secwatch.observer — SEC 8-K summary
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Issuer:     HeartSciences Inc. (HSCS)
CIK:        0001468492
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0000950170-24-099524
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heart Test Labs extends $500k loan maturity to Sep 2025; accelerates interest payments
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- Principal $500,000 at 12% compounded annually; maturity extended from Sep 30, 2024 to Sep 30, 2025.
- Accrued interest must be paid within 5 business days of Aug 19, 2024 and again on Sep 30, 2024.
- Company may prepay any amount ≥$50,000, applied first to interest then principal.
- Company releases Front Range from all claims arising up to date of amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468492/000095017024099524/0000950170-24-099524-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468492/000095017024099524/hscs-20240819.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-099524

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer