secwatch.observer — SEC 8-K summary
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Issuer:     Catheter Precision, Inc. (VTAK)
CIK:        0001716621
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001654954-24-008484
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 receives $250K 8% note from CEO entity due Aug 30, 2024
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- Entity controlled by CEO David A. Jenkins loans $250K at 8% interest, maturing August 30, 2024.
- Note adds to $500K loan in May 2024 and $150K loan in June 2024 from same source.
- Proceeds from S-1 securities sale expected to repay the note.
- Jenkins and affiliates hold >10% common stock, convertible preferred, stock options, and 11.77% royalty on LockeT sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1716621/000165495424008484/0001654954-24-008484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1716621/000165495424008484/rmed_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-008484

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