---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-006749"
form_type: "8-K"
ticker: null
cik: "0001375195"
company_name: "CORETEC GROUP INC."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:28:05.833528+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Coretec Group acquires Core Optics; Dr. Kim to lead combined company; seller gets ~80% stake

## Summary
- Coretec Group to acquire 100% of Core Optics via issuance of 10M Series C Preferred (convertible to 1.5B common) and 705.6M common shares.
- Seller (Core Optics member) expected to own ~80% of Coretec's common stock on fully-diluted basis post-closing.
- Dr. Seonkee Kim to become CEO of combined company; shareholder call on March 14, 2024.
- Core Optics has revenue from CCM testing, over 30 patents, and customer relationships with top mobile and auto manufacturers.
- Synergies in EVs, 3D display, and LiDAR; combined company to pursue uplisting to senior exchange.

## SEC filing metadata
- accession: 0001437749-24-006749
- form_type: 8-K
- cik: 0001375195
- company_name: CORETEC GROUP INC.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1375195/000143774924006749/0001437749-24-006749-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1375195/000143774924006749/crtg20240305_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-006749
- JSON: https://secwatch.observer/filing/0001437749-24-006749.json
- Plain text: https://secwatch.observer/filing/0001437749-24-006749.txt

## Key facts
- Material Agreements
  CORETEC GROUP INC. entered into Share Exchange Agreement with Core SS LLC valued at Member to sell all membership interests in Core Optics in exchange for 10,000,000 shares of Series C (effective 2024-03-01).
  - Action: entry
  - Agreement: merger
  - Counterparty: Core SS LLC
  - Value: Member to sell all membership interests in Core Optics in exchange for 10,000,000 shares of Series C
  - Effective: 2024-03-01
  source text: On March 1, 2024, The Coretec Group, Inc. (the “Company”) entered into a Share Exchange Agreement (the “Share Exchange Agreement”) with Core Optics, LLC, a Virginia limited liability company (“Core Optics”), Core Optics Co., Ltd., a Republic of Korea corporation (“Operating Subsidiary”) and Core SS LLC, a Virginia limited liability company (the “Member”), which Member holds all outstanding membership interests in Core Optics.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1375195/000143774924006749/0001437749-24-006749-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.