PAVMED INC. SPECIAL MEETING SUMMARY (Dec 5, 2025)
PAVMED INC. is seeking stockholder approval for a crucial corporate action via a virtual Special Meeting.
Key Proposal: Reverse Stock Split & Authorization Reduction
The Board recommends voting FOR the Reverse Split Proposal, which combines two actions:
- Reverse Stock Split: Ratio between 1-for-10 and 1-for-30, determined by the Board.
- Reduction in Authorized Common Stock: Authorized shares reduced from 250 million to 25 million.
...The Board approved the split in an effort to increase the closing bid price