M&A
confidence high
sentiment neutral
materiality 0.70
HeartCore divests 51% Sigmaways stake, debt for up to $650k; reduces loss exposure
HeartCore Enterprises, Inc.
- HeartCore sold 51% stake in Sigmaways and $2.19M in promissory notes for up to $650k ($1k cash + earn-out).
- Sigmaways had a $3.6M shareholders' deficit as of March 31, 2026, and continued operating losses.
- Company contributed a $350k SAFE note from Heart-Tech Health to Semaphore as additional consideration.
- Earn-out is 10% of Sigmaways revenue over $5.5M within 12 months post-closing.
- HeartCore now focuses on Go IPO consulting (3 engagements) and M&A advisory (2 engagements).