KULR Announces Extension of Outstanding Note
August 30 2023 - 4:05PM
KULR Technology Group, Inc. (NYSE American: KULR)
(the "Company" or "KULR"), a global leader in sustainable energy
management, today announced that it has extended the initial
tranche of its Note repayment to Yorkville to September 22, 2023.
Michael Mo, KULR CEO, commented: "During this
period of ongoing discussions with Yorkville Advisors, we
appreciate their willingness to grant an extension to the Company's
outstanding Note. In the interim, this allows management to
continue to focus on operations and execution of its growth
initiatives.”
About KULR Technology Group
Inc.KULR Technology Group Inc. (NYSE American: KULR) is a
leading energy management platform company offering proven
solutions that play a critical role in accelerating the
electrification of the circular economy. Leveraging a foundation in
developing, manufacturing, and licensing next-generation carbon
fiber thermal management technologies for batteries and electronic
systems, KULR has evolved its holistic suite of products and
services to enable its customers across disciplines to operate with
efficiency and sustainability in mind. For more information, please
visit www.kulrtechnology.com.
Safe Harbor StatementThis press release does
not constitute an offer to sell or a solicitation of offers to buy
any securities of any entity. This release contains certain
forward-looking statements based on our current expectations,
forecasts and assumptions that involve risks and uncertainties.
Forward-looking statements in this release are based on information
available to us as of the date hereof. Our actual results may
differ materially from those stated or implied in such
forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors
disclosed in our Annual Report Form 10-K filed with the Securities
and Exchange Commission on March 28, 2023, as may be amended or
supplemented by other reports we file with the Securities and
Exchange Commission from time to time. Forward-looking statements
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“estimate,” “expect,” “intend,” “may,” “should,” and “would” or
similar words. Except as required by law, we assume no obligation
to update the information included in this press release, whether
as a result of new information, future events or otherwise.
Investor Relations:KULR Technology Group,
Inc.Phone: 858-866-8478 x 847Email: ir@kulrtechnology.com
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