other material
confidence high
sentiment neutral
materiality 0.55
Catheter Precision files 1-for-10 reverse stock split; effective July 15, 2024
Catheter Precision, Inc.
- Reverse split ratio of 1-for-10; shares outstanding reduce from ~9.0M to ~901k.
- Authorized common stock reduced from 300M to 30M shares concurrently.
- No fractional shares issued; cash paid for fractional interests; CUSIP changes to 74933X 609.
- Proportionate adjustments to stock options, warrants, and preferred stock conversion terms.
- Stock symbol remains VTAK; trading on NYSE American on split-adjusted basis from July 15.