secwatch.observer — SEC 8-K summary
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Issuer:     HeartSciences Inc. (HSCS)
CIK:        0001468492
Form:       8-K
Filed at:   2026-08-18T21:13:09+00:00
Accession:  0001213900-26-091301
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026091301/0001213900-26-091301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468492/000121390026091301/ea0302504-8k_heart.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-091301

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