HeartCore Enterprises (NASDAQ: HTCR), a software developer soared by more than 100% in pre-market trading on Wednesday after the company signed a consulting agreement with rYojbaba for its tenth Go IPO consulting service win.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
As a part of this agreement, HeartCore will assist rYojbaba in going public and listing on the Nasdaq stock market. In return, HTCR will receive initial fees of $500,000 from rYojbaba and also a warrant to acquire 3% of rYojbaba’s common stock, on a fully diluted basis.
Moreover, HeartCore has received “$4.1 million of SYLA Technologies’ common stock following its recent IPO in conjunction with $450,000 of AERWINS’ common stock, both valued as of March 31, 2023.”
Even with today’s stock surge, HTCR stock has tanked by more than 60% in the past year.
