---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-000558"
form_type: "8-K/A"
ticker: "VTAK"
cik: "0001716621"
company_name: "Catheter Precision, Inc."
filed_at: "2023-01-19T23:59:59+00:00"
generated_at: "2026-06-20T13:10:08.316643+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ra Medical completes Catheter Precision acquisition; target reveals $25.5M debt, going concern doubt

## Summary
- Catheter Precision had $139,631 cash, $25.5M convertible notes, and $13.3M accrued interest as of Sep 30, 2022.
- Net loss of $4.46M for 9 months ended Sep 30, 2022, vs $3.57M prior year; accumulated deficit $115.9M.
- Stockholders' deficit of $40.8M and negative working capital of $40.9M; substantial doubt about going concern.
- All Series A-D preferred stock converted into 8.65M common shares upon merger close.
- Post-merger, Ra Medical intends to raise capital through public/private financings to fund operations.

## SEC filing metadata
- accession: 0001564590-23-000558
- form_type: 8-K/A
- ticker: VTAK
- cik: 0001716621
- company_name: Catheter Precision, Inc.
- filed_at: 2023-01-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1716621/000156459023000558/0001564590-23-000558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1716621/000156459023000558/rmed-8ka_20230109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-000558
- JSON: https://secwatch.observer/filing/0001564590-23-000558.json
- Plain text: https://secwatch.observer/filing/0001564590-23-000558.txt

## Key facts
- M&A Transactions
  Catheter Precision, Inc. completed an acquisition involving Catheter Precision, Inc. (closed 2023-01-09).
  - Action: acquisition
  - Counterparty: Catheter Precision, Inc.
  - Closing: 2023-01-09
  source text: On January 9, 2023, Ra Medical Systems, Inc., a Delaware corporation (the “Company” or “Ra Medical”), completed its acquisition (the “Merger”) of Catheter Precision, Inc., a privately-held Delaware corporation (“Catheter”), pursuant to an Amended and Restated Agreement and Plan of Merger, as reported in the Company’s Current Report on Form 8-K filed with the SEC on January 13, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1716621/000156459023000558/0001564590-23-000558-index.htm

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