other_material
confidence high
sentiment neutral
materiality 0.50
HeartSciences launches $15M offering of Series D Preferred and warrants
HeartSciences Inc.
- Placement Agent Agreement with Digital Offering LLC for best-efforts offering of up to 4,285,714 Units at $3.50 each.
- Each Unit consists of one share of Series D Preferred Stock and a warrant to buy common at $5.00 per share.
- Placement agent receives 7% cash fee and 3% warrant coverage (Agent Unit Warrants at $4.375).
- Certificate of Designations for Series D Preferred Stock filed with Texas Secretary of State effective May 21, 2025.
- Offering registered on Form 1-A, qualified by SEC on March 10, 2025.
item 1.01item 5.03item 9.01