PAVmed (PAVM) Announces Registered Direct Offering of its Common Stock

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/14/2026

1. WDAY
2. NVDA
3. AAPL
4. JNJ
5. AMAT
6. META
7. NRIX
8. SPY
9. OIG
10. BAC

Go back to PAVmed (PAVM) Announces Registered Direct Offering of its Common Stock

PAVmed Announces Registered Direct Offering of its Common Stock Priced At-the-Market under Nasdaq Rules

January 6, 2021 9:29 AM EST

NEW YORK, Jan. 06, 2021 (GLOBE NEWSWIRE) -- PAVmed Inc. (Nasdaq: PAVM, PAVMZ) (the Company or PAVmed), a highly differentiated, multi-product, commercial-stage medical device company, today announced it has entered into agreements for the sale of 6.0 million shares of common stock at a price of $2.24 per share for gross proceeds of approximately $13.4 million in a registered direct offering (the Offering) priced at-the-market under Nasdaq rules.

The estimated net proceeds to PAVmed from the Offering are expected to be approximately $12.4 million after deducting the placement agents fees and other estimated offering expenses. The Offering is expected to close on or... More