HeartSciences (HSCS) Proxy filing summary

Executive summary

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

• The merger aims to leverage Fortitude's vertically integrated mining platform and HeartSciences' Nasdaq listing for strategic growth.

• Communications emphasize the importance of reviewing all SEC filings related to the transaction for comprehensive information.

Voting matters and shareholder proposals

• Shareholders of HeartSciences will be asked to approve the proposed merger at a special meeting, with proxy materials to be mailed following SEC clearance.

• Proxy solicitation involves directors and executive officers of both companies, as well as certain executives from Digital Currency Group.

Risk oversight and compliance

• Forward-looking statements highlight risks including transaction completion, integration challenges, cryptocurrency volatility, and regulatory uncertainties.

• Readers are cautioned not to place undue reliance on projections, and both companies disclaim obligations to update forward-looking statements except as required by law.