BRIEF-PAVmed Determined That Lucid Diagnostics Inc And Its Subsidiaries Will Be Deconsolidated From Co's Financial Statements As Of Sept 10

Reuters

2024-09-17

Sept 16 (Reuters) - PAVmed Inc :

* PAVMED INC - DETERMINED THAT LUCID DIAGNOSTICS INC AND ITS SUBSIDIARIES WILL BE DECONSOLIDATED FROM CO'S FINANCIAL STATEMENTS AS OF SEPT 10

* PAVMED INC - IN CONNECTION WITH DECONSOLIDATION, CO EXPECTS TO RECOGNIZE ESTIMATED NON-CASH GAIN OF ABOUT $70 MILLION IN Q3 OF 2024

* PAVMED INC - CONTINUES TO EXPLORE ALL AVAILABLE ALTERNATIVES FOR FURTHER INCREASING CO'S STOCKHOLDERS' EQUITY

* PAVMED INC - ANNOUNCES EFFORTS TO REGAIN COMPLIANCE WITH NASDAQ LISTING REQUIREMENTS

* PAVMED INC - APPOINTMENT OF SUNDEEP AGRAWAL TO BOARD TO REPLACE DEPARTING DIRECTORS

Source text for Eikon: Further company coverage:

(Reuters.Briefs@thomsonreuters.com)

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