Pavmed Inc. shares rise 1.14% intraday after Veris Health completes $2.5 million private placement.

Pavmed Inc. rose 1.14% during intraday trading, with the company's subsidiary Veris Health completing a private placement equity financing, yielding $2.5 million in proceeds. This financing supplements a prior $2.4 million financing completed earlier this year, indicating strong investor interest and financial backing for the company's operations.