SCHEDULE: Crom Structured Opportunities Fund I, LP Discloses 5.6% Passive Stake in Heartcore Enterprises, Inc.

Crom Structured Opportunities Fund I, LP has filed a Schedule 13G, disclosing a passive beneficial ownership of 5.6% in Heartcore Enterprises, Inc.'s common stock.

Summary

• Crom Structured Opportunities Fund I, LP reported beneficial ownership of 1,235,437 shares of Heartcore Enterprises, Inc. common stock.
• This stake represents 5.6% of the issuer's common stock outstanding.
• The percentage calculation is based on 22,075,033 shares of common stock outstanding as of May 15, 2025.
• The Reporting Person also holds 2,000 shares of Series A Convertible Preferred Stock, which are convertible into additional common stock.
• Conversion of the Preferred Stock is subject to a 4.99% beneficial ownership blocker, preventing the holder from exceeding this threshold upon conversion.
• The filing indicates a passive investment purpose, with no intent to change or influence the control of Heartcore Enterprises, Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of a passive ownership stake, providing neutral information without indicating positive or negative performance or outlook for the company.

Positives

• The disclosure of a significant passive stake by Crom Structured Opportunities Fund I, LP may signal investor confidence in Heartcore Enterprises, Inc.

Future Outlook

The document does not provide any forward-looking statements or guidance from Heartcore Enterprises, Inc. or the reporting person regarding the issuer's future performance.

Management Comments

• Liam Sherif, on behalf of Crom Structured Opportunities Fund I, LP, certified that the securities were not acquired and are not held for the purpose or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

This filing is a standard disclosure of a passive ownership stake by an investment fund in a publicly traded company. It does not provide specific insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: The disclosure informs existing and potential shareholders about a significant passive investor's stake in the company, which can influence market perception.

Key Dates

Keywords

Heartcore Enterprises, Crom Structured Opportunities Fund, Schedule 13G, beneficial ownership, common stock, convertible preferred stock, passive investment, SEC filing