secwatch.observer — SEC 8-K summary
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Issuer:     Catheter Precision, Inc. (VTAK)
CIK:        0001716621
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001437749-26-007380
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Catheter Precision acquires 80% of Fly Flyte and Ponderosa Air for $11.6M; raises up to $39M in PIPE
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- Acquisition of 80.02% of Fly Flyte, Inc. and 100% of Ponderosa Air from Creatd for $11.55M in cash and Series D preferred stock.
- Private placement of Series C convertible preferred stock raises $1.85M at first close, potential additional raises up to $35.6M.
- Proceeds used for restructuring legacy catheter business, potential sale of medical devices, and reducing cash burn.
- Conversion prices start at $1.43, adjust to 80% of market with $0.35 floor, subject to stockholder approval.
- Registration rights agreement filed to register resale of conversion shares within 30–60 days of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1716621/000143774926007380/0001437749-26-007380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1716621/000143774926007380/vtak20260306_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-007380

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer