HeartCore Signs 14th Go IPO Contract; HeartCore Expects To Generate From Koei Shoji An Aggregate Of $500,000 In Initial Fees, Also Received A Warrant To Acquire 3% Of Koei Shoji's Common Stock, On A Fully Diluted Basis
HeartCore Signs 14th Go IPO Contract; HeartCore Expects To Generate From Koei Shoji An Aggregate Of $500,000 In Initial Fees, Also Received A Warrant To Acquire 3% Of Koei Shoji's Common Stock, On A Fully Diluted Basis
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 Koei Shoji Co., Ltd. ("Koei Shoji") for its 14th Go IPO consulting service win.
总部位于东京的领先企业软件和咨询服务公司HeartCore Enterprises, Inc.（纳斯达克股票代码：HTCR）（“HeartCore” 或 “公司”）宣布，它已与光荣商事有限公司（“Koei Shoji”）签署了一项协议（“咨询协议”），以赢得第14次Go IPO咨询服务。
As compensation for its services, HeartCore expects to generate from Koei Shoji an aggregate of $500,000 in initial fees. In addition, HeartCore has received a warrant to acquire 3% of Koei Shoji's common stock, on a fully diluted basis.
作为服务补偿，HeartCore预计将从Koei Shoji那里获得总额为50万美元的初始费用。此外，HeartCore已收到一份认股权证，将在全面摊薄的基础上收购Koei Shoji3％的普通股。
"I am pleased to announce our 14th Go IPO contract win and third engagement of the year, a reflection of our effective marketing strategies to expand our consulting business across the Japanese markets," said HeartCore CEO Sumitaka Kanno Yamamoto. "Despite a challenging 2023 IPO market, characterized by various uncontrollable macroeconomic and external headwinds that limited the potential of this business segment to fully blossom into our balance sheet, demand continues to remain lofty. Along with our marketing efforts, the depreciated yen against the dollar continues to attract many Japanese companies to pursue the U.S. equity markets. With a promising pipeline of Go IPO clients and deals, we look forward to reaping the financial rewards to bolster our revenue streams and facilitate further M&A opportunities within our software business."
HeartCore首席执行官菅野住隆表示：“我很高兴地宣布，我们赢得了第14份Go IPO合同，也是今年的第三份合约，这反映了我们在日本市场扩展咨询业务的有效营销策略。”“尽管2023年IPO市场充满挑战，其特点是各种无法控制的宏观经济和外部不利因素限制了该业务板块在资产负债表中全面发展的潜力，但需求仍然很高。除了我们的营销努力外，日元兑美元的贬值继续吸引许多日本公司进入美国股票市场。随着Go IPO客户和交易前景光明，我们期待获得经济回报，以增加我们的收入来源，为我们的软件业务提供更多的并购机会。”
As part of the Consulting Agreement, HeartCore will assist Koei Shoji in its efforts to go public and list on the Nasdaq Stock Market ("Nasdaq") or the New York Stock Exchange ("NYSE"). 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.
作为咨询协议的一部分，HeartCore将协助Koei Shoji努力在纳斯达克股票市场（“纳斯达克”）或纽约证券交易所（“纽约证券交易所”）上市和上市。通过Go IPO，公司通过协助整个审计和律师事务所招聘流程、将所需文件翻译成英文、协助准备首次公开募股或去SPAC所需的内部控制文件、提供一般支持服务、协助准备S-1或F-1申报等，为客户提供服务。