---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-091301"
form_type: "8-K"
ticker: "HSCS"
cik: "0001468492"
company_name: "HeartSciences Inc."
filed_at: "2026-08-18T21:13:09+00:00"
generated_at: "2026-08-18T21:14:07.601380+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# HeartSciences raises $1.0M via PIPE to Fortitude at $2.43/share ahead of merger

## Summary
- Sold 411,522 shares to Fortitude at $2.43/share, gross proceeds ~$1.0M.
- Fortitude now holds ~9.4% of HeartSciences outstanding common stock.
- Proceeds to fund operating expenses until closing of proposed merger with Fortitude (Merger Agreement dated June 23, 2026).
- Shares issued in PIPE are not subject to Exchange Ratio under Merger Agreement.
- Preliminary proxy statement for merger filed July 27, 2026; shareholder vote pending.

## SEC filing metadata
- accession: 0001213900-26-091301
- form_type: 8-K
- ticker: HSCS
- cik: 0001468492
- company_name: HeartSciences Inc.
- filed_at: 2026-08-18T21:13:09+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468492/000121390026091301/0001213900-26-091301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468492/000121390026091301/ea0302504-8k_heart.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-091301
- JSON: https://secwatch.observer/filing/0001213900-26-091301.json
- Plain text: https://secwatch.observer/filing/0001213900-26-091301.txt

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