HeartCore Enterprises signs 16th Go IPO contract

HeartCore Enterprises (HTCR) announced that it has signed an agreement with Cipher Core for its 16th Go IPO consulting service win. As compensation for its services, Cipher Core will pay HeartCore an aggregate of $500,000 in fees, and issue to HeartCore a warrant to acquire 3% of Cipher Core’s capital stock, on a fully diluted basis. In the event that the Consulting Agreement extends beyond the initial 12-month term, the Company shall be compensated on an hourly basis for the time spent delivering its consulting services. The number of warrant shares, which is fully earned, vested, and non-returnable, may be subject to adjustments.