other material
confidence high
sentiment neutral
materiality 0.65
Catheter Precision raises $2.82M via Series C-4 preferred stock issuance
Catheter Precision, Inc.
- Closed sale of 2,821 shares of Series C-4 Convertible Preferred Stock at $1,000 stated value for gross proceeds of $2,821,000.
- Issued pursuant to Additional Investment Right under March 9, 2026 Securities Purchase Agreement.
- Proceeds to be used for working capital, general corporate purposes, and redemption of all outstanding Series B Convertible Preferred Stock.
- Series C-4 Preferred ranks senior to common stock; conversion will dilute existing common holders.
- Dawson James Securities acted as placement agent; offering exempt under Section 4(a)(2) and Rule 506(b).