StockWatch
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Surgical & Medical Instruments & Apparatus
InvestmentJun 8, 2026, 06:21 AM

Catheter Precision Invests $1M in Volato Group, Receives $1.1M in Equity

AI Summary

Catheter Precision, Inc. entered into a Securities Purchase Agreement on June 7, 2026, to acquire 2,941,176 shares of Volato Group, Inc. common stock for $1,000,000 in a private placement. In return, Volato Group agreed to provide Catheter Precision with freely tradeable equity securities of a third-party entity, which were valued at approximately $1,100,000 as of June 5, 2026. Additionally, a Registration Rights Agreement was executed, obligating Volato to file an S-3 registration statement for the resale of the purchased shares.

Key Highlights

  • Catheter Precision invested $1,000,000 in Volato Group, Inc. through a private placement.
  • The company purchased 2,941,176 shares of Volato common stock at $0.34 per share.
  • As consideration, Volato Group will deliver freely tradeable equity securities of a third-party entity.
  • These received equity securities were valued at approximately $1,100,000 as of June 5, 2026.
  • A Registration Rights Agreement was signed, requiring Volato to file an S-3 registration statement for resale of the shares within 10 days.