HeartSciences (HSCS) Proxy filing summary

Executive summary

• HeartSciences and Fortitude Mining Holdings have entered into a definitive all-stock merger agreement, aiming to combine an AI-powered medical technology company with a vertically-integrated digital asset mining platform anchored in Zcash.

• The transaction is expected to close in Q4 2026, providing shareholders exposure to the Zcash ecosystem and representing a significant opportunity.

• Communications emphasize the forward-looking nature of the transaction, highlighting potential benefits and risks associated with digital assets and integration.

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 the definitive proxy statement filing.

• Approval of HeartSciences shareholders is a key condition for closing the transaction.

Risk oversight and compliance

• Risks include potential failure to complete the transaction, integration challenges, market volatility, and regulatory uncertainty in digital assets.

• Forward-looking statements are subject to numerous uncertainties, and investors are cautioned not to place undue reliance on them.