HeartCore shares more than double on tenth IPO contract
12/04/2023 10:22
** Shares of Japan-based software development co HeartCore Enterprises HTCR.O more than
double to $2.13 premarket
** Signs agreement with rYojbaba Inc. for its tenth Go IPO consulting service contract
** As part of agreement, HTCR will assist rYojbaba in its efforts to go public and list on
Nasdaq
** HTCR expects to generate from rYojbaba $500,000 in initial fees and has received a
warrant to acquire 3% of rYojbaba's common stock
** Through Go IPO, HTCR helps clients by providing general support services, assisting in
preparation of the S-1 or F-1 filing, and more
** Up to last close, stock had fallen 3.3% this year
(Reporting by Ashwini Raj in Bengaluru)
((Ashwini.Raj@thomsonreuters.com))