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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): July 29, 2025
PAVMED
INC. |
(Exact
Name of Registrant as Specified in Charter) |
Delaware |
|
001-37685 |
|
47-1214177 |
(State
or Other Jurisdiction
of
Incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
360
Madison Avenue, 25th Floor,
New York,
New York |
|
10017 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (917) 813-1828
N/A |
(Former
Name or Former Address, if Changed Since Last Report) |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425). |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12). |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)). |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, Par Value $0.001 Per Share |
|
PAVM |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01. Other Events.
On
July 29, 2025, PAVmed Inc. (the “Company”) received a letter from the Listing Qualifications Department of
The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it would be afforded an additional 180 calendar
days (or until January 19, 2026) to regain compliance with Nasdaq’s minimum bid price requirement.
As
previously disclosed, on January 23, 2025, the Company received an initial letter from the Nasdaq Listing Qualifications Department stating
that, for the preceding 30 consecutive business days (through January 22, 2025), the closing bid
price of the Company’s common stock had been below the minimum of $1 per share required for continued listing on the Nasdaq Capital
Market under Nasdaq Listing Rule 5550(a)(2). The initial letter stated that the Company
would be afforded an initial 180-day period (until July 22, 2025) to regain compliance. The initial letter also stated that, in the event
the Company did not regain compliance within the initial 180-day period, the Company might be eligible for an additional 180-day period
to do so. Although the Company did not regain compliance within the initial 180-day period, Nasdaq determined that the Company
was eligible for the additional 180-day period to regain compliance.
In
order to regain compliance, the closing bid price of the Company’s common stock must be at least $1 per share for a minimum of
ten consecutive business days during the additional 180-day period. The Company intends to consider all available options to regain compliance
with the Nasdaq listing standards.
The
Nasdaq notification has no effect at this time on the listing of the Company’s common stock, which will continue to trade uninterrupted
under the symbols “PAVM.”
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits:
Exhibit
No. |
|
Description |
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated:
July 30, 2025 |
PAVMED
INC. |
|
|
|
By:
|
/s/
Dennis McGrath |
|
|
Dennis
McGrath |
|
|
President
and Chief Financial Officer |