HeartCore regains NASDAQ minimum bid price compliance

HeartCore Enterprises Inc. (NASDAQ: HTCR) received written notice from the Nasdaq Stock Market's Listing Qualifications Department on April 20 confirming the company has regained compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market.

The Tokyo-based IPO consulting services company announced that its common stock will continue to be listed and traded on the Nasdaq Capital Market following the compliance notification. The requirement is set forth in Nasdaq Listing Rule 5550(a)(2).

HeartCore provides U.S. market listing support and related advisory services primarily to Japanese corporate clients. The company is headquartered in Tokyo, Japan.

The information was disclosed in a press release statement issued by the company on April 22.

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