HeartSciences sells 411,522 shares to Fortitude in $1 million private placement at $2.43 each
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- HeartSciences sold 411,522 common shares to Fortitude Mining Holdings in a private placement on Aug. 12, 2026.
- The purchase price was set at $2.43 per share, based on the 30-day volume-weighted average price through Aug. 11, 2026.
- Gross proceeds totaled about $1 million, earmarked for operating expenses ahead of the expected Fortitude business combination closing.
- Fortitude’s ownership rose to about 9.4% of outstanding common stock following the deal.
- The shares were issued as unregistered securities under a Securities Act exemption, without additional rights or preferences.
