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Software Development Company HEARTCORE ENTERPRISES Raised for $15 Million

Esther Thin

HeartCore Enterprises Inc, a software development company, raised $15 million by offering 3 million ADSs at $5 low-end at the proposed range of $4 to $6.

The company provides software through two business units. The first business unit includes a customer experience management business that has been in existence for 12 years. The second business unit is a digital transformation business that provides customers with robotics process automation, process mining and task mining to accelerate the digital transformation of enterprises.  

The Tokyo, Japan-based company was founded in 2009 and booked $11 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq Capital Market under the symbol “HTCR.” Boustead Securities is the underwriter of the IPO.

The company engages Anthony L.G., PLLC as US Securities Counsel, and MaloneBailey, LLP as Independent Auditor.

#ipo #nasdaq #HTCR #HeartCore #software #development




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