other material
confidence high
sentiment neutral
materiality 0.65
Catheter Precision invests $1M in Volato Group, receives SOAR and flyExclusive shares
Catheter Precision, Inc.
- Purchases 2,941,176 SOAR shares at $0.34/share ($1M) in a private placement.
- Volato to deliver 451,901 freely tradeable flyExclusive shares valued at ~$1.1M as additional consideration.
- Closing subject to customary conditions including no Material Adverse Effect and NYSE American approval.
- Registration Rights Agreement requires Volato to file resale registration statement within 10 days.