HeartCore to Host ‘Listing on U.S. Stock Exchanges’ Seminar on June 9, 2023 in Tokyo, Japan
June 06 2023 - 8:30AM
HeartCore Enterprises, Inc. (“HeartCore” or “the
Company”), a leading software development company offering
Customer Experience Management Platform (“CXM Platform”) and
Digital Transformation (“DX”), will host a U.S. Exchange Listing
seminar on June 9, 2023 in Tokyo, Japan.
The seminar will consist of a lecture and panel
discussion by Keith Moore, CEO of Boustead Securities, LLC.
HeartCore expects a myriad of Japanese companies to be in
attendance, as the seminar will inform attendees of the realities
of going public on U.S. Exchanges, including The Nasdaq Stock
Market (“Nasdaq”) and the New York Stock Exchange (“NYSE”), in
addition to an overview of its very successful Go IPO consulting
service. As of May 31, 2023, HeartCore has received confirmation
from 91 companies to be in attendance at the seminar.
Two of HeartCore’s Go IPO clients have now listed
on Nasdaq, and HeartCore expects an additional six of its existing
clients to commence trading on Nasdaq or the NYSE by the end of
this year. HeartCore’s current fee structure consists of $500,000
and a success fee of approximately 3% of warrants from its client’s
market capitalization.
“On behalf of HeartCore, I am pleased to host
Boustead Securities’ CEO Keith Moore for our first ever U.S.
Exchange listing seminar,” said CEO Sumitaka Yamamoto. “Given the
recent, growing interest of Japanese companies to go public in the
U.S., we want to capitalize on the opportunity by hosting this
informative session where management team members will not only
learn the benefits of being a public entity in the U.S. but can
understand how HeartCore can be helpful with a historically
strenuous process. Our Go IPO business pipeline continues to grow,
and we’re encouraged by some of our bigger clients such as SBC
Medical Group, which has agreed to merge with Pono Capital Two,
Inc., a Nasdaq listed company. The transaction values SBC at $1.2
billion and HeartCore has been granted warrants with an approximate
value of $32.4 million based on the SBC – Pono transaction value,
which of course, will significantly benefit our top line. Our
increase in Q1 2023 revenue and our Q1 2023 profits, which
surpassed all of 2022 profits came, in part, as a result of just
two of our Go IPO companies successfully listing on Nasdaq. With
six more clients expected to list on U.S. Exchanges in 2023 we
anticipate a very strong year for our company.”
The seminar will be webcasted live on June 9, 2023
at 2:00 PM JST here.
About HeartCore Enterprises,
Inc.Headquartered in Tokyo, Japan, HeartCore Enterprises
is a leading software development company offering Software as a
Service (SaaS) solutions to enterprise customers in Japan and
worldwide. The Company also provides data analytics services that
allow enterprise businesses to create tailored web experiences for
their clients through best-in-class design. HeartCore’s customer
experience management platform (CXM Platform) includes marketing,
sales, service and content management systems, as well as other
tools and integrations, which enable companies to enhance the
customer experience and drive engagement. HeartCore also operates a
digital transformation business that provides customers with
robotics process automation, process mining and task mining to
accelerate the digital transformation of enterprises. Furthermore,
HeartCore offers “Go IPO,” a consulting service where it assists
private companies with uplisting onto the Nasdaq Stock Market.
Additional information about the Company's products and services is
available at www.heartcore.co.jp and
https://heartcore-enterprises.com/.
The Company does not render legal advice or perform
accounting services, and will not act as an investment advisor or
broker/dealer. Additionally, the Company does not provide the
following services, among others: negotiation of the sale of a
client’s securities; participation in discussions between a client
and potential investors; assisting in structuring any transactions
involving the sale of a client’s securities; pre-screening of
potential investors; due diligence activities; and providing advice
relating to valuation of or financial advisability of any
investments in a client.
Forward-Looking StatementsThe
Private Securities Litigation Reform Act of 1995 and Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, provide a safe harbor
for forward-looking statements made by or on behalf of the Company.
All statements other than statements of historical facts included
in this press release are forward-looking statements. In some
cases, forward-looking statements can be identified by words such
as “believe,” “intend,” “expect,” “anticipate,” “plan,”
“potential,” “continue” or similar expressions. Such
forward-looking statements include risks and uncertainties, and
there are important factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. These factors, risks, and uncertainties
are discussed in HeartCore’s filings with the Securities and
Exchange Commission. Investors should not place any undue reliance
on forward-looking statements since they involve known and unknown,
uncertainties and other factors which are, in some cases, beyond
HeartCore’s control which could, and likely will materially affect
actual results, and levels of activity, performance, or
achievements. Any forward-looking statement reflects HeartCore’s
current views with respect to future events and is subject to these
and other risks, uncertainties, and assumptions relating to
operations, results of operations, growth strategy, and liquidity.
HeartCore assumes no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. The contents of any website referenced in
this press release are not incorporated by reference herein.
HeartCore Investor Relations
Contact:Gateway Group, Inc.Matt Glover and John
YiHTCR@gatewayir.com(949) 574-3860
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