QHSLab in advanced debt restructuring talks with Catheter Precision to improve balance sheet

QHSLab, Inc.

Discussions to restructure OID Notes (previously held by Mercer Street Global Opportunity Fund) held by Catheter Precision.
Proposed terms include higher conversion price, PIK interest option, extended maturity, and removal of default overhang.
Restructuring expected to reduce near-term payments, dilution pressure, and strengthen financial flexibility for growth.
No definitive agreement yet; company expects to finalize and announce in coming weeks.

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