HeartSciences sells 411,522 shares to Fortitude in USD 1 million private placement at USD 2.43 each
Reuters2026/08/19 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.
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