-+ 0.00%
-+ 0.00%
-+ 0.00%

Catheter Precision Announces Sale Of Atherectomy Catheter Tech, Including Associated FDA Approvals And Patents; Buyer Not Disclosed

Benzinga·02/19/2026 13:17:06
Listen to the news
  • Upfront cash payment following closing of $15,000
  • A 5% equity stake in the acquiring company with anti-dilution protection up to $5 million of additional equity capital being invested in the acquiring company
    • Ten-year royalty payments agreement on net sales: 1.5% baseline
    • Increases to 3% on quarterly net sales above $5 million