StreetInsider.com News Articles

HeartCore divests 51% stake in Sigmaways to shed losses

Thu, 25 Jun 2026 08:30:29 -0400

HeartCore Enterprises, Inc. (Nasdaq: HTCR) has completed the sale of its 51% ownership interest in Sigmaways, Inc. to a third party, along with the assignment of related intercompany loans and other receivables, according to a press release from the Tokyo-based IPO consulting firm.

Sigmaways had reported continued revenue declines and operating losses since HeartCore acquired it in 2023. As of March 31, 2026, Sigmaways carried an unaudited shareholders' deficit of approximately $3.6 million, which had weighed on HeartCore's consolidated balance sheet.

HeartCore said the divestiture is part of an effort to streamline operations and redirect resources toward its Go IPO consulting services

Form 8-K HeartCore Enterprises, For: Jun 22

Thu, 25 Jun 2026 08:30:00 -0400

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Form 8-K HeartCore Enterprises, For: Jun 22

Thu, 25 Jun 2026 08:30:00 -0400

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HeartCore Completes Strategic Divestiture of Sigmaways

Thu, 25 Jun 2026 08:30:00 -0400

Transaction advances portfolio optimization strategy, reduces exposure to non-core loss-making operations, and supports focus on cornerstone capital markets and financial services initiatives

NEW YORK and TOKYO, June 25, 2026 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or the “Company”), an IPO consulting services company based in Tokyo, completed the strategic divestiture of its 51% ownership interest in Sigmaways, Inc. (“Sigmaways”), together with the assignment of related intercompany loans and other receivables, to a third party.

The divestiture is part of HeartCore’s ongoing efforts to streamline its operating structure, strengthen its consolidated financial profile, and focus resources

HeartCore Completes Strategic Divestiture of Sigmaways

Thu, 25 Jun 2026 08:30:00 -0400

Transaction advances portfolio optimization strategy, reduces exposure to non-core loss-making operations, and supports focus on cornerstone capital markets and financial services initiatives

The divestiture is part of HeartCore’s ongoing efforts to streamline its operating structure, strengthen its consolidated financial profile, and focus resources

Form 10-Q HeartCore Enterprises, For: Mar 31

Fri, 15 May 2026 08:36:00 -0400

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Form 10-Q HeartCore Enterprises, For: Mar 31

Fri, 15 May 2026 08:36:00 -0400

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Form 8-K HeartCore Enterprises, For: May 15

Fri, 15 May 2026 08:31:00 -0400

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Form 8-K HeartCore Enterprises, For: May 15

Fri, 15 May 2026 08:31:00 -0400

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HeartCore Reports First Quarter 2026 Financial Results

Fri, 15 May 2026 08:30:00 -0400

NEW YORK and TOKYO, May 15, 2026 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or the “Company”), an IPO consulting services company based in Tokyo, reported financial results for the first quarter ended March 31, 2026.

Recent Operational Highlights

As of March 31, 2026, HeartCore was engaged with 16 Go IPO clients, including 6 clients currently in various stages of preparation for potential public registrations and U.S. exchange listings
Regained Nasdaq $1.00 minimum bid price requirement
Authorized $2.0 million share repurchase program