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Coretec Group Inc CRTG
(Total Views: 116)
Posted On: 11/13/2024 7:44:45 AM
Post# of 24
Posted By: timetravel
Re: znewcar1 #4
I found at the Oklahoma Secretary of State website that the company had a new entry Nov ^th , last wednesday . They filed a new certificate of designation . The info is publically available so i ordered it. CRTG got 150,000 Series D preferred shares authorized .I didnt see how many shares each 1 converts into as far as common stock goes . They already have a lot of series C shares approved recently ...I know CRTG is already public but they might be used for an acqusition . CRTGs CEO is the CEO of ZaiCell Inc in Virginia and they are building a 50 giga watt battery manufacturing plant . They are private so im speculating they may want to go public through CRTG ??

What type of investors offer Series D funding?
The leading players, including VC, PE, hedge funds, investment banks, and corporate investors, will remain the same.

What should you use Series D funding for?
Companies often use Series D funds to prepare their operations and finances for an initial public offering(IPO). This would include refining their business model, strengthening the balance sheet, and ensuring compliance with regulatory requirements​.

How companies get Series D Funding
To get Series D funding, companies need to show predictable growth and a clear plan for an exit, like an IPO or acquisition. This typically involves showcasing strong financials, a solid exit strategy, and being prepared for thorough due diligence​.













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