secwatch.observer — SEC 8-K summary
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Issuer:     Catheter Precision, Inc. (VTAK)
CIK:        0001716621
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001437749-25-012172
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1716621/000143774925012172/0001437749-25-012172-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1716621/000143774925012172/vtak20250416_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-012172

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