Catheter Precision Inc. said it has signed a definitive agreement to sell its non-core atherectomy catheter technologies—along with related FDA approvals and patents—to a strategic acquirer. The deal includes $15,000 in cash at closing, a 5% equity stake in the buyer with anti-dilution protection, and a 10-year royalty on net sales starting at 1.5% and rising to 3% if quarterly net sales exceed $5 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Catheter Precision Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9656976-en) on February 19, 2026, and is solely responsible for the information contained therein.