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

PAVmed

16/09/2024 23:47

Sept 16 (Reuters) - PAVmed Inc  PAVM.O :
    * 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:  ID:n0001493152-24-036380 
Further company coverage:  PAVM.O 

 (Reuters.Briefs@thomsonreuters.com)