secwatch.observer — SEC 8-K summary
======================================

Issuer:     HeartSciences Inc. (HSCS)
CIK:        0001468492
Form:       8-K
Filed at:   2026-08-07T21:00:52+00:00
Accession:  0001213900-26-086773
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

HeartSciences receives Nasdaq delisting notice for equity shortfall; plans merger to regain compliance
--------------------------------------------------------------------------------

- Nasdaq notified HeartSciences on Aug 4, 2026 of non-compliance with Rule 5550(b)(1) requiring $2.5M stockholders' equity.
- Company reported stockholders' equity of $226,060 as of April 30, 2026; must submit compliance plan by Sept 18, 2026.
- If plan accepted, extension until Jan 31, 2027 to regain compliance; otherwise risk of suspension/delisting.
- Company intends to use all-stock merger with Fortitude Mining Holdings (agreed June 23, 2026) to regain compliance.
- No immediate impact on listing; shares and warrants continue trading on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026086773/0001213900-26-086773-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026086773/ea0301173-8k_heart.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-086773

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