Our company's periodic activity report for July-December 2023 hasOur company's periodic activity report for July-December 2023 has been published.

In the second half of 2023, CranioCatch continued building momentum across strategic partnerships, international growth, and compliance with global standards. One of the key developments during this period was the progression of the investment and shareholding agreement with Dentaverse.eth LTD and Dentaverse MENA (Thakaa Med). Following the initial agreement in April 2023, a new Saudi-based holding company, Thakaa Horizon (Al-afak), was formed to manage equity and operations. This led to Thakaa Med becoming the primary shareholder (51%) of Dentaverse.eth LTD.

A revised partnership agreement was signed on December 27, 2023, whereby CranioCatch is set to receive 6% equity in exchange for 10% of its own shares being transferred to Thakaa Med. The revised structure also outlines a $300,000 investment commitment, of which $165,000 has already been received, with the remaining amount due by March 27, 2024. Additionally, CranioCatch will receive 30% of sales revenue from the MENA region, as per the updated profit-sharing model.

While Central Securities Depository (CSD/MKK) registration procedures are still pending for Thakaa Horizon and Thakaa Med, share transfers are expected to finalize shortly upon completion.

Beyond investment activities, CranioCatch achieved several certifications critical to information security and software development, including ISO 27001, ISO/IEC 15504 SPICE Level-2, and ISO 12207. These milestones reflect the company’s commitment to quality, security, and international compliance.

CranioCatch was also accepted into the APS Project Acceleration Program, an EU- and government-supported initiative facilitated by Eskişehir Technical University and ARİNKOM TTO, marking another step toward innovation and institutional collaboration.

All funds raised from the initial investment campaign have been fully allocated, and the process has been independently audited, ensuring transparency and trust for stakeholders and future investors.