HeartCore Enterprises, Inc. (HTCR) Form 8-K/A Summary
This amendment clarifies the closing of a material definitive agreement regarding the sale of its subsidiary, HeartCore Inc. (HeartCore Japan), on October 31, 2025.
- Transaction: Sold 100% equity interests in HeartCore Japan to Smith Japan Holdings KK.
- Purchase Price: Approximately $12 million (¥1.8B).
- Payment Structure: Includes immediate payment (net of debt), a 180-day holdback, and Deferred Consideration of ¥322.7M due October 31, 2028 (6.65% interest).
...The Company has made the strategic dec