---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-085393"
form_type: "8-K"
ticker: "HSCS"
cik: "0001468492"
company_name: "HeartSciences Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T04:55:45.655911+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Heart Test Labs amends ATM facility to allow up to $10M in common stock sales

## Summary
- Amended Equity Distribution Agreement with Maxim Group raises offering cap from $3.25M to $10M.
- Company previously sold the full $3.25M (11,065,416 shares) under the original agreement.
- Shares sold under the at-the-market offering; legal fees reimbursement to Maxim capped at $65,000.
- Offering registered on Form S-3; subject to one-third of non-affiliate market value limit per I.B.6.
- As of Nov 9, non-affiliate market value was ~$18M based on 21.2M shares and $0.85 close price.

## SEC filing metadata
- accession: 0001213900-23-085393
- form_type: 8-K
- ticker: HSCS
- cik: 0001468492
- company_name: HeartSciences Inc.
- filed_at: 2023-11-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468492/000121390023085393/0001213900-23-085393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468492/000121390023085393/ea187969-8k_hearttest.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-085393
- JSON: https://secwatch.observer/filing/0001213900-23-085393.json
- Plain text: https://secwatch.observer/filing/0001213900-23-085393.txt

## Key facts
- Material Agreements
  HeartSciences Inc. amended Amended EDA with Maxim Group LLC valued at up to $10,000,000 (effective 2023-11-09).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: Maxim Group LLC
  - Value: up to $10,000,000
  - Effective: 2023-11-09
  source text: On November 9, 2023, the Company entered into Amendment No. 1 to the Original EDA (the “Amended EDA” and together with the Original EDA, the “EDA”) with Maxim Group pursuant to which the Company may issue and sell up to $10,000,000 of its shares of Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468492/000121390023085393/0001213900-23-085393-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.