The Coretec Group and Core Optics Share Exchange Moves Toward Closing; Provides Initial Sales Forecast
ANN ARBOR, Mich., June 28, 2024 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB:CRTG), developers of silicon anode active materials for lithium-ion batteries and cyclohexasilane (CHS) for electric vehicles (EVs), cleantech, and emerging tech applications, today announced that the share exchange transaction with Core Optics, LLC has progressed toward the final closing, and can now publicly share Core Optics’ strong revenue forecast for calendar year 2024 and hyper growth in 2025. The share exchange transaction is in its final stages of documentation and due diligence, as already disclosed certain closing conditions have been resolved and others are being finalized. Once the few final conditions have been satisfied, the final closing will take place.
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