other material
confidence high
sentiment neutral
materiality 0.70
Catheter Precision shareholders approve reverse split (1:2-1:100) and preferred share issuances
Catheter Precision, Inc.
- All six proposals passed at April 15 special meeting; 49.5% of outstanding shares voted.
- Reverse stock split authorized at ratio between 1-for-2 and 1-for-100, at board's discretion.
- Issuance of common stock underlying Series C-1, C-2, C-3, C-4 convertible preferred approved (690,693 for).
- Issuance of shares underlying Series D and Series J convertible preferred also approved (~690,600 votes for each).
- Approval of conversion price reduction for Series B convertible preferred stock (690,825 for).