HeartCore Signs Eleventh Go IPO Contract
October 03 2023 - 4:05PM
HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or
the “Company”), a leading enterprise software and
consulting services company based in Tokyo, announced that it has
signed an agreement (“Consulting Agreement”) with GATES GROUP Inc.
(“GATES GROUP”) for its eleventh Go IPO consulting service win.
As part of the Consulting Agreement, HeartCore will assist GATES
GROUP in its efforts to go public and list on the Nasdaq Stock
Market (“Nasdaq”). Through Go IPO, the Company services clients by
assisting throughout the audit and legal firm hiring process,
translating requested documents into English, assisting in the
preparation of documentation for internal controls required for an
initial public offering or de-SPAC, 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 from GATES GROUP an aggregate of $600,000 in initial fees.
In addition, HeartCore has received a warrant to acquire 3% of
GATES GROUP’s common stock, on a fully diluted basis.
“The consistently growing interest shown by Japanese companies
to list on the U.S. markets has allowed us to secure our eleventh
Go IPO contract win, a testament to our ability in capitalizing on
this expanding opportunity,” said CEO Sumitaka Yamamoto. “The
ongoing demand of the Go IPO consulting service, coupled with the
notable progress made to expand our global footprint with our
enterprise software sector, reinforces our commitment to advancing
our two-pronged growth strategy. Our team remains steadfast in
helping as many companies as possible through our Go IPO program,
and we hope to drum up incremental interest at our upcoming Nasdaq
Listing Guidance for Japanese Companies Seminar on October 25,
2023. Thanks to the continued execution of our team, we remain on
track to make 2023 our strongest year yet across several
measures.”
About HeartCore Enterprises, Inc.Headquartered
in Tokyo, Japan, HeartCore Enterprises is a leading enterprise
software and consulting services company. HeartCore offers 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. HeartCore’s
GO IPOSM consulting services helps Japanese-based companies go
public in the U.S. Additional information about the Company's
products and services is available at
and https://heartcore-enterprises.com/
Forward-Looking StatementsAll 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 “believed,” “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@gateway-grp.com(949)
574-3860
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