Mergers & Acquisitions ·
HeartCore Enterprises, Inc. entered into a Stock and Debt Purchase Agreement with Semaphore Technologies, Inc. on June…
HTCRHeartCore Enterprises, Inc.
HeartCore Enterprises, Inc. entered into a Stock and Debt Purchase Agreement with Semaphore Technologies, Inc. on June 22, 2026, to sell its 51% majority ownership interest in Sigmaways, Inc. The transaction includes the sale of 229,500 shares and $2.19 million in outstanding promissory notes for a total purchase price of up to $650,000, consisting of a $1,000 cash payment at closing and an earn-out of up to $649,000 based on Sigmaways' Gross Revenue exceeding $5,500,000. HeartCore also contributed a $350,000 SAFE Note from Heart-Tech Health, Inc. to Semaphore. HeartCore Enterprises, Inc. is a provider of digital marketing and web solution services.