secwatch.observer — SEC 8-K summary
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Issuer:     HeartSciences Inc. (HSCS)
CIK:        0001468492
Form:       8-K
Filed at:   2026-06-26T21:22:33+00:00
Accession:  0001213900-26-072722
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 3.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HeartSciences signs merger with Fortitude Mining; new CEO and CFO named
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- Agreement and Plan of Merger with Fortitude Mining Holdings, Fortitude Mining HoldCo and Cordis Acquisition; closing subject to conditions.
- Andrea Childs to become CEO and Erik Ellingson to become CFO, effective at closing; board expanded from five to nine.
- CEO Andrew Simpson receives 425,000 restricted shares as retention bonus, vesting over one year post-closing.
- Compensation Committee approves $250,000 cash bonus for Simpson and $50,000 for CFO Watson, linked to closing.
- Plan amended to increase authorized shares by 475,000, subject to shareholder vote.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026072722/0001213900-26-072722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026072722/ea0296127-8k_heartsci.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-072722

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer