other material
confidence high
sentiment neutral
materiality 0.65
HeartSciences extends loan maturity to 2026, raises $6.7M in Reg A, exchanges $2.06M debt for equity
HeartSciences Inc.
- Loan maturity extended to Sept 30, 2026; accrued interest payment structure amended.
- Raised $6.7M gross from Reg A offering of 1,912,383 Units as of Oct 1, 2025.
- Converted 1,331,044 Series D Preferred shares into common stock under Reg A.
- Exchanged $2.06M principal + $45K accrued interest for 597,578 common shares.
- Common shares outstanding total 3,069,635 as of Oct 1, 2025.