---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-091720"
form_type: "8-K"
ticker: "HSCS"
cik: "0001468492"
company_name: "HeartSciences Inc."
filed_at: "2026-08-19T20:45:27+00:00"
generated_at: "2026-08-19T20:46:04.696083+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HeartSciences sells $1M of stock to Fortitude at 22% premium ahead of merger

## Summary
- On Aug 12, 2026, Fortitude purchased 411,522 shares at $2.43/share for ~$1.0M in a private placement.
- Price is 22% above the $2.43 closing price on purchase date; shares are voting common stock.
- Merger exchange ratio unchanged; no extra Fortitude shares issued at closing due to investment.
- Fortitude now holds ~9.4% of HeartSciences outstanding common stock.
- Proceeds add working capital ahead of proposed merger close expected in H2 2026.

## SEC filing metadata
- accession: 0001213900-26-091720
- form_type: 8-K
- ticker: HSCS
- cik: 0001468492
- company_name: HeartSciences Inc.
- filed_at: 2026-08-19T20:45:27+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468492/000121390026091720/0001213900-26-091720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468492/000121390026091720/ea0302763-8k_heart.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-091720
- JSON: https://secwatch.observer/filing/0001213900-26-091720.json
- Plain text: https://secwatch.observer/filing/0001213900-26-091720.txt

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