Catheter Precision Acquires Remaining 80% Equity In Fly Flyte From Creatd; Financial Terms Undisclosed
Catheter Precision, Inc. VTAK | 0.93 | -1.06% |
Creatd Inc. CRTDD | 9.25 | 0.00% |
Catheter Precision, Inc. (NYSE American: VTAK) today announced that it has completed the acquisition of the remaining 80.02% equity interest in Fly Flyte, Inc. ("Flyte") from Creatd, Inc. (OTCQB:CRTDD), resulting in 100% ownership of the AI-enabled regional aviation operator.
The transaction converts Flyte from a minority strategic investment into a wholly owned operating subsidiary, establishing VTAK as the owner of a revenue-generating, asset-backed aviation platform with certified aircraft, tangible infrastructure, and scalable fleet economics.
