A good read about what Core Optics was facing in , " The delay is a result of continued efforts to meet final closing conditions, primarily the need for Core Optics' accounting which uses Korean International Financial Reporting Standards "K-IFRS," to be converted to US GAAP. "
The Coretec Group and Core Optics, LLC have entered into an amendment to share exchange agreement which extends the closing date to no later than August 15, 2024.