secwatch.observer — SEC 8-K summary
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Issuer:     Catheter Precision, Inc. (VTAK)
CIK:        0001716621
Form:       8-K
Filed at:   2026-10-09T21:20:40+00:00
Accession:  0001437749-26-032456
Event type: other_material
Sentiment:  negative
Materiality: 0.68
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1716621/000143774926032456/0001437749-26-032456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1716621/000143774926032456/vjet20261009c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-032456

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