HeartCore Signs Agreements with Two Clients for its Go IPO Consulting Service
May 11 2022 - 5:25PM
HeartCore Enterprises, Inc., (“HeartCore” or “the
Company”), a leading software development company,
announced that it has signed agreements with two companies for its
recently announced Go IPO consulting service.
After just one month of launching this new
consulting service, HeartCore was able to engage two private
companies that intend to go public on the Nasdaq Stock Market
(“Nasdaq”), Moveaction Co., Ltd. (“Moveaction”) and A.L.I.
Technologies Inc. (“A.L.I. Technologies”). Through Go IPO, the
Company will service those and other clients by assisting
throughout the audit and legal firm hiring process, translating
requested documents into English, providing general support
services, assisting in the preparation of the S-1 or F-1 filing,
and more. As compensation for its services, HeartCore expects to
generate an aggregate of $860,000 in initial fees from Moveaction
and A.L.I. Technologies. In addition, HeartCore has received
warrants to acquire 3% of Moveaction’s common stock, on a fully
diluted basis, as well as 1% of A.L.I. Technologies Inc.'s common
stock, on a fully diluted basis.
“In just over 30 days, we were able to
successfully sign agreements with two clients for our Go IPO
consulting service,” said CEO Sumitaka Yamamoto. “Our team’s
ability to garner this many wins in such a short amount of time is
a testament to their hard work, but is also reflective of the
growing demand for Japanese companies to list on Nasdaq. Our Go IPO
service provides the opportunity for clients to partner with a
dedicated organization that will assist them through the entire IPO
process from start to finish. We are encouraged by the short-term
progress so far and look forward to ramping up this segment of our
business.”
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. Additional
information about the Company’s products and services is available
at www.heartcore.co.jp and https://heartcore-usa.com/.
HeartCore Investor Relations
Contact:Gateway Group, Inc.Matt Glover and John
YiHTCR@gatewayir.com(949) 574-3860
HeartCore Enterprises (NASDAQ:HTCR)
Historical Stock Chart
From Mar 2024 to Apr 2024
HeartCore Enterprises (NASDAQ:HTCR)
Historical Stock Chart
From Apr 2023 to Apr 2024