other material
confidence high
sentiment neutral
materiality 0.75
Catheter Precision closes $3.6M public offering with warrants; net proceeds ~$2.6M
Catheter Precision, Inc.
- Offering comprised of 805,900 common units at $1.00/unit and 2,773,000 pre-funded units at $0.9999/unit.
- Each unit includes a share (or pre-funded warrant at $0.0001), Series H, I, and J warrants all exercisable at $1.00.
- Underwriters partially exercised overallotment, adding 458,623 common stock units to the offering.
- Estimated net proceeds to company after discounts and expenses are approximately $2.6 million.
- Post-closing shares outstanding were 2,656,652; by Sep 5, 2024, reached 2,804,152 on further warrant exercises.