Catheter Precision reprices seven warrant series to $0.70, expects $3.7M from inducement exercises

Catheter Precision, Inc.

Reduced exercise price of Series E, F, G, H, I warrants from $1.00/$30/$40 to $0.70 per share on Oct 24, 2024.
Inducement letters for immediate exercise of up to 5.3M warrants; expects ~$3.7M gross proceeds.
Pro forma shares outstanding after exercise: ~10.8M; earlier received $1.185M from 1.185M warrants at original terms.
New Series K warrants issued at $0.70, 200% coverage, 5.5-year term subject to stockholder approval.

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