HeartSciences sells 411,522 shares to Fortitude in $1 million private placement at $2.43 each

Reuters2026/08/18 21:13

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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.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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HeartSciences sells 411,522 shares to Fortitude in $1 million private placement at $2.43 each

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