HeartCore Enterprises, Inc.

HeartCore Enterprises, Inc. (HTCR) priced its initial public offering on Feb 10, 2022 at $5.00 per share, within its $4.00–$6.00 range, raising $15M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $94.6M. Anthony L.G. advised the company and Bevilacqua advised the underwriters.

HeartCore Enterprises, Inc. is a Tokyo-based software development company. Its customer experience management platform includes marketing, sales, service and content management systems, and it also operates a second business unit focused on digital transformation.

Status

IPO

Ticker

HTCR

Exchange

Nasdaq Capital Market

Priced

Feb 10, 2022

IPO price

$5.00

Price range

$4.00–$6.00

Raised

$15M

Market cap at IPO price

$94.6M

First filed

Jan 3, 2022

Company counsel

Anthony L.G.

Underwriters' counsel

Bevilacqua

Sector

Technology

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.