other material
confidence high
sentiment positive
materiality 0.70
HeartCore enters consulting agreement with BloomZ for IPO prep; $500k cash plus 8% warrant
HeartCore Enterprises, Inc.
- Cash fee of $500,000 payable in installments: $200k on signing, $150k at month 3, $150k at month 6.
- Warrant to acquire 8% of BloomZ’s fully diluted shares at $0.01 per share, exercisable after BloomZ IPO or SPAC transaction.
- Services include IPO documentation, internal controls, US GAAP conversion, NASDAQ listing support, and IR preparation.
- Term of 8 months from January 11, 2023; may be terminated by either party upon notice.
- HeartCore shall not provide legal advice, accounting services, or act as an investment advisor or broker-dealer.