secwatch.observer — SEC 8-K summary
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Issuer:     HeartSciences Inc. (HSCS)
CIK:        0001468492
Form:       8-K
Filed at:   2026-07-29T13:00:47+00:00
Accession:  0001213900-26-082577
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HeartSciences files proxy for Fortitude Mining all-stock merger; FY2026 cash $1.7M, no revenue
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- Filed preliminary proxy for all-stock merger with Fortitude Mining; ~107.6M shares to DCG, pro forma equity $70M.
- Fortitude mined 72,696 ZEC in H1 2026 (~28% of network); new 60MW Nebraska facility energized.
- At Zcash >$500, Fortitude estimates run-rate Adj. EBITDA >$50M once new machines hashing.
- FY2026: no meaningful revenue, cash $1.7M, shareholders' equity $0.2M.
- MyoVista Insights platform launched commercially; MyoVista wavECG under FDA 510(k) review.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026082577/0001213900-26-082577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026082577/ea0299627-8k_heart.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-082577

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