HeartCore to Expand its Go IPO Consulting Services into South Korea
HeartCore Enterprises (Nasdaq: HTCR), a Tokyo-based enterprise software and data consulting services company, announced its expansion of Go IPO consulting services into South Korea. The company is launching a sales and marketing initiative across the Asia-Pacific region, beginning with a referral program with South Korean partners.
HeartCore plans to engage Thomas Yi, a global entrepreneur from Cross Border Associates (CBA), who brings over 30 years of cross-border transaction experience. The company will partner with Yi and CBA to host an IPO seminar event in South Korea in May 2025.
CEO Sumitaka Kanno highlighted growing interest from companies across South Korea and Asia-Pacific seeking U.S. listings as capital raising alternatives. The expansion beyond Japan aims to create additional deal flow and enhance HeartCore's financial profile.
HeartCore Enterprises (Nasdaq: HTCR), un'azienda di software aziendale e servizi di consulenza dati con sede a Tokyo, ha annunciato l'espansione dei suoi servizi di consulenza Go IPO in Corea del Sud. L'azienda sta lanciando un'iniziativa di vendita e marketing nella regione Asia-Pacifico, iniziando con un programma di referral con partner sudcoreani.
HeartCore prevede di coinvolgere Thomas Yi, un imprenditore globale di Cross Border Associates (CBA), che porta con sé oltre 30 anni di esperienza in transazioni internazionali. L'azienda collaborerà con Yi e CBA per ospitare un evento seminariale sull'IPO in Corea del Sud nel maggio 2025.
Il CEO Sumitaka Kanno ha sottolineato il crescente interesse da parte delle aziende in Corea del Sud e nell'Asia-Pacifico che cercano quotazioni negli Stati Uniti come alternative per raccogliere capitali. L'espansione oltre il Giappone mira a creare un ulteriore flusso di affari e migliorare il profilo finanziario di HeartCore.
HeartCore Enterprises (Nasdaq: HTCR), una empresa de software empresarial y servicios de consultoría de datos con sede en Tokio, anunció su expansión de servicios de consultoría Go IPO en Corea del Sur. La compañía está lanzando una iniciativa de ventas y marketing en la región de Asia-Pacífico, comenzando con un programa de referencia con socios surcoreanos.
HeartCore planea involucrar a Thomas Yi, un emprendedor global de Cross Border Associates (CBA), quien aporta más de 30 años de experiencia en transacciones transfronterizas. La empresa se asociará con Yi y CBA para organizar un seminario sobre IPO en Corea del Sur en mayo de 2025.
El CEO Sumitaka Kanno destacó el creciente interés de las empresas en Corea del Sur y en Asia-Pacífico que buscan listarse en EE.UU. como alternativas para la recaudación de capital. La expansión más allá de Japón tiene como objetivo crear un flujo adicional de negocios y mejorar el perfil financiero de HeartCore.
HeartCore Enterprises (Nasdaq: HTCR), 도쿄에 본사를 둔 기업 소프트웨어 및 데이터 컨설팅 서비스 회사가 한국으로 Go IPO 컨설팅 서비스의 확장을 발표했습니다. 이 회사는 한국 파트너와 함께하는 추천 프로그램을 시작으로 아시아 태평양 지역 전역에서 판매 및 마케팅 이니셔티브를 시작하고 있습니다.
HeartCore는 Cross Border Associates (CBA)의 글로벌 기업가인 Thomas Yi를 참여시킬 계획이며, 그는 30년 이상의 국경 간 거래 경험을 가지고 있습니다. 이 회사는 Yi 및 CBA와 협력하여 2025년 5월 한국에서 IPO 세미나 이벤트를 개최할 것입니다.
CEO Sumitaka Kanno는 미국 상장이라는 자본 조달 대안을 찾고 있는 한국 및 아시아 태평양 지역 기업들의 관심이 높아지고 있다고 강조했습니다. 일본을 넘어선 확장은 추가 거래 흐름을 창출하고 HeartCore의 재무 프로필을 향상시키는 것을 목표로 하고 있습니다.
HeartCore Enterprises (Nasdaq: HTCR), une entreprise de logiciels d'entreprise et de services de conseil en données basée à Tokyo, a annoncé son expansion des services de conseil Go IPO en Corée du Sud. L'entreprise lance une initiative de vente et de marketing dans la région Asie-Pacifique, en commençant par un programme de recommandation avec des partenaires sud-coréens.
HeartCore prévoit d'impliquer Thomas Yi, un entrepreneur mondial de Cross Border Associates (CBA), qui apporte plus de 30 ans d'expérience en transactions transfrontalières. L'entreprise s'associera à Yi et CBA pour organiser un séminaire sur les IPO en Corée du Sud en mai 2025.
Le PDG Sumitaka Kanno a souligné l'intérêt croissant des entreprises en Corée du Sud et en Asie-Pacifique qui recherchent des cotations aux États-Unis comme alternatives pour lever des fonds. L'expansion au-delà du Japon vise à créer un flux d'affaires supplémentaire et à améliorer le profil financier de HeartCore.
HeartCore Enterprises (Nasdaq: HTCR), ein in Tokio ansässiges Unternehmen für Unternehmenssoftware und Datenberatung, hat die Erweiterung seiner Go IPO Beratungsdienste nach Südkorea angekündigt. Das Unternehmen startet eine Verkaufs- und Marketinginitiative in der Asien-Pazifik-Region, beginnend mit einem Empfehlungsprogramm mit südkoreanischen Partnern.
