other_material
confidence high
sentiment positive
materiality 0.70
HeartSciences raises $5.2M in Reg A offering and exchanges $1.655M debt for equity
HeartSciences Inc.
- Gross proceeds of $5.2M from offering of 1,484,440 Units at $3.50/Unit as of Aug 22, 2025.
- Each Unit consists of one Series D Preferred share and a warrant to buy one common share at $5.00.
- Exchanged $1,655,000 of unsecured promissory note for 461,572 shares of common stock.
- Common shares outstanding total 2,535,066 as of August 22, 2025.
item 8.01item 9.01