MARKET WIRE NEWS

Catheter Precision, Inc. Secures up to $36.5 Million in Strategic Institutional Financing to Accelerate Growth

MWN-AI** Summary

Catheter Precision, Inc. (NYSE American: VTAK), a leading provider of advanced electrophysiology solutions, has announced a significant strategic financing initiative, securing up to $36.5 million from institutional investors aimed at accelerating the company’s growth. As part of this restructuring, Catheter Precision will terminate its at-the-market (ATM) equity offering program, distancing itself from previous equity lines of credit and forward-priced agreements.

This latest move enhances Catheter Precision's balance sheet and liquidity, improving financial resilience. The company has converted its short-term notes into long-term obligations, extending maturities to two and three years, thus strengthening its financial foundation. Furthermore, approximately $9 million of existing short and long-term liabilities recorded on the balance sheet as of September 30, 2025, will also transition into equity, solidifying the financial restructuring.

David Jenkins, Catheter Precision's CEO and Chairman, emphasized that this financing arrangement signals a strong endorsement from institutional investors regarding the company’s strategic direction. He highlighted the elimination of legacy financing issues as a crucial step in enhancing operational agility and focus.

The freshly secured institutional capital will empower Catheter Precision to pursue key growth initiatives, scale its business operations, and expand its market presence effectively. This strategic investment positions the company to execute its goals with greater speed and discipline, aiming to deliver substantial shareholder value.

For stakeholders, this transaction signals a pivotal shift towards a more stable financial footing, allowing Catheter Precision to prioritize innovation and collaboration with healthcare professionals aimed at revolutionizing the treatment of cardiac arrhythmias. This announcement is accompanied by cautionary notes regarding forward-looking statements, with the company advising investors to consult its SEC filings for additional context and risks.

MWN-AI** Analysis

Catheter Precision, Inc. (NYSE American: VTAK) recently announced a significant milestone by securing up to $36.5 million in strategic institutional financing while terminating its at-the-market equity offering program. This dual action not only strengthens its balance sheet but also indicates a robust confidence in its long-term growth strategy.

The termination of the ATM equity program suggests that the company is opting for a more stable capital structure, eschewing potentially dilutive, short-term financing options. Instead, the move to secure institutional capital aligns with a strategic focus on expanding its market presence and enhancing execution capabilities. By converting short-term notes into long-term liabilities, Catheter Precision is managing its debt more effectively, which can lead to improved cash flow and lower interest expenses over time.

From a financial analyst's perspective, the recent developments provide several investment insights. First, the liquidity boost enhances Catheter Precision's ability to fund growth initiatives, which is critical for any early-stage medical device company. This flexibility could allow the company to accelerate its product development cycle and capture market share more aggressively in the competitive electrophysiology sector.

Investors should also take note of CEO David Jenkins' emphasis on aligning with long-term institutional partners. This indicates that the company is not only seeking immediate financial relief but is committed to fostering sustained growth and shareholder value. The confidence from institutional investors can signal to the market a validation of Catheter Precision's business model and potential for success.

However, prospective investors should remain vigilant regarding the risks associated with the medical device industry, including regulatory hurdles, market competition, and technological changes. Overall, Catheter Precision's current trajectory—bolstered by this financing and strategic alignment—positions it favorably for future growth, making it a company worth monitoring closely within the healthcare investment landscape.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

VTAK has Agreed to Terminate its At-The-Market (“ATM”) Equity Offering Program

Company Strengthens Balance Sheet and Aligns Institutional Capital for Long-Term Value Creation

FORT MILL, S.C., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Catheter Precision, Inc. (NYSE American: VTAK) (“Catheter Precision” or the “Company”), a leader in advanced electrophysiology solutions, today announced that it has agreed to the termination of its at-the-market (“ATM”) equity offering program and has completed a strategic financing transaction with institutional investors for up to $36.5 million to support accelerated growth.

Key Highlights:

  • ATM equity program to be terminated. No future equity lines of credit or forward-priced agreements are anticipated.
  • Strategic institutional capital secured to fund expansion
  • Balance sheet and liquidity significantly strengthened
  • The company’s short-term notes have been converted to long term by extending maturities out to two and three years
  • Additional short and long-term liabilities of approximately $9 million on the 9/30/25 balance sheet are being converted into equity

Executive Commentary
“This financing and balance sheet restructuring strengthens our financial position and also reinforces institutional investor confidence in our strategy,” said David Jenkins, CEO and Chairman of VTAK.

Jenkins added, “By eliminating legacy financing overhang and aligning ourselves with long-term institutional partners, we’ve enhanced our ability to execute with speed, discipline, and focus.”

Jenkins concluded, “We now move forward from a position of financial strength, supported by capital, stability, and strategic alignment to drive meaningful shareholder value through disciplined growth.”

Capital Strategy Update
This strategic institutional investment provides the Company with financial flexibility to:

  • Advance key growth initiatives
  • Scale multiple business opportunities
  • Expand market presence and execution capabilities

Additional Information
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Please refer to the Company’s Current Report on Form 8-K filed February 6, 2026, and February 12th for additional details regarding the transaction.

About Catheter Precision
Catheter Precision is a U.S.-based medical device company developing innovative solutions to improve the treatment of cardiac arrhythmias. The Company is committed to bringing new technologies to market through physician collaboration and continued product innovation.

Cautionary Note on Forward-Looking Statements
This press release contains forward-looking statements under the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to risks and uncertainties described in the Company’s SEC filings, available at www.sec.gov. The Company undertakes no obligation to update these statements except as required by law.

CONTACTS:

Investor Relations
973-691-2000
IR@catheterprecision.com

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FAQ**

How will the termination of the ATM equity offering program impact Catheter Precision Inc. VTAK’s ability to raise capital in the future?

The termination of the ATM equity offering program may hinder Catheter Precision Inc. VTAK's ability to raise capital in the future, potentially limiting its financial flexibility and access to funds needed for growth and operational initiatives.

What specific key growth initiatives does Catheter Precision Inc. VTAK plan to advance with the $36.5 million secured from institutional investors?

Catheter Precision Inc. VTAK plans to advance key growth initiatives including the expansion of its catheter technology platform, scaling its manufacturing capabilities, and accelerating regulatory approvals to enhance market penetration with the $36.5 million secured from institutional investors.

How does the balance sheet restructuring enhance investor confidence in Catheter Precision Inc. VTAK's long-term strategy?

The balance sheet restructuring enhances investor confidence in Catheter Precision Inc. (VTAK) by improving financial stability, reducing debt, and positioning the company for sustainable growth, thereby aligning with its long-term strategic objectives and increasing perceived value.

What measures is Catheter Precision Inc. VTAK implementing to ensure that the conversion of liabilities into equity supports sustainable growth?

Catheter Precision Inc. (VTAK) is implementing measures such as strategic partnerships, improved operational efficiencies, and focused investment in innovative technologies to ensure that converting liabilities into equity supports sustainable growth.

**MWN-AI FAQ is based on asking OpenAI questions about Catheter Precision Inc. (NYSE: VTAK).

Catheter Precision Inc.

NASDAQ: VTAK

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