HeartCore Divests Software Business Subsidiary, HeartCore Co., Ltd
Heartcore Enterprises, Inc. (HTCR)
Company Research
Source: GlobeNewswire
NEW YORK and TOKYO, Oct. 31, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or the “Company”), an IPO consulting services company based in Tokyo, announced today it has sold its subsidiary HeartCore Co. Ltd. (“HeartCore Japan”) to Volaris Group UK Holdco LTD (“Volaris Group”) in an all-cash deal for approximately ¥1.8 billion yen (equivalent to approximately USD $12 million, based on the October 24, 2025 Federal Reserve conversion rate of ¥152.82 = USD $1). HeartCore Japan is engaged in the business of developing and sales of comprehensive software. “The rapid evolution of generative AI has fundamentally reshaped the competitive landscape for traditional software businesses like ours,” said HeartCore CEO Sumitaka Kanno. “Generative AI agents are now capable of matching and even outperforming many conventional software offerings and businesses. With this apparent change in the industry, we have spent the past several months carefully evaluating the
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HTCR
News
- HeartCore Reports Financial Results for Third Quarter and Nine Months Ended September 30, 2025 [Yahoo! Finance]Yahoo! Finance
- HeartCore Reports Financial Results for Third Quarter and Nine Months Ended September 30, 2025GlobeNewswire
- Shareholders in HeartCore Enterprises (NASDAQ:HTCR) have lost 30%, as stock drops 15% this past week [Yahoo! Finance]Yahoo! Finance
- HeartCore Granted 180-Day Extension to Regain Compliance with Nasdaq's Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
- HeartCore Granted 180-Day Extension to Regain Compliance with Nasdaq’s Minimum Bid Price RequirementGlobeNewswire
HTCR
Sec Filings
- 11/20/25 - Form SCHEDULE
- 11/18/25 - Form 10-Q
- 11/18/25 - Form 8-K
- HTCR's page on the SEC website