HeartCore terminates stock sales agreement with Sutter; no ATM shares sold

HeartCore Enterprises, Inc.

Terminated Common Stock Sales Agreement with Sutter Securities, effective Oct 21, 2023.
No shares of common stock sold under the ATM prospectus supplement (up to $4,205,067).
Company expects to terminate the ATM Prospectus Supplement and ATM Offering after Oct 21.
No additional sales of common stock under the ATM Offering are intended.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

HeartCore Enterprises, Inc. terminated Common Stock Sales Agreement with Sutter Securities, Inc. valued at Termination of Common Stock Sales Agreement (effective 2023-10-21).

Action: termination
Agreement: atm program
Counterparty: Sutter Securities, Inc.
Value: Termination of Common Stock Sales Agreement
Effective: 2023-10-21

Exact text from the filing

On October 11, 2023, HeartCore Enterprises, Inc. (the “Company”) delivered written notice to Sutter Securities, Inc. (“Sutter”) that the Company was terminating the Common Stock Sales Agreement, dated May 29, 2023, by and between the Company and Sutter (the “Sales Agreement”), in accordance with its terms, which termination will be effective on October 21, 2023.

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HeartCore Enterprises, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-037039

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