Mergers & Acquisitions ·
HeartSciences Inc. filed a Form 8-K to furnish a press release from Fortitude Mining Holdings, Inc., dated August 20…
HSCSWHeartSciences Inc.
HeartSciences Inc. filed a Form 8-K to furnish a press release from Fortitude Mining Holdings, Inc., dated August 20, 2026, detailing its second quarter 2026 financial and operating results. The filing highlights that Fortitude reported $20.9 million in revenue and an Adjusted EBITDA of $8.5 million for the period ended June 30, 2026. Additionally, the press release notes that on August 12, 2026, Fortitude purchased approximately $1,000,000 worth of HeartSciences common stock in a private placement at a negotiated VWAP of $2.43 per share, acquiring 411,522 shares. This investment brings Fortitude's ownership stake to approximately 9.4% and supports HeartSciences' operating expenses ahead of the expected closing of their proposed business combination in the second half of 2026. HeartSciences Inc. operates in the healthcare information technology industry, advancing ECG/EKG management through artificial intelligence.