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Catheter Precision, Inc. (VTAK) has completed the acquisition of 100% of Fly Flyte, Inc., acquiring the remaining 80.02% interest from Creatd, Inc. Flyte, now a wholly owned subsidiary, operates under FAA certification and generates revenue through its fleet of Cirrus Vision Jets.

The acquisition consolidates Flyte's operations and revenue into VTAK, enhancing its growth strategy in regional air mobility. Creatd will receive about $6 million in cash and $6 million in Convertible Preferred Stock in this transaction, while maintaining a significant shareholder position in VTAK.