Catheter Precision amends $1.5M promissory notes: maturity to Jan 2026, rate to 12%

Catheter Precision, Inc.

Extended maturity of five 8% short-term notes from Aug 30, 2024 to Jan 31, 2026.
Interest rate raised from 8% to 12% effective Aug 31, 2024; interest through Aug 30 due.
Notes total $1.5M: $500k from CEO David Jenkins, $500k from Jenkins Trust, $500k from FatBoy Capital.
All holders are related parties: CEO, his family trust, and an affiliate he controls.
Amendments reflect near-term liquidity need; higher cost and extended debt terms.

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