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Coretec Group (CRTG) has shared an announcement.
The Coretec Group, Inc. has amended its Share Exchange Agreement with Core Optics and affiliates, now allowing a member entity to beneficially own roughly 80% of Coretec’s Common Stock pre-closing, fully diluted. This move, alongside additional closing conditions and an extension of the deadline to July 31, 2024, signals a significant shift in ownership structure. Following this amendment, the company released a press release that included preliminary revenue forecasts for Core Optics, but cautioned that these forward-looking statements are subject to risks and uncertainties and should not be taken as guarantees of future performance.
For an in-depth examination of CRTG stock, go to TipRanks’ Stock Analysis page.