{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-116964","form_type":"8-K","ticker":"HSCS","cik":"0001468492","company_name":"HeartSciences Inc.","filed_at":"2026-11-06T22:00:54+00:00","discovered_at":"2026-11-06T22:02:00.704205+00:00","generated_at":"2026-11-06T22:02:06.351954+00:00","sec_items":["8.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"HeartSciences adds Fortitude merger proxy disclosures; advisor pegs Fortitude equity at $206M-$428M","bullets":["Houlihan Capital guideline public company analysis implies Fortitude equity value of $206.0M-$428.2M, reflecting $0 debt and ~$12.2M cash as of May 31, 2026.","Seven shareholder demand letters claimed the Oct 19, 2026 proxy omitted material information on the June 23, 2026 merger; HeartSciences denies merit but supplemented disclosures.","Special meeting stays virtual on Nov 19, 2026 at 10:00 a.m. ET; the new disclosures do not change timing of the shareholder vote.","Peer set: American Bitcoin, CleanSpark, BitFuFu, Abits, Riot, MARA, Phoenix Group; Riot's ~68.4x 2027F EV/EBITDA was excluded as not meaningful.","Jan 6, 2026 LOI with Fortitude carried 60-day exclusivity plus a 15-day extension; Fortitude picks the combined company's board and management."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-116964","json":"https://secwatch.observer/filing/0001213900-26-116964.json","markdown":"https://secwatch.observer/filing/0001213900-26-116964.md","text":"https://secwatch.observer/filing/0001213900-26-116964.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1468492/000121390026116964/0001213900-26-116964-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1468492/000121390026116964/ea0311293-8k_heart.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-06T22:02:06.351954+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}