HeartSciences Inc. Form 8-K Filing
HeartSciences Inc. has filed a Form 8-K report detailing a proposed business combination with Fortitude Mining Holdings, Inc. The company also provided a business update and its financial results for the fiscal year ended April 30, 2026. Key developments include the commercial launch of the MyoVista Insights platform and the submission of the MyoVista wavECG device to the FDA for 510(k) clearance. The merger with Fortitude, a digital asset mining platform focused on Zcash, is presented as a significant value creation opportunity. The filing includes details about Fortitude's operations, financial projections, and the terms of the proposed all-stock transaction. HeartSciences reported no significant revenue for Fiscal 2026 and had approximately $1.7 million in cash and cash equivalents as of April 30, 2026. The company is also seeking shareholder approval for a potential reverse stock split to comply with Nasdaq listing requirements.