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-0.0173410404624278 -0.0173410404624278 -0.0173410404624278 -0.0173410404624278 -0.0283236994219653 -0.0346820809248554 -0.0346820809248554 -0.0346820809248554
Stock impact report

PAVmed Announces Final Results of Offer to Exchange Series W Warrants for Series Z Warrants

PAVmed Inc. (PAVM) 
US:NASDAQ Investor Relations: ir.pavm.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- PAVmed Inc. (Nasdaq: PAVM, PAVMW) (the “Company”), a highly differentiated, multiproduct medical device company, today announced the final results of its previously disclosed offer to exchange each of its Series W Warrants (Nasdaq: PAVMW, the “Series W Warrant”) for 0.5 Series Z Warrants (the “Offer”). The Offer expired at 5:00 p.m. Eastern time on April 2, 2018. According to Continental Stock Transfer & Trust Company, the depositary for the Offer, 10,151,682 Series W Warrants were validly tendered and not validly withdrawn, representing approximately 96.4% of the outstanding Series W Warrants. PAVmed has accepted for exchange all of such Series W Warrants. Approximately 5,075,849 Series Z Warrants will be issued in exchange for such Series W Warrants (including rounding up for fractional shares). Settlement is expected to occur on or about April 5, 2018. The Offe Show less Read more
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