The reverse split and ticker change are administrative; monitor for any subsequent business updates under the new name Flyte Aviation that could signal a strategic pivot.
Price Chart
Executive Summary
Catheter Precision, Inc. (VTAK) announced a name change to Flyte Aviation, Inc. and a 1-for-10 reverse stock split, effective October 5, 2026. The stock will trade under the new ticker VJET on the NYSE American. This is a routine corporate action with no financial data or operational catalyst provided.
Key Facts
- Board approved name change to Flyte Aviation, Inc. and 1-for-10 reverse stock split on September 24, 2026.
- Name change did not require stockholder approval; reverse split was approved by stockholders on April 15, 2026.
- Effective at 12:01 a.m. ET on October 5, 2026; new ticker VJET and CUSIP 74933X 807.
- No fractional shares issued; fractional holders receive pro rata proceeds from sale of aggregated shares.
- Par value and authorized shares unchanged; proportionate adjustments to equity awards, warrants, and convertible securities.
Financial Impact
No financial figures provided; reverse split is a mechanical share consolidation with no change to market cap or enterprise value.
Risk Factors
- Reverse splits often signal low stock price and potential delisting risk, though no delisting notice was filed.
- No operational or financial rationale provided for the name change or split.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-031252 |
| Document: 0001437749-26-031252-index-headers.html | 0001437749-26-031252 |
| Document: 0001437749-26-031252-index.html | 0001437749-26-031252 |
| Document: 0001437749-26-031252.txt | 0001437749-26-031252 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 9, 2026 17d ago | 8-K | $1.00 $0.8200 | ▲ +18.00% | ▲ +16.51% | $0.6500 (+35.00%) |
Oct 5, 2026 22d ago | Press Release | $1.62 $1.00 | ▼ −38.27% | ▼ −38.69% | $0.6500 (−59.88%) |
Oct 2, 2026 24d ago | 8-K | $1.62 $1.00 | ▼ −38.27% | ▼ −38.69% | $0.6500 (−59.88%) |
Oct 2, 2026 24d ago | Press Release | $1.62 $1.00 | ▼ −38.27% | ▼ −38.69% | $0.6500 (−59.88%) |
Sep 28, 2026 29d ago | Press Release | $0.1467 | awaiting T+5 | — | $0.6500 (+343.08%) |
Sep 25, 2026 4w ago | 8-K | $0.1467 | awaiting T+5 | — | $0.6500 (+343.08%) |
Aug 27, 2026 8w ago | Press Release | $0.2027 $0.1966 | ▼ −3.01% | ▼ −3.28% | $0.6500 (+220.67%) |
Aug 11, 2026 11w ago | Press Release | $0.2900 $0.2229 | ▼ −23.14% | ▼ −22.73% | $0.6500 (+124.14%) |
Aug 4, 2026 11w ago | Press Release | $0.2760 $0.2930 | ▲ +6.16% | ▲ +6.26% | $0.6500 (+135.51%) |
Jul 13, 2026 15w ago | EFFECT | $0.6504 $0.5020 | ▲ +22.82% | ▲ +21.87% | $0.6500 (+0.06%) |
US Market Status
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