HeartCore Announces Strategic Financing to Support Software Business Growth Initiatives
HeartCore Enterprises (Nasdaq: HTCR), a Tokyo-based enterprise software and data consulting services company, has secured strategic financing through agreements with Crom Structured Opportunities Fund I, LP. The financing consists of two components: a Securities Purchase Agreement allowing HeartCore to issue up to 2,000 shares of Series A Convertible Preferred Stock at $1,000 per share for gross proceeds of $2.0 million, and an Equity Purchase Agreement enabling the company to sell up to $25.0 million of its common stock over time.
The company plans to utilize the proceeds to support its M&A strategy, focusing on acquiring companies with recurring revenue, complementary technologies, and strong AI capabilities. Additionally, the funding will help HeartCore address Nasdaq's listing requirement of maintaining a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market.
HeartCore Enterprises (Nasdaq: HTCR), un'azienda di software aziendale e servizi di consulenza dati con sede a Tokyo, ha ottenuto un finanziamento strategico tramite accordi con Crom Structured Opportunities Fund I, LP. Il finanziamento è composto da due parti: un Accordo di Acquisto di Titoli che consente a HeartCore di emettere fino a 2.000 azioni di Serie A Preferred Convertibili al prezzo di 1.000 dollari ciascuna, per un ricavo lordo di 2,0 milioni di dollari, e un Accordo di Acquisto di Azioni che permette all'azienda di vendere fino a 25,0 milioni di dollari delle sue azioni ordinarie nel tempo.
L'azienda intende utilizzare i proventi per sostenere la propria strategia di fusioni e acquisizioni, concentrandosi sull'acquisizione di società con ricavi ricorrenti, tecnologie complementari e forti capacità di intelligenza artificiale. Inoltre, il finanziamento aiuterà HeartCore a soddisfare il requisito di quotazione del Nasdaq di mantenere un patrimonio netto minimo di 2,5 milioni di dollari per continuare la quotazione sul Nasdaq Capital Market.
HeartCore Enterprises (Nasdaq: HTCR), una empresa de software empresarial y servicios de consultoría de datos con sede en Tokio, ha asegurado financiamiento estratégico mediante acuerdos con Crom Structured Opportunities Fund I, LP. El financiamiento consta de dos componentes: un Acuerdo de Compra de Valores que permite a HeartCore emitir hasta 2,000 acciones de la Serie A Preferente Convertible a 1,000 dólares por acción para obtener ingresos brutos de 2.0 millones de dólares, y un Acuerdo de Compra de Acciones que permite a la compañía vender hasta 25.0 millones de dólares de sus acciones comunes con el tiempo.
La empresa planea utilizar los fondos para apoyar su estrategia de fusiones y adquisiciones, enfocándose en adquirir compañías con ingresos recurrentes, tecnologías complementarias y fuertes capacidades de inteligencia artificial. Además, el financiamiento ayudará a HeartCore a cumplir con el requisito de listado del Nasdaq de mantener un patrimonio neto mínimo de 2.5 millones de dólares para continuar cotizando en el Nasdaq Capital Market.
HeartCore Enterprises (나스닥: HTCR)는 도쿄에 본사를 둔 엔터프라이즈 소프트웨어 및 데이터 컨설팅 서비스 회사로, Crom Structured Opportunities Fund I, LP와의 계약을 통해 전략적 자금을 확보했습니다. 이 자금 조달은 두 가지 구성 요소로 이루어져 있습니다: HeartCore가 주당 1,000달러에 최대 2,000주의 시리즈 A 전환 우선주를 발행할 수 있는 증권 매입 계약과, 회사가 보통주 2,500만 달러어치를 시간에 걸쳐 판매할 수 있는 주식 매입 계약입니다.
회사는 이 자금을 인수합병(M&A) 전략을 지원하는 데 사용할 계획이며, 반복 수익이 있는 기업, 보완 기술, 강력한 인공지능 역량을 보유한 회사를 인수하는 데 중점을 둘 예정입니다. 또한, 이 자금은 HeartCore가 나스닥 자본 시장에 계속 상장하기 위한 최소 주주 자본 250만 달러 유지 요건을 충족하는 데도 도움이 될 것입니다.
