Catheter Precision, Inc. announced on August 15, 2025, that its previously announced 1-for-19 reverse stock split of its common stock became effective at 12:01 A.M. Eastern Time. The company's common stock will begin trading on a split-adjusted basis when the market opens on August 15, 2025.
Pursuant to the reverse stock split, every 19 shares of the company's issued common stock were converted automatically into one issued share of common stock. This action reduced the number of issued shares from 23,316,520 to approximately 1,657,640 shares.
The reverse stock split affects all stockholders uniformly and does not alter any stockholder's percentage interest in the company's equity, except for fractional shares. Stockholders entitled to fractional shares will receive their pro rata portion of net proceeds from the sale of aggregated fractional shares.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.