Octus Inc. Exits Shell Company Status

As a result of entering the license agreement and raising capital, Octus Inc. believes it has transitioned out of shell company status as defined by SEC rules. The company is actively seeking additional technologies and business opportunities in the smart energy sector.

“As a result of these developments, the Company believes that it has transitioned out of the status as a “shell company” as defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended.”

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