What changed
📄 CATHETER PRECISION, INC.
Catheter Precision, Inc. designs, manufactures, and sells innovative medical technologies focused on cardiac electrophysiology. Its primary products include the VIVO System, a non-invasive 3D cardiac mapping system for localizing ventricular arrhythmias, and LockeT, a suture retention device for wound healing. The company also owns the intellectual property for the Amigo Remote Catheter System.
Offering: $2.1M at $2.1M valuation
Key risk: We have broad discretion to determine how to use the proceeds raised in this offering, and we may not use the proceeds effectively.
Proceeds: Support operations, including clinical trials, Working capital, Payment of accounts payable, Payment of approximately $21,000 in interest owed to David Jenkins and related entities
Why it matters
Catheter Precision, Inc. designs, manufactures, and sells innovative medical technologies focused on cardiac electrophysiology. Its primary products include the VIVO System, a non-invasive 3D cardiac mapping system for localizing ventricular arrhythmias, and LockeT, a suture retention device for wound healing. The company also owns the intellectual property for the Amigo Remote Catheter System.