{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-007467","form_type":"8-K","ticker":"HSCS","cik":"0001468492","company_name":"HeartSciences Inc.","filed_at":"2023-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.122620+00:00","generated_at":"2026-06-18T04:22:13.217619+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Heart Test Labs enters $15M equity purchase agreement with Lincoln Park Capital","bullets":["Company may sell up to $15M of common stock to Lincoln Park over 36 months at its discretion.","Issued 100,000 shares as initial commitment; additional 62,500 shares due upon $2M proceeds.","Daily purchase limits: up to 50,000 shares normally, rising to 200,000 if stock above $2.50.","Lincoln Park barred from shorting; proceeds used for working capital and general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-007467","json":"https://secwatch.observer/filing/0000950170-23-007467.json","markdown":"https://secwatch.observer/filing/0000950170-23-007467.md","text":"https://secwatch.observer/filing/0000950170-23-007467.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468492/000095017023007467/0000950170-23-007467-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468492/000095017023007467/hscs-20230310.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T04:22:13.217619+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4fa6219d588bb2979d70cd6de5bcb2ed349a61d1","claim":"HeartSciences Inc. entered into purchase agreement with Lincoln Park Capital Fund, LLC valued at up to $15.0 million (effective 2023-03-10).","evidence_excerpt":"On March 10, 2023, Heart Test Laboratories, Inc. (the \"Company\") entered into a purchase agreement and a registration rights agreement with an institutional investor, Lincoln Park Capital Fund, LLC (\"Lincoln Park\"), an Illinois limited liability company, providing for the purchase of up to $15.0 million worth of the Company's common stock, par value $0.001 per share, over the thirty-six month term of the purchase agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1468492/000095017023007467/0000950170-23-007467-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Lincoln Park Capital Fund, LLC"},{"label":"Value","value":"up to $15.0 million"},{"label":"Effective","value":"2023-03-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}