---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-070862"
form_type: "8-K"
ticker: "HSCS"
cik: "0001468492"
company_name: "HeartSciences Inc."
filed_at: "2026-06-23T12:33:32+00:00"
generated_at: "2026-06-23T12:35:26.674907+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# HeartSciences to acquire Fortitude Mining; Fortitude holders to own ~95% of combined entity

## Summary
- Merger with Fortitude Mining (Zcash mining, owned by Digital Currency Group) signed; closing expected H2 2026.
- Post-merger, Fortitude equity holders to own ~95% of HeartSciences; current HSCS shareholders ~5%.
- New CEO Andrea Childs, CFO Erik Ellingson; board reconstituted with Fortitude designees.
- Fortitude contributes $2M cash or Zcash; new Class V voting stock (no economic rights) and Class A common issued.
- Support agreements from >50% of Series C preferred holders; termination fees: $2.5M (HSCS) / $6M (Fortitude).

## SEC filing metadata
- accession: 0001213900-26-070862
- form_type: 8-K
- ticker: HSCS
- cik: 0001468492
- company_name: HeartSciences Inc.
- filed_at: 2026-06-23T12:33:32+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468492/000121390026070862/0001213900-26-070862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468492/000121390026070862/ea0295453-8k_heartsci.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-070862
- JSON: https://secwatch.observer/filing/0001213900-26-070862.json
- Plain text: https://secwatch.observer/filing/0001213900-26-070862.txt

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