares Lucid dividend of ~3.3M shares
Reverse split at 1-for-15 effective Dec 7, 2023; authorized common reduced from 250M to 50M shares.
PAVmed Q3 revenue $0.8M, net loss $0.16/share; Lucid revenue surges 392% sequentially
Q3 2023 revenue $0.8M; GAAP net loss $17.7M ($0.16 per share), non-GAAP adjusted loss $9.7M ($0.09).
PAVmed subsidiary Lucid Diagnostics raises $5M via Series A-1 Convertible Preferred Stock
Lucid Diagnostics, majority-owned PAVmed sub, sold 5,000 shares of newly designated Series A-1 Convertible Preferred at $1,000/share.
PAVmed receives additional 180-day Nasdaq extension to meet $1 bid price rule
Nasdaq granted PAVmed until December 26, 2023 to regain $1 minimum bid price compliance.
PAVmed annual meeting: directors elected, officer exculpation amendment fails
Ronald Sparks and Timothy Baxter re-elected as Class A directors with ~21.6M and ~22.1M votes for, respectively.
PAVmed issues 1.5M shares to Sunrise Labs for $750k development payment
1,500,000 common shares issued to Sunrise Labs as $750k advance for Veris Health monitor electronics.
MolDX Program published Future Effective Local Coverage Determination L39256 on March 30, 2023
James L. Cox, M.D., and Joan B. Harvey resigned from the Company’s board of directors.
the Company’s board of directors appointed Sundeep Agrawal, M.D. as a Class B director.
James L. Cox, M.D., and Joan B. Harvey resigned from the Company’s board of directors.
On February 22, 2022, the board of directors (the “Board”) of PAVmed Inc. (the “Company”) appointed Shaun O’Neil as the Company’s Chief Operating Officer.
Effective February 11, 2022, the board of directors of PAVmed Inc. (the “ Company ”) appointed Joan B. Harvey as a Class C director of the Company.
Max materiality 0.90 · Median 0.65 · Most common event other_material