secwatch.observer — SEC 8-K summary
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Issuer:     Catheter Precision, Inc. (VTAK)
CIK:        0001716621
Form:       8-K
Filed at:   2024-06-26T23:59:59+00:00
Accession:  0001654954-24-008238
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Catheter Precision secures $150K 8% short-term note from CEO's entity due Aug 30, 2024
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- CEO David A. Jenkins' entity FatBoy Capital LP loans $150,000 at 8% interest, maturing August 30, 2024.
- Loan is in addition to $500,000 loaned by Jenkins in May 2024; repayment expected from S-1 securities proceeds.
- Note accelerates on customary defaults; Jenkins holds >10% common stock, convertible preferred shares, and 11.77% royalty rights.
- Missiaen Huck, CEO's daughter, serves as non-executive COO; related-party details in proxy filed May 16, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1716621/000165495424008238/0001654954-24-008238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1716621/000165495424008238/rmed_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-008238

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer