HeartCore Enterprises (NASDAQ: HTCR), a Tokyo-based enterprise software and data consulting firm, announced it has entered into a Securities Purchase Agreement and an Equity Purchase Agreement with Crom Structured Opportunities Fund I, LP. The Company may issue up to $2 million in Series A Convertible Preferred Stock and sell up to $25 million in common stock over time under the agreements. HeartCore intends to use the proceeds to advance its M&A strategy—focusing on recurring revenue, AI-driven tech, and cross-sell opportunities—and to meet Nasdaq’s $2.5 million minimum equity requirement for continued listing under Rule 5550(b).
To view the full press release, visit https://ibn.fm/ZPDEn
About HeartCore Enterprises, Inc.
Headquartered in Tokyo, Japan, with offices in New York and San Francisco, CA, HeartCore 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.
For more information, visit the company’s website at https://heartcore-enterprises.com/.
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