HeartSciences (HSCS) Proxy filing summary

Executive summary

• Fortitude Mining Holdings and HeartSciences have entered a definitive merger agreement for an all-stock transaction, aiming to bring Fortitude’s Zcash-focused mining platform to public markets.

• Fortitude recently acquired a 12.5 MW digital infrastructure facility in Prosser, Nebraska, expanding its owned power portfolio to over 60 MW across seven sites.

• The acquisition strategy emphasizes full ownership of mining assets and infrastructure, supporting operational efficiency and cost control.

• Management highlights strong Zcash mining margins (80–90%) and a focus on low-cost power in the Midwest, differentiating from competitors pivoting to AI.

• Forward-looking statements caution about risks related to transaction completion, integration, and cryptocurrency market volatility.

Voting matters and shareholder proposals

• Shareholders will be asked to approve the proposed merger transaction at a special meeting, with proxy materials to be mailed following SEC filing of the definitive proxy statement.

• Directors, executive officers, and certain DCG executives may participate in proxy solicitation.

Board of directors and corporate governance

• Information on directors, executive officers, and their interests in the transaction is disclosed in the preliminary proxy statement and related SEC filings.