Effective October 5, 2026, Flyte Aviation, Inc. (formerly Catheter Precision, Inc.) completed a 1-for-10 reverse stock split of its common stock, reducing the issued and outstanding shares to approximately 2,101,987. The company simultaneously changed its corporate name and NYSE American ticker symbol from VTAK to VJET. This rebranding marks a strategic pivot toward becoming an AI-driven technology platform for private jet charter services, aiming to disrupt the $11.6 billion U.S. market. The company intends to invest in digital marketing and platform upgrades during Q4 2026 while maintaining its life sciences operations. Flyte Aviation operates as a technology-enabled provider of private aviation services.
