[8-K] Catheter Precision, Inc. Reports Material Event
Catheter Precision, Inc. reported that it has given notice to terminate its At-Market-Offering Agreement with Ladenburg Thalmann & Co. Inc., which supported its at-the-market equity offering program. The termination is scheduled to be effective on November 24, 2025.
The program allowed the company to offer and sell shares of common stock with an aggregate offering price of up to $4.3 million. Before issuing the termination notice, Catheter Precision sold approximately $4.0 million of common stock under this program, and it will not owe any termination penalties.
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FAQ
What did Catheter Precision (VTAK) announce in this 8-K filing?
Catheter Precision announced that it has delivered notice to terminate its At-Market-Offering Agreement supporting its at-the-market equity offering program, effective November 24, 2025.
How large was Catheter Precisions ATM equity program?
The at-the-market equity program allowed Catheter Precision to offer and sell shares of its common stock with an aggregate offering price of up to $4.3 million.
How much stock did Catheter Precision sell under the ATM program?
Before sending the termination notice, Catheter Precision sold approximately $4.0 million of its common stock under the ATM program.
Are there any penalties for Catheter Precision terminating the ATM Agreement?
No. The company stated that it is not subject to any termination penalties in connection with ending the At-Market-Offering Agreement.
When does the termination of Catheter Precisions ATM Agreement become effective?
The notice specifies that termination of the At-Market-Offering Agreement will be effective as of November 24, 2025.
Who was the sales agent under Catheter Precisions ATM Agreement?
Ladenburg Thalmann & Co. Inc. served as the sales agent under the At-Market-Offering Agreement for the at-the-market equity offering program.