Catheter Precision raises $3.47M via Series C-3 Convertible Preferred Stock issuance

Catheter Precision, Inc.

Issued 3,470 shares of Series C-3 Convertible Preferred at $1,000 stated value for gross proceeds of $3,470,000.
Conversion price initially $0.632 per share, subject to floor of $0.35 and anti-dilution adjustments.
Beneficial ownership limitation set at 4.99% (holder may increase to 9.99% on 61 days' notice).
Dawson James Securities acted as placement agent; proceeds for working capital, loan repayment, general corporate.
Series C-3 ranks senior to common on dividends and liquidation; conversion will dilute existing common holders.

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