Financing ·
HeartSciences extends $500,000 secured promissory note to January 29, 2027 or closing of proposed business combination with Fortitude Mining Holdings
HSCSHeartSciences Inc.
HeartSciences Inc. entered into Amendment No. 8 to its Loan Agreement with Front Range Ventures LLC on September 29, 2026, extending the maturity date for its $500,000 secured promissory note to January 29, 2027 or two business days following the closing of a proposed business combination with Fortitude Mining Holdings. The amendment requires immediate payment of accrued unpaid interest as of September 30, 2026, while subsequent interest accrues until maturity. This financing arrangement supports the company's development and commercialization of medical devices for treating heart failure.