HTCR - HTCR: HeartCore Announces Sale of $9.0 Million in Go IPO Client Warrants | Benzinga
On April 1, 2024, HeartCore Enterprises (NASDAQ: HTCR) announced it had authorized a dividend payment in the amount of $0.02 per share which will total $417,283 to be paid by the company.
After evaluating the Company's balance sheet and financial profile, HeartCore and its Board of Directors deemed it was in the best interest of the company and stockholders to declare the d dividend. The record date for holders to participate in the dividend is April 26, 2024, and the payment date will be May 3, 2024. HeartCore may issue quarterly dividends going forward, contingent upon the financial results.
HeartCore CEO Sumitaka Kanno Yamamoto stated, "I am pleased to announce our inaugural dividend payment, a testament to our strong financial health and cash management throughout the year. After a thorough assessment of our balance sheet and the recent influx of cash from the sale of a Go IPO client warrant, we felt that rewarding our valued shareholders was appropriate and long overdue. We are confident in the current Go IPO pipeline that has become a revenue-generating catalyst for the Company, and eagerly anticipate sharing further updates as they unfold. Looking ahead, we anticipate sales and gross profit to reach their highest levels since HeartCore's inception in the first quarter of 2024. We thank all of our valued shareholders for your continued support, and we're excited for the growth that lies ahead in 2024."
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