Erik Gillis, Ryan Cloutier, Emily Pass

We present the deepest systematic search for planets around mid-to-late M dwarfs to date. We have surveyed 8134 mid-to-late M dwarfs observed by TESS with a custom built pipeline and recover 77 vetted transiting planet candidates. We characterize the sensitivity of our survey via injection-recovery and measure the occurrence rate of planets as a function of orbital period, instellation, and planet radius. We measure a cumulative occurrence rate of $1.10\pm0.16$ planets per star with radii $>1\, R_\oplus$ orbiting within 30 days. This value is consistent with the cumulative occurrence rate around early M dwarfs, making M dwarfs collectively the most prolific hosts of small close-in planets. Unlike the bimodal Radius Valley exhibited by close-in planet population around FGK and early M dwarfs, we recover a unimodal planet radius distribution peaking at $1.25\pm0.05 \, R_\oplus$. We additionally find $0.954\pm0.147$ super-Earths and $0.148\pm0.045$ sub-Neptunes per star, with super-Earths outnumbering sub-Neptunes 5.5:1, firmly demonstrating that the Radius Valley disappears around the lowest mass stars. The dearth of sub-Neptunes around mid-to-late M dwarfs is consistent with predictions from water-rich pebble accretion models that predict a fading Radius Valley with decreasing stellar mass. Our results support the emerging idea that the sub-Neptune population around M dwarfs is composed of water-rich worlds. We find no hot Jupiters in our survey and set an upper limit of 0.012 hot Jupiters per mid-to-late M dwarf within 10 days.