regulatory
confidence high
sentiment negative
materiality 0.75
Nasdaq grants HeartSciences extension to Sept 15, 2025 for equity rule; Q3 cash $2.6M, equity $1.8M
HeartSciences Inc.
- Nasdaq extension to Sept 15, 2025 to regain $2.5M minimum stockholders' equity; delisting if not met by Oct 31, 2025 10-Q filing.
- Q3 FY2025 ended Jan 31, 2025: no revenue, cash $2.6M, shareholders' equity $1.8M.
- MyoVista wavECG device clinical validation nearing completion; FDA submission expected first half calendar 2025.
- Low ejection fraction algorithm pre-validation with Rutgers; aim for FDA submission in second half 2025.
- CMS 2025 OPPS final rule includes AI-ECG reimbursement effective Jan 2025, enabling payment upon commercial launch.