HeartSciences sets shareholder vote on Fortitude Mining merger

HeartSciences Inc. (Nasdaq: HSCS, HSCSW) has filed a definitive proxy statement with the U.S. Securities and Exchange Commission for its proposed all-stock business combination with Fortitude Mining Holdings, Inc., a digital asset mining company focused on Zcash.

The company has scheduled a virtual special meeting of shareholders for November 19, 2026, at 10:00 a.m. Eastern Time. Shareholders of record as of October 8, 2026, are eligible to vote. The HeartSciences board of directors has unanimously approved the transaction and recommends shareholders vote in favor of the related proposals.

Under the terms of the merger agreement, the combined company is expected to operate under the Fortitude brand, with its Class A common stock expected to trade on Nasdaq under the ticker symbol "TUDE," subject to applicable listing requirements and Nasdaq approval.

Fortitude, currently wholly owned by Digital Currency Group, operates mining facilities, data center infrastructure, and power assets, with a focus on the Zcash network. The transaction was initially announced on June 23, 2026.

Completion of the transaction remains subject to HeartSciences shareholder approval, Nasdaq listing requirements, and other customary closing conditions. The definitive proxy statement is available through the SEC's website.

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