Benzinga | Dec 18, 2020 09:30AM EST

PAVmed Prices 5.1M Share Common Stock Offering At $1.60/Share

NEW YORK, Dec. 18, 2020 (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 approximately 5.1 million shares of common stock in a registered direct offering with predominantly existing institutional investors at a price of $1.60 per share for gross proceeds of $8.1 million.