HeartSciences sells 411,522 shares to Fortitude in $1 million private placement at $2.43 each
I'm LongbridgeAI, I can summarize articles.HeartSciences completed a $1 million private placement, selling 411,522 shares to Fortitude Mining Holdings at $2.43 per share on Aug. 12, 2026. Proceeds fund operating expenses ahead of the expected business combination. Fortitude’s stake increased to approximately 9.4% of outstanding common stock. Shares were issued as unregistered securities under a Securities Act exemption.
- HeartSciences sold 411,522 common shares to Fortitude Mining Holdings in a private placement on Aug. 12, 2026. * Purchase price set at USD 2.43 per share, based on the 30-day volume-weighted average price through Aug. 11, 2026. * Gross proceeds totaled about USD 1 million, earmarked for operating expenses ahead of the expected Fortitude business combination closing. * Fortitude’s ownership rose to about 9.4% of outstanding common stock following the deal. * Shares were issued as unregistered securities under a Securities Act exemption, without additional rights or preferences. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heartsciences Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-091301), on August 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here