HeartSciences (HSCS) Proxy filing summary

Executive summary

• HeartSciences and Fortitude Mining Holdings have entered into a definitive all-stock merger agreement, combining an AI-powered medical technology company with a digital asset mining platform focused on Zcash.

• The merger aims to leverage synergies between digital health and blockchain mining, with communications highlighting the strategic rationale and anticipated benefits.

• Forward-looking statements emphasize potential growth, integration challenges, and market opportunities, while cautioning about risks related to digital assets and regulatory uncertainties.

Voting matters and shareholder proposals

• HeartSciences shareholders will be asked to vote on the proposed merger at a special meeting, with proxy materials to be mailed following SEC approval.

• The outcome of the shareholder vote is a key condition for the completion of the transaction.

Board of directors and corporate governance

• Directors and executive officers of both companies, as well as certain DCG executives, are identified as participants in the proxy solicitation process.

• Information on their interests and roles is disclosed in the preliminary proxy statement.