The definitive proxy statement will contain the merger's financial terms and shareholder vote details. Traders should monitor for that filing to assess the exchange ratio and implied valuation. The stock may trade on merger-arbitrage dynamics and the market's view of the crypto pivot.
Price Chart
Executive Summary
HeartSciences Inc. filed definitive additional proxy soliciting materials (DEFA14A) in connection with its proposed all-stock merger with Fortitude Mining Holdings, Inc., a Zcash-focused digital asset mining platform. The filing includes a social media post by a DCG executive and urges shareholders to read the definitive proxy statement when available. The merger represents a transformative pivot from an AI medical technology company to a crypto mining entity, but the filing provides no new financial terms or vote outcome details.
Key Financial Metrics
Key Facts
- HeartSciences and Fortitude Mining Holdings have entered a definitive merger agreement for an all-stock transaction.
- A preliminary proxy statement was filed on July 27, 2026; a definitive proxy statement will be mailed to shareholders.
- The filing includes a social media communication from a DCG executive officer.
- The combined company would operate as a vertically-integrated digital asset mining platform anchored in Zcash.
- No financial terms of the merger (exchange ratio, valuation, etc.) are disclosed in this filing.
Financial Impact
All-stock merger with no disclosed valuation or exchange ratio; HeartSciences has a ~$14M market cap.
Risk Factors
- Shareholder approval is required and not guaranteed.
- The crypto mining business is highly volatile and subject to regulatory uncertainty.
- The merger may not close on the anticipated timeline or at all.
- Integration risks and management of a newly public combined company.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEFA14A Filing (Primary) | 0001213900-26-098975 |
| Document: 0001213900-26-098975-index-headers.html | 0001213900-26-098975 |
| Document: 0001213900-26-098975-index.html | 0001213900-26-098975 |
| Document: 0001213900-26-098975.txt | 0001213900-26-098975 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | DEFA14A | — | awaiting T+1 | — | — |
Oct 26, 2026 today | DEFA14A | — | awaiting T+1 | — | — |
Oct 23, 2026 2d ago | SC 13D/A | $3.41 | awaiting T+1 | — | $3.18 (−6.74%) |
Oct 21, 2026 5d ago | DEFA14A | $3.17 $3.14 | ▼ −0.95% | ▼ −0.42% | $3.18 (+0.32%) |
Oct 19, 2026 7d ago | DEFA14A | $3.13 $3.56 | ▲ +13.74% | ▲ +13.21% | $3.18 (+1.60%) |
Oct 19, 2026 7d ago | DEFA14A | $3.07 $3.13 | ▲ +1.95% | ▲ +1.62% | $3.18 (+3.58%) |
Oct 19, 2026 7d ago | DEFM14A | $3.07 $3.13 | ▼ −1.95% | ▼ −1.62% | $3.18 (−3.58%) |
Oct 15, 2026 11d ago | DEFA14A | $3.02 $3.07 | ▲ +1.66% | ▲ +1.23% | $3.18 (+5.30%) |
Oct 9, 2026 17d ago | 424B5 | $3.30 $3.09 | ▲ +6.36% | ▲ +6.35% | $3.18 (+3.64%) |
Oct 6, 2026 20d ago | DEFA14A | $3.49 $3.04 | ▼ −12.89% | ▼ −12.47% | $3.18 (−8.88%) |
US Market Status
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