leadership
confidence high
sentiment neutral
materiality 0.60
Coretec Group appoints new CEO, CFO; board reshuffled; authorizes $300K loan for OTC filings
CORETEC GROUP INC.
- Seonkee Kim appointed Co-Chairman, President, and CEO; Ho Seok Kim named CFO, effective May 13, 2025.
- Jung Min Lee resigned as director; Antti Uusiheimala relieved of all officer positions.
- Elbert Michael Ussery continues as Co-Chairman; Victor Keen continues as independent director.
- Authorized preparation and filing of OTC Markets Alternative Reporting Standard disclosures for periods ending Sep 2024, Dec 2024, Mar 2025.
- Loan facility of up to $300K authorized to fund audit preparation and compliance activities.
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