HeartCore Signs 13th Go IPO Contract; HeartCore Expects $500,000 In Initial Fees And $300,000 In Success Fees; Received Warrant To Acquire 3% Of PharmaBio's Stock On Fully Diluted Basis
Portfolio Pulse from Benzinga Newsdesk
HeartCore Enterprises, Inc. has signed its 13th Go IPO contract, expecting to receive $500,000 in initial fees and $300,000 in success fees. Additionally, the company has received a warrant to acquire 3% of PharmaBio's stock on a fully diluted basis.
March 18, 2024 | 8:08 pm
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HeartCore Enterprises, Inc. expects significant revenue from its 13th Go IPO contract and a strategic equity position in PharmaBio.
The announcement of a new Go IPO contract and the acquisition of a stake in PharmaBio could be seen positively by investors, potentially leading to an increase in HeartCore's stock price in the short term. The expected fees represent a direct financial benefit, and the strategic stake in PharmaBio could provide long-term value.
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