---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-005245"
form_type: "8-K"
ticker: "HSCS"
cik: "0001468492"
company_name: "HeartSciences Inc."
filed_at: "2026-01-16T23:59:59+00:00"
generated_at: "2026-05-16T09:47:49.796743+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HeartSciences issues $3.6M 12% promissory note to Streeterville Capital, netting $3M

## Summary
- Company entered Note Purchase Agreement with Streeterville Capital for $3,605,000 promissory note, netting $3,000,000 after $600,000 OID and $5,000 expenses.
- Note bears 12% annual interest and matures 18 months from January 13, 2026.
- Streeterville may require monthly redemptions up to $405,000 starting six months after issuance; balance increases 5% if not reduced by $1.25M within 12 months.
- Note contains customary covenants and events of default; upon default, interest accrues at up to 18% per annum.
- Issued in unregistered private placement under Section 4(a)(2) of Securities Act, relying on accredited investor exemption.

## SEC filing metadata
- accession: 0001213900-26-005245
- form_type: 8-K
- ticker: HSCS
- cik: 0001468492
- company_name: HeartSciences Inc.
- filed_at: 2026-01-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468492/000121390026005245/0001213900-26-005245-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468492/000121390026005245/ea0272955-8k_heartsci.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-005245
- JSON: https://secwatch.observer/filing/0001213900-26-005245.json
- Plain text: https://secwatch.observer/filing/0001213900-26-005245.txt

## Key facts
- Debt Financings
  HeartSciences Inc. incurred senior notes of $3,605,000 with Streeterville Capital, LLC at 12% per annum maturing 18 months after its issuance date.
  - Instrument: senior notes
  - Principal: $3,605,000
  - Counterparty: Streeterville Capital, LLC
  - Rate: 12% per annum
  - Maturity: 18 months after its issuance date
  - Event: incurrence
  source text: On January 13, 2026, HeartSciences Inc. (the “Company” entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with Streeterville Capital, LLC, an institutional investor (“Streeterville”), pursuant to which Streeterville purchased from the Company an unsecured promissory note in the amount of $3,605,000 (the “Note”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468492/000121390026005245/0001213900-26-005245-index.htm
- Material Agreements
  HeartSciences Inc. entered into Note Purchase Agreement with Streeterville Capital, LLC valued at $3,605,000 (effective 2026-01-13).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Streeterville Capital, LLC
  - Value: $3,605,000
  - Effective: 2026-01-13
  source text: On January 13, 2026, HeartSciences Inc. (the “Company” entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with Streeterville Capital, LLC, an institutional investor (“Streeterville”), pursuant to which Streeterville purchased from the Company an unsecured promissory note in the amount of $3,605,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1468492/000121390026005245/0001213900-26-005245-index.htm

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