HeartCore Regains Compliance with Nasdaq Listing Requirements

Quick Summary:

NEW YORK and TOKYO, Nov.05, 2024 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc.(Nasdaq: HTCR) ("HeartCore” or "the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced today that it has received written notice from the Nasdaq Stock Market LLC that the Company demonstrated compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement”) and that the Company is therefore in compliance with the Nasdaq Capital Market’s listing requirements.

Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond HeartCore’s control which could, and likely will materially affect actual results, and levels of activity, performance, or achievements.

As previously disclosed, on October 22, 2024, the Company received written notice from the Nasdaq Listing Qualifications Department indicating that it was then not in compliance with the Minimum Bid Price Requirement for continued listing on the Nasdaq Capital Market.

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Article Details

Author / Journalist: HeartCore Enterprises Inc.

Category: Technology

Markets: ChinaJapan

Topics: Nasdaq:HTCR US42240Q1040

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 21:05:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 541 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23437377

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