HeartCore Enterprises Granted Extension by Nasdaq to Regain Compliance with Minimum Stockholders' Equity Requirement

Reuters
18 Jul
<a href="https://laohu8.com/S/HTCR">HeartCore Enterprises</a> Granted Extension by Nasdaq to Regain Compliance with Minimum Stockholders' Equity Requirement

HeartCore Enterprises Inc. faces potential delisting from the Nasdaq Capital Market due to non-compliance with the minimum stockholders' equity requirement of $2,500,000. The company submitted a compliance plan by the deadline of July 8, 2025. On July 11, 2025, Nasdaq granted HeartCore an extension to meet this requirement. By September 30, 2025, the company must complete specified financing transactions to regain compliance. HeartCore has entered into an Equity Purchase Agreement allowing it to direct Crom Structured Opportunities Fund I, LP to purchase up to $25,000,000 in shares to assist in meeting the equity requirement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HeartCore Enterprises Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-065139), on July 17, 2025, and is solely responsible for the information contained therein.

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