HeartSciences (HSCS) Proxy filing summary

Executive summary

• Fortitude Mining Holdings and HeartSciences Inc. have entered into a definitive all-stock merger agreement to combine their businesses, with Fortitude anchored in digital asset mining and HeartSciences in AI-powered medical technology.

• The merger aims to create a vertically integrated platform, leveraging Fortitude’s mining operations and HeartSciences’ technology, with a focus on scaling operations and entering public markets.

• Communications emphasize that forward-looking statements are subject to risks, including transaction completion, integration challenges, and market volatility, especially in digital assets.

Voting matters and shareholder proposals

• HeartSciences shareholders will receive a definitive proxy statement and proxy card to vote on the proposed merger at a special meeting.

• Shareholders are urged to review all proxy materials and related documents filed with the SEC for comprehensive information about the transaction.

Board of directors and corporate governance

• Kimberly Pittman has been appointed Chief Legal Officer at Fortitude, bringing over 25 years of experience in corporate governance, compliance, and securities law.

• Pittman will advise on governance, regulatory, and strategic matters as Fortitude prepares for the merger and public market entry.