---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-032456"
form_type: "8-K"
ticker: "VTAK"
cik: "0001716621"
company_name: "Catheter Precision, Inc."
filed_at: "2026-10-09T21:20:40+00:00"
generated_at: "2026-10-12T14:57:49.633219+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.68
calibrated_materiality_score: 0.68
confidence: "high"
source: SEC EDGAR
---

# Flyte Aviation raises $2.05M in Series C-4 preferred; cuts conversion price on all convertible preferred to $1.00

## Summary
- Investors agreed to buy 2,050 Series C-4 convertible preferred shares at $1,000 stated value, raising $2.05M; closing expected on or about Oct 13, 2026; Dawson James is placement agent.
- Conversion price of all outstanding Series C-1, C-2, C-3, C-4 and Series D convertible preferred cut from $2.30 to $1.00, with the applicable floor price waived.
- Series J convertible preferred conversion price also reduced to $1.00; only shares issuable at the prior $15.60 price ($1.56 pre-split) are registered for resale.
- Series C-4 shares convert at $1.00 into up to 2,050,000 common shares, subject to a 4.99% beneficial ownership cap that holders may raise to 9.99% on 61 days' notice.
- Conversion cuts follow a 1-for-10 reverse stock split effected Oct 5, 2026; the placement was sold to accredited investors under Section 4(a)(2)/Rule 506(b) and is unregistered.

## SEC filing metadata
- accession: 0001437749-26-032456
- form_type: 8-K
- ticker: VTAK
- cik: 0001716621
- company_name: Catheter Precision, Inc.
- filed_at: 2026-10-09T21:20:40+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.68
- calibrated_materiality_score: 0.68
- confidence: high
- sec_items: 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1716621/000143774926032456/0001437749-26-032456-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1716621/000143774926032456/vjet20261009c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-032456
- JSON: https://secwatch.observer/filing/0001437749-26-032456.json
- Plain text: https://secwatch.observer/filing/0001437749-26-032456.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.