HeartCore plant, Thomas Yi, einen globalen Unternehmer von Cross Border Associates (CBA), einzubinden, der über 30 Jahre Erfahrung in grenzüberschreitenden Transaktionen verfügt. Das Unternehmen wird mit Yi und CBA zusammenarbeiten, um im Mai 2025 eine IPO-Seminarveranstaltung in Südkorea auszurichten.
CEO Sumitaka Kanno hob das wachsende Interesse von Unternehmen in Südkorea und der Asien-Pazifik-Region hervor, die US-Notierungen als Alternativen zur Kapitalbeschaffung suchen. Die Expansion über Japan hinaus zielt darauf ab, zusätzlichen Geschäftsfluss zu schaffen und das finanzielle Profil von HeartCore zu verbessern.
- Expansion into new geographic market (South Korea) for Go IPO services
- Strategic partnership with experienced cross-border transaction expert
- Potential for increased deal flow and revenue from Asia-Pacific region
- No immediate revenue impact disclosed
- Success dependent on unproven market penetration in South Korea
Insights
HeartCore's strategic expansion into South Korea marks a pivotal moment in the company's growth trajectory, particularly given the robust IPO landscape in Asia. The South Korean market presents a compelling opportunity, with its thriving tech ecosystem and numerous companies seeking access to U.S. capital markets. The partnership with Thomas Yi's Cross Border Associates is especially strategic, leveraging his 30+ years of cross-border transaction experience to accelerate market penetration.
The timing of this expansion is particularly noteworthy, as Asian companies increasingly seek U.S. listings as an alternative to domestic exchanges. This trend is driven by several factors, including higher valuations, greater liquidity, and enhanced global visibility offered by U.S. markets. HeartCore's Go IPO consulting services are well-positioned to capitalize on this demand, especially given their track record in the Japanese market.
The planned IPO seminar in May 2025 represents a smart go-to-market strategy, creating a platform to:
- Showcase HeartCore's expertise to potential clients
- Build relationships with key stakeholders in the South Korean market
- Establish credibility through association with U.S. professionals
The expansion strategy appears well-structured, starting with a referral program through established partners before potentially scaling across the broader Asia-Pacific region. This measured approach allows HeartCore to test and refine their service offering while minimizing market entry risks. The focus on building strategic partnerships, rather than attempting direct market entry, demonstrates a cost-effective expansion model that could be replicated in other Asian markets.
NEW YORK and TOKYO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or “the Company”), a leading enterprise software and data consulting services company based in Tokyo, announced plans to expand its Go IPO consulting services into South Korea.
Recognizing the strong and growing demand from Asia Pacific-based companies seeking to list on a major U.S. exchange, the Company launched a sales and marketing initiative across the broader Asia-Pacific region, starting with a referral program with established partners in South Korea. To that end, HeartCore plans to engage Thomas Yi, a global entrepreneur and a private investor at Cross Border Associates (CBA) in South Korea. With more than 30 years of cross-border transaction experience around M&A, corporate and business development, global marketing, and operations management, Thomas and his global consulting firm have helped early-stage companies from the incubator and accelerator phase all the way up to an IPO. HeartCore, in partnership with Thomas and his global consulting firm, will be hosting other U.S. professionals as part of an IPO seminar event in South Korea in May 2025.
“Given the value proposition of our Go IPO services, we have started to attract interest beyond Japan, extending into the broader Asia-Pacific region,” said HeartCore CEO Sumitaka Kanno. “In addition to our partnership with Thomas and CBA, our team is actively engaged in serious discussions with other companies across South Korea and the Asia-Pacific region, who view U.S. listings as a highly appealing alternative for raising capital and liquidity events. Finalizing these opportunities would mark our entry into new regions beyond Japan, creating additional deal flow and unlocking potential for HeartCore to further enhance its financial profile. Our team’s ability to support capital raising efforts sets us apart from competitors and positions us to continue capturing new opportunities.”
About HeartCore Enterprises, Inc.
Headquartered in Tokyo, Japan, HeartCore Enterprises is a leading enterprise software and consulting services company. HeartCore offers Software as a Service (SaaS) solutions to enterprise customers in Japan and worldwide. The Company also provides data analytics services that allow enterprise businesses to create tailored web experiences for their clients through best-in-class design. HeartCore’s customer experience management platform (CXM Platform) includes marketing, sales, service and content management systems, as well as other tools and integrations, which enable companies to enhance customer experience and drive engagement. HeartCore also operates a digital transformation business that provides customers with robotics process automation, process mining and task mining to accelerate the digital transformation of enterprises. HeartCore’s GO IPOSM consulting services helps Japanese-based companies go public in the U.S. Additional information about the Company's products and services is available at https://heartcore-enterprises.com/.
Forward-Looking Statements
All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believed,” “intend,” “expect,” “anticipate,” “plan,” “potential,” “continue,” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks, and uncertainties are discussed in HeartCore’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond HeartCore’s control which could, and likely will materially affect actual results, and levels of activity, performance, or achievements. Any forward-looking statement reflects HeartCore’s current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. HeartCore assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.
HeartCore Investor Relations Contact:
Gateway Group, Inc.
Matt Glover and John Yi
HTCR@gateway-grp.com
(949) 574-3860
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7971ca64-b7bc-4e2d-b8e1-1b05f55336ed
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