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

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

ReutersReuters2026/08/19 13:01
  • HeartSciences priced a private placement of 411,522 common shares to Fortitude Mining Holdings for about USD 1 million.
  • Shares sold at USD 2.43 each, a 22% premium to the closing price on the purchase date.
  • Merger exchange ratio with Fortitude unchanged; no additional shares to Fortitude equity holders tied to the investment.
  • Fortitude’s stake rises to about 9.4% of outstanding common stock; proceeds add working capital ahead of the expected merger close.


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 GlobeNewswire (Ref. ID: 202608190900PRIMZONEFULLFEED9812504) on August 19, 2026, and is solely responsible for the information contained therein.

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