HeartCore gets Nasdaq extension to Sept 30 to meet $2.5M equity requirement via $25M ELOC and $2M preferred

HeartCore Enterprises, Inc.

Nasdaq granted extension until September 30, 2025 to regain compliance with $2,500,000 minimum stockholders' equity requirement.
Company must complete Financing Transactions (ELOC up to $25M and $2M Series A Preferred) to evidence compliance by deadline.
Stockholder approval for up to 19.99% issuance obtained June 30; ELOC shares require SEC-registered resale statement.
Private placement of 2,000 Series A Convertible Preferred shares at $1,000 each closed June 30; 750,000 common shares issued as commitment shares.

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