other_material
confidence high
sentiment neutral
materiality 0.70
Catheter Precision closes $3.47M Series C-2 preferred; issues $11M Series D for Flyte acquisition
Catheter Precision, Inc.
- 3,470 shares of Series C-2 Preferred at $1,000 stated value sold for gross proceeds of $3,470,000.
- 11,028 shares of Series D Preferred ($11.03M stated value) issued to SEG Jets and Creatd for Fly Flyte acquisition.
- Series C-2 conversion price $0.883/share, floor $0.35; Series D conversion price $1.1038/share, subject to reduction.
- Stockholder approval obtained April 15, 2026; proceeds for working capital and general corporate purposes.
- Beneficial ownership limitation initially 4.99%, can be increased to 9.99% on 61 days' notice.
item 3.02item 3.03item 5.03item 9.01