- HeartCore Enterprises, Inc. clarified that its previously announced one-time payment to stockholders of **$0.13 per share** will be classified as a **distribution** for U.S. federal tax purposes, not a dividend.  **[1892322_0001493152-25-020059_ex99-1.htm:0]** **[1892322_0001493152-25-020059_form8-k.htm:1]** 
- The **record date** for stockholders to participate in this distribution is **November 10, 2025**, and the **payment date** is expected to be **November 17, 2025**.  **[1892322_0001493152-25-020059_ex99-1.htm:0]** **[1892322_0001493152-25-020059_form8-k.htm:1]** **[1892322_0001493152-25-020059_form8-k.htm:2]** 
- This one-time distribution payment of $0.13 per share represents approximately **16.8%** of the Company's stock price as of market close on October 27, 2025.  **[1892322_0001493152-25-020059_ex99-1.htm:0]**

HeartCore Enterprises clarifies one-time payment to stockholders as a distribution

- HeartCore Enterprises, Inc. clarified that a previously announced one-time payment to its stockholders will be deemed a **distribution** for U.S. federal tax purposes, correcting an earlier statement that it would be a dividend.  **[1892322_38afe4c4bdd84e63a17ba86eadf5b71e_0]** 
- The payment amount is **$0.13 per share** of common stock.  **[1892322_38afe4c4bdd84e63a17ba86eadf5b71e_0]** 
- The record date for stockholders to participate in the distribution is **November 10, 2025**, with the payment date set for **November 17, 2025**.  **[1892322_38afe4c4bdd84e63a17ba86eadf5b71e_0]** 
- This one-time distribution payment represents approximately **16.8%** of the Company\u2019s stock price as of market close on October 27, 2025.  **[1892322_38afe4c4bdd84e63a17ba86eadf5b71e_0]**

HeartCore Clarifies Stockholder Payment as Distribution

- **HeartCore Enterprises, Inc.** authorized a **one-time dividend payment** of **$0.13 per share** of common stock.  **[1892322_0001493152-25-018636_ex99-1.htm:0]** **[1892322_0001493152-25-018636_form8-k.htm:2]** 
- The dividend represents approximately **17.8%** of the Company's stock price as of market close on October 17, 2025.  **[1892322_0001493152-25-018636_ex99-1.htm:0]** 
- The **record date** for the dividend is **November 10, 2025**, and the **payment date** is expected to be **November 17, 2025**.  **[1892322_0001493152-25-018636_ex99-1.htm:0]** **[1892322_0001493152-25-018636_form8-k.htm:1]** **[1892322_0001493152-25-018636_form8-k.htm:2]** 
- The company may continue to issue quarterly dividends in the future, contingent upon Board approval following a review of financial results.  **[1892322_0001493152-25-018636_ex99-1.htm:0]**

HeartCore Enterprises, Inc. Authorizes One-Time Dividend Payment

- HeartCore Enterprises, Inc. has authorized a **one-time dividend payment** of **$0.13 per share** of common stock.  **[1892322_8f708fa781f84b0d819ae13c8b6ce5f0_0]** 
- This dividend represents approximately **17.8%** of the Company’s stock price as of market close on October 17, 2025.  **[1892322_8f708fa781f84b0d819ae13c8b6ce5f0_0]** 
- The record date for the dividend is **November 10, 2025**, with the payment date set for **November 17, 2025**.  **[1892322_8f708fa781f84b0d819ae13c8b6ce5f0_0]** 
- HeartCore may continue to issue quarterly dividends in the future, contingent upon Board approval.  **[1892322_8f708fa781f84b0d819ae13c8b6ce5f0_0]**

HeartCore Enterprises (HTCR)