ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

CS Diagnostics Corp. is Entering into a $5 Million Loan Agreement with SAN ART CAPITAL SAS

CHEYENNE, WY / ACCESS Newswire / April 15, 2025 / Neuss, Germany: CS Diagnostics Corp. is pleased to announce that it has received a Letter of Intent from SAN ART CAPITAL SAS, a leading advisory and investment management firm based in Bogotá, Colombia for a proposed USD 5,000,000 (five million US dollars) equity loan to support the production and commercialization of CS Diagnostic Corp.'s assets and strategic developments.

The proposed financing outlined in a Letter of Intent issued by Carlos Arturo Marcucci Caceres, legal representative of SAN ART CAPITAL SAS in return of Series C Preferred Stock of CS Diagnostics Corp. (OTCQB:CSDX). The strategic funding arrangement is intended to strengthen CS Diagnostics Corp.'s operational capabilities, drive growth, and scale its products CS - Protect Hydrogel and MEDUSA in global markets.

Strategic Purpose:

The intended use of funds will be allocated to support the commercial rollout of CS- Protect Hydrogel further R&D, operational expansions, and U.S. EPA approval for its Smart Disinfectant Product MEDUSA. The parties will proceed with final due diligence and definitive agreement negotiations with the goal of closing the transaction in the coming weeks.

Mohammad EsSayed, Vice President of the Board at CS Diagnostics Corp., commented:

"This funding agreement will mark a significant milestone in strengthening our financial foundation and aligning with a strategic financial capability. It will allow us to confidently advance through key regulatory stages and operates in several markets while preserving shareholder value and minimizing dilution."

About CS Diagnostics Corp (CSDX)

CS Diagnostics Corp is a biotechnology company focused on the development of cutting-edge diagnostics and therapeutic delivery technologies. Its flagship products, CS Protect-Hydrogel and MEDUSA are designed to meet critical unmet needs in patient care and environmental protection.

About SAN ART CAPITAL SAS

SAN ART CAPITAL SAS http://sanartcapital.com is a Colombia-based private investment firm supporting emerging companies across innovative sectors. The firm partners with high-potential ventures to provide strategic funding and long-term growth capital.

Forward-Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.

Actual results achieved may vary from the information provided herein because of numerous known and unknown risks and uncertainties and other factors.

For further information please visit: https://csdcorp.us/ or email: media@csdcorp.us.

SOURCE: CS Diagnostics Corp.



View the original press release on ACCESS Newswire

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.