Published: April 11, 2023 at 4:37 p.m. ET
By Denny Jacob
HeartCore Enterprises Inc. shares rose 47% to $1.29 in aftermarket trading on Tuesday after the company announced it had signed an agreement with rYojbaba Inc. for its 10th IPO advisory service.
The software development company said it will support rYojbaba in his efforts to go public and get listed on Nasdaq stock…
By Denny Jacob
HeartCore Enterprises Inc. shares rose 47% to $1.29 in aftermarket trading on Tuesday after the company announced it had signed an agreement with rYojbaba Inc. for its 10th IPO advisory service.
The software development company said it will support rYojbaba in his efforts to go public and get listed on the Nasdaq exchange. It expects to receive $500,000 in initial fees from rYojbaba as compensation for its services. It also received a warrant to acquire 3% of rYojbaba’s common stock on a fully diluted basis.
“With the progress being made on all fronts of our organization, in addition to all of our existing clients within the Go IPO pipeline, which are scheduled to go public by the end of this year, we believe we are poised for a robust 2023 are,” said Managing Director Sumitaka Yamamoto.
Write to Denny Jacob at [email protected]
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