Aug. 19 at 2:03 PM
$VTAK As of August 2026, Catheter Precision (VTAK) is trading at a low
$0.21. A reverse stock split is likely coming very soon. In April 2026, shareholders officially voted to approve a reverse split. They gave the Board the power to execute it at a ratio from 1-for-2 up to 1-for-100 at any time.VTAK needs this split to avoid being kicked off the NYSE American exchange. The stock is near its 52-week low. The exchange is actively tightening its rules. On August 18, 2026, a federal notice showed the NYSE American is finalizing a
$0.25 minimum price rule. The filing noted this gives low-priced companies time to do reverse splits to bump their price.VTAK has a history of this. In August 2025, they did a 1-for-19 reverse split to stay compliant. Now that the price has crashed again and the board already has full approval, they can trigger the new split whenever they want.