secwatch.observer — SEC 8-K summary
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Issuer:     HeartSciences Inc. (HSCS)
CIK:        0001468492
Form:       8-K
Filed at:   2025-09-08T23:59:59+00:00
Accession:  0001468492-25-000006
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HeartSciences raises $5.4M in Reg A offering, exchanges $1.8M debt for shares
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- Received $5.4M gross proceeds from Reg A offering of units at $3.50; 1,556,409 units issued as of Sep 5, 2025.
- Holders of 1,054,549 Series D Preferred shares converted to common stock as part of the offering.
- Exchanged $1.805M unsecured promissory note for 506,348 common shares, reducing debt principal.
- Total common shares outstanding: 2,654,540 as of Sep 5, 2025.
- Each unit consists of one Series D Preferred share and a warrant to buy one common share at $5.00.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1468492/000146849225000006/0001468492-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1468492/000146849225000006/hscs-20250905.htm
  HTML page:      https://secwatch.observer/filing/0001468492-25-000006

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