HeartCore Enterprises (Nasdaq : HTCR), une entreprise basée à Tokyo spécialisée dans les logiciels d'entreprise et les services de conseil en données, a obtenu un financement stratégique via des accords avec Crom Structured Opportunities Fund I, LP. Ce financement comprend deux volets : un accord d'achat de titres permettant à HeartCore d'émettre jusqu'à 2 000 actions de série A privilégiées convertibles au prix de 1 000 dollars par action, pour un produit brut de 2,0 millions de dollars, et un accord d'achat d'actions permettant à la société de vendre jusqu'à 25,0 millions de dollars de ses actions ordinaires au fil du temps.
La société prévoit d'utiliser ces fonds pour soutenir sa stratégie de fusions et acquisitions, en se concentrant sur l'acquisition d'entreprises générant des revenus récurrents, disposant de technologies complémentaires et de solides capacités en intelligence artificielle. De plus, ce financement aidera HeartCore à répondre à l'exigence de cotation du Nasdaq qui impose de maintenir un fonds propres minimum de 2,5 millions de dollars pour rester cotée sur le Nasdaq Capital Market.
HeartCore Enterprises (Nasdaq: HTCR), ein in Tokio ansässiges Unternehmen für Unternehmenssoftware und Datenberatungsdienste, hat durch Vereinbarungen mit dem Crom Structured Opportunities Fund I, LP eine strategische Finanzierung gesichert. Die Finanzierung besteht aus zwei Komponenten: einer Wertpapierkaufvereinbarung, die es HeartCore ermöglicht, bis zu 2.000 Aktien der Serie A wandelbarer Vorzugsaktien zu je 1.000 USD mit Bruttoerlösen von 2,0 Millionen USD auszugeben, und einer Aktienkaufvereinbarung, die dem Unternehmen erlaubt, im Laufe der Zeit bis zu 25,0 Millionen USD seiner Stammaktien zu verkaufen.
Das Unternehmen plant, die Erlöse zur Unterstützung seiner M&A-Strategie zu verwenden, mit Fokus auf den Erwerb von Unternehmen mit wiederkehrenden Einnahmen, komplementären Technologien und starken KI-Fähigkeiten. Darüber hinaus wird die Finanzierung HeartCore dabei helfen, die Nasdaq-Notierungsanforderung zu erfüllen, ein Mindestaktionärskapital von 2,5 Millionen USD für die fortgesetzte Notierung am Nasdaq Capital Market aufrechtzuerhalten.
- Access to up to $27 million in total financing through preferred stock and equity agreements
- Strategic focus on M&A opportunities targeting companies with recurring revenue and AI capabilities
- Large existing customer base of over 1,000 software clients providing cross-sell opportunities
- Financing helps address Nasdaq listing compliance requirements
- Company needs to address Nasdaq listing compliance issues regarding minimum stockholders' equity
- Potential dilution risk from both preferred stock and common stock issuance
- Preferred shares carry a premium stated value of $1,100 versus $1,000 purchase price
NEW YORK and TOKYO, July 01, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or the “Company”), a leading enterprise software and data consulting services company based in Tokyo, announced it has entered into a Securities Purchase Agreement and Equity Purchase Agreement with Crom Structured Opportunities Fund I, LP (“Crom”).
“This financing provides us with added flexibility to pursue our software growth initiatives,” said HeartCore CEO Sumitaka Kanno. “M&A remains central to our strategy as we target companies with recurring revenue, complementary technologies, and strong AI capabilities. By integrating these assets, we believe we can unlock meaningful value through cross-sell and upsell opportunities to our base of more than 1,000 software customers.”
Under the Securities Purchase Agreement, HeartCore may issue up to 2,000 shares of Series A Convertible Preferred Stock to Crom at
Under the Equity Purchase Agreement, HeartCore has the right to sell up to
The Company plans to use the net proceeds to support its M&A strategy and to address the Nasdaq Stock Market’s equity compliance requirement under Listing Rule 5550(b), which mandates a minimum
For more information about the financing, please refer to the Current Report on Form 8-K filed by the Company with the U.S. Securities and Exchange Commission.
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.
HeartCore’s Go IPO℠ consulting services helps Japanese-based companies go public in the U.S.
Additional information about the Company's products and services is available at https://heartcore-enterprises.com/.
Forward-Looking Statements
All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believed,” “intend,” “expect,” “anticipate,” “plan,” “potential,” “continue,” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks, and uncertainties are discussed in HeartCore’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond HeartCore’s control which could, and likely will materially affect actual results, and levels of activity, performance, or achievements. Any forward-looking statement reflects HeartCore’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. HeartCore assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.
HeartCore Investor Relations Contact:
Gateway Group, Inc.
John Yi and Steven Shinmachi
HTCR@gateway-grp.com
(949) 574-3860
FAQ
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