other material
confidence high
sentiment positive
materiality 0.55
HeartCore signs 12th Go IPO consulting contract with Jyo Co., Ltd.
HeartCore Enterprises, Inc.
- Service fees of $750,000 payable in four installments over six months; first $250,000 due on signing.
- Warrant to acquire 2% of Jyo's fully diluted shares at $0.01 per share, exercisable after Nasdaq or NYSE listing.
- Contract term of three years or two years after Jyo's US public listing, renewable by mutual agreement.
- CEO Yamamoto cites robust demand for Go IPO brand; this is HeartCore's first contract win in 2024.