HTCR - HeartCore Signs Eleventh Go IPO Contract | Benzinga
NEW YORK and TOKYO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- 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 ...