other material
confidence high
sentiment neutral
materiality 0.60
Heart Test Laboratories to effect 1-for-100 reverse stock split on May 17, 2024
HeartSciences Inc.
- Reverse stock split of common stock and warrants at 1-for-100 ratio, effective at market open on May 17, 2024.
- Post-split CUSIP for common stock is 42254E302; trading symbols HSCS and HSCSW unchanged.
- Warrant exercise price adjusted proportionally to $425.00 per share; fractional shares rounded up.
- Adjustments to outstanding warrants ensure equitable conversion for holders.