Catheter Precision subsidiary seeks to buy heart-failure assets from Cardionomic

Catheter Precision, Inc.

Subsidiary Cardionomix would acquire CPNS System assets for 1M restricted VTAK shares and $1.5M promissory note.
Cardionomix is 82% owned by VTAK; CEO David Jenkins holds 5% directly and 7% via FatBoy Capital.
Target closing in first half of Q2 2025; no signed agreement and no guarantee deal will close.
Purchased assets are on 'AS IS' basis; subsidiary will need substantial future financing to develop them.
Cardionomic, Inc. ceased operations; assets assigned for benefit of creditors to Seller LLC.

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