other material
confidence high
sentiment neutral
materiality 0.60
HeartCore Enterprises announces 1-for-20 reverse stock split to regain Nasdaq compliance
HeartCore Enterprises, Inc.
- Reverse split ratio set at 1-for-20; effective April 2, 2026 at 4:00 p.m. ET.
- Shares to begin trading on Nasdaq on split-adjusted basis on April 6, 2026 under new CUSIP 42240Q 203.
- Split intended to increase share price to meet Nasdaq's $1.00 minimum bid price for continued listing.
- Fractional shares rounded up to nearest whole share; no change to authorized shares or par value.
- Stockholder approval obtained on June 30, 2025; board set ratio within approved range.