HeartCore Enterprises, Inc. (Nasdaq: HTCR), a leading enterprise software and digital transformation company headquartered in Tokyo, has entered into a structured capital agreement with Crom Structured Opportunities Fund I, LP to support its strategic M&A initiatives and maintain compliance with Nasdaq listing requirements.The transaction includes the sale of up to 2,000 shares of Series A Convertible Preferred Stock for gross proceeds of $2 million, each share priced at $1,000 with a stated value of $1,100. Additionally, under a separate Equity Purchase Agreement, HeartCore has the right to sell up to $25 million of its common stock, listed on the Nasdaq Capital Market.
Lucosky Brookman LLP served as legal counsel to HeartCore Enterprises.
