other_material
confidence high
sentiment neutral
materiality 0.60
Catheter Precision announces 1-for-19 reverse stock split effective August 15, 2025
Catheter Precision, Inc.
- Reverse split ratio of 1-for-19 approved by board after shareholder authorization at July 25 annual meeting.
- Pre-split shares reduced from ~23.3M to ~1.2M; no fractional shares issued, cash paid instead.
- Split intended to maintain NYSE American minimum bid price requirement; CUSIP changes to 74933X708.
- Annual meeting also approved issuance of up to 4.29M shares upon Series L warrant exercise and up to 8.57M shares on Series B preferred conversion.
item 5.07item 8.01