Coretec Group INC
Market Movers (8-K)
OTC.Pink
The Coretec Group Inc. announced the resignations of its Vice Chairman, Chairman, and a Director, effective in April 2026.
OTC.Pink
8-K: The Coretec Group Announces Major Leadership Reshuffle and Secures Funding for Compliance Filings
The Coretec Group, Inc. has announced significant changes to its executive leadership, including new appointments for CEO and CFO, alongside securing a $300,000 loan facility to support overdue OTC Markets compliance filings and audit expenses.
Worse than expected
Capital raise
Delay expected
OTC.Pink
The Coretec Group has entered into a subscription agreement to sell Series D Convertible Preferred Shares to an accredited investor, raising $4.604 million.
Capital raise
OTC.Pink
8-K: Coretec Group Secures $8.78 Million in Private Placement of Series D Convertible Preferred Shares
The Coretec Group has raised $8.78 million through a private placement of Series D Convertible Preferred Shares, convertible into common stock.
Capital raise
OTC.Pink
The Coretec Group has acquired a controlling stake in KIB Plug Energy, a South Korean company, and plans to establish a large-scale battery manufacturing facility in the United States.
Better than expected
Capital raise
OTC.Pink
The Coretec Group has appointed Antti Uusiheimala as its new Chief Financial Officer, succeeding Ho Seok Kim, effective November 18, 2024.
Quarterly Earnings (10-Q)
OTC.Pink
The Coretec Group reported its Q2 2024 financial results, showing no revenue and a net loss, while actively pursuing a merger with Core Optics, LLC.
Delay expected
Capital raise
Worse than expected
OTC.Pink
The Coretec Group reported its Q1 2024 financial results, highlighting a net loss and ongoing efforts to finalize a merger with Core Optics, while also acknowledging substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
Annual Reports (10-K)
OTC.Pink
The Coretec Group's annual 10-K filing details its financial status, ongoing research and development efforts, and a significant share exchange agreement.
Delay expected
Capital raise
Worse than expected
Insider Trading (Form 4)
OTC.Pink
Coretec Group director Birge Watkins was granted 3.3 million non-qualified stock options with a $0.015 exercise price, vesting quarterly over four periods.
OTC.Pink
Coretec Group's CEO, Elbert Michael Ussery, was granted 3.3 million non-qualified stock options with a $0.015 exercise price.
OTC.Pink
Coretec Group's Chief Operating Officer, Jung Min Lee, was granted 3.3 million non-qualified stock options on November 18, 2024.
OTC.Pink
Coretec Group director Victor Keen was granted non-qualified stock options to purchase 3.3 million shares of common stock, vesting quarterly, at an exercise price of $0.015 per share.
OTC.Pink
Coretec Group director David Lee was granted non-qualified stock options for 3.3 million shares of common stock, vesting quarterly, with an exercise price of $0.015 per share.
OTC.Pink
Coretec Group's director, Kim Seonkee, received 3.3 million non-qualified stock options with a $0.015 exercise price, vesting quarterly over four periods.