Catheter Precision board authorizes CEO to make open market share purchases

Catheter Precision announces that its CEO and Chairman, Mr. David Jenkins has been authorized to purchase up to 500,000 shares of the Company’s common stock in open market transactions across multiple trading days. Although it is Mr. Jenkins’ current intent to engage in open market purchase transactions from time to time, his decision as to whether to engage in a purchase at any given time will depend upon a number of factors, including the current trading price of Company common stock and Mr. Jenkins’ other capital needs. There is no guarantee that all or a substantial portion of the shares authorized as described above will in fact be purchased, and Mr. Jenkins reserves the right to make private purchases or purchases directly from the Company, subject to compliance with rules of the NYSE American. All purchases by Mr. Jenkins will be made in compliance with all applicable laws, and all open market transactions will be conducted pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, as amended. Before these proposed purchases, Mr. Jenkins and his affiliate entities invested greater than $30 million of his capital into the Company’s predecessor, which was acquired by the Company in January 2023.