M&A
confidence high
sentiment neutral
materiality 0.90
HeartSciences files 8-K/A with Fortitude Mining financials for pending merger
HeartSciences Inc.
- Amendment provides audited Fortitude financials for years ended Dec 31, 2025 (revenue $89.5M, net loss $12.7M) and 2024 (revenue $81.8M, net loss $14.4M).
- Unaudited interim Fortitude financials for three months ended March 31, 2026 and 2025 are included.
- Pro forma combined financials as of April 30, 2026 (HeartSciences) and March 31, 2026 (Fortitude) are filed as Exhibit 99.3.
- Merger agreement with Fortitude Mining Holdings was announced June 23, 2026; this amendment supplements Items 9.01(a) and (b).
- Fortitude is a wholly-owned subsidiary of Digital Currency Group, Inc., operating Bitcoin mining sites.