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Ra Medical Systems Enters Into Agreements To Raise $6.2 Million Through Previously Issued Warrants And Plans Strategic Merger With Catheter Precision Inc.

PUBLIC · VJETJul 22, 2022

Amount Raised

$6.2 Million

Round Type

Funding Round

Fort MillManufacturingBiotechnologyHealth CareHospitalityMedicalMedical DeviceTravelAir TransportationAerospace

Description

Ra Medical Systems, Inc. (NYSE American: RMED) (“Ra Medical” or the “Company) announces a reduction in the exercise price of all existing warrants that were issued in the February 2022 public offering, consisting of Series A Warrants and Series B Warrants, from $0.50 per share to $0.28 per share, and entry into a non-binding term sheet to merge with privately held Catheter Precision Inc. (“Catheter Precision”).

Quick answer

Flyte Aviation, Inc. raised $6.2 Million in a Funding Round round, dated July 22, 2022. Flyte Aviation, Inc. is based in Fort Mill, South Carolina, United States.

How much did Flyte Aviation, Inc. raise?
Flyte Aviation, Inc. raised $6.2 Million in a Funding Round round on July 22, 2022.
What does Flyte Aviation, Inc. do?
Catheter Precision, Inc. is a U.S.-based innovative medical device company focused on electrophysiology products, bringing new solutions to market to improve the treatment of cardiac arrhythmias.
Where is Flyte Aviation, Inc. based and how big is it?
Flyte Aviation, Inc. is based in Fort Mill, South Carolina, United States.
Who are the decision-makers at Flyte Aviation, Inc?
Fundz holds 3 contacts at Flyte Aviation, Inc., including the Vice President of Product Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hospitality and Medical around the same time

Companies in the same sectors as Flyte Aviation, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Monteris Medical raised $14M on September 2, 2022.
  • Xtant Medical Holdings raised $9.8M on August 24, 2022.
  • Levita Magnetics International Corp. raised $26M (Funding Round) on August 11, 2022.
  • REVA Medical raised an undisclosed amount (Funding Round) on August 9, 2022.
  • Medcura raised $3.2M on July 29, 2022.
  • Ostial Corporation raised $7.7M on September 1, 2022.

Who to call at Flyte Aviation, Inc., and when

A new round usually means Flyte Aviation, Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Flyte Aviation, Inc. raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Flyte Aviation, Inc.

Location

1670 Highway 160 West, Suite 205

Fort Mill, South Carolina, United States

About

Catheter Precision, Inc. is a U.S.-based innovative medical device company focused on electrophysiology products, bringing new solutions to market to improve the treatment of cardiac arrhythmias. It is committed to developing groundbreaking technology for electrophysiology procedures by collaborating with physicians and continuously advancing its products.

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Related People

3 contacts
Verified contactsRobert L., Vice President of Product Development hidden hidden hiddenSee plans and pricing
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Flyte Aviation, